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KEYBANK RANKS #17 ON FAIR360'S TOP COMPANIES FOR DIVERSITY

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KeyBank (NYSE:KEY) has been ranked 17th on Fair360's 2024 'Top 50 Companies for Diversity' list, an improvement from its 22nd position in 2023.

This is the 15th time KeyBank has appeared on the list. The company also ranked highly in several specialty lists, including #1 for People with Disabilities, #6 for Veterans, and #9 for LGBTQ+ Employees.

Chris Gorman, Chairman and CEO, highlighted the company's dedication to diversity, equity, and inclusion as key factors behind this recognition. KeyBank, headquartered in Cleveland, Ohio, operates in 15 states with assets of approximately $187 billion as of March 31, 2024.

Positive
  • KeyBank improved its ranking on the Fair360 'Top 50 Companies for Diversity' list from #22 in 2023 to #17 in 2024.
  • KeyBank ranked #1 for People with Disabilities, #6 for Veterans, and #9 for LGBTQ+ Employees on specialty lists.
  • Recognition marks the 15th time KeyBank has been named a 'Top 50 Company for Diversity', showcasing its consistent commitment to diversity.
  • Positive ranking supports KeyBank's public image and may attract diverse talent and customers.
Negative
  • No financial metrics such as revenue or profit growth were mentioned, leaving investors without concrete performance data.
  • The PR does not address any potential challenges or risks related to maintaining or improving its diversity rankings.

CLEVELAND, May 23, 2024 /PRNewswire/ -- KeyBank (NYSE:KEY) has earned  17th place on the 2024 Fair360  "Top 50 Companies for Diversity" list (formerly known as DiversityInc), improving 5 spots from #22 in 2023. This year's recognition marks the 15th time Key has been named a Top 50 Company for Diversity.

"At KeyBank, we are committed to supporting diversity, equity, and inclusion, both within our organization and in the communities we serve," said Chris Gorman, Chairman and CEO, KeyCorp. "I am incredibly proud that KeyBank placed #17 on Fair 360's Top 50 Companies for Diversity.  Our Top 20 ranking is a testament to the collective work of our dedicated and talented team and our decades-long strategy to create a more diverse and inclusive workplace, workforce and marketplace." 

Key was also ranked on several specialty lists: 

The awards and specialty lists: 

  • #1 Top Companies for People with Disabilities  
  • #6 Top Companies for Veterans  
  • #6 Top Companies for Philanthropy 
  • #9 Top Companies for LGBTQ + Employees 
  • #20 Top Companies for Sponsorship 

Fair360 rankings are based on 2023 company-submitted data in six key areas of workplace fairness, providing a trusted measure of transparency, equitable outcomes for employees and the effectiveness of fairness strategies and practices.  

To view KeyBank's Top 50 profile, visit here.

About KeyCorp
KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $187 billion at March 31, 2024. 

Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC. 

KeyBank (PRNewsFoto/KeyCorp) (PRNewsfoto/KeyCorp)

 

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SOURCE KeyCorp

FAQ

What ranking did KeyBank achieve on Fair360's 2024 Top 50 Companies for Diversity list?

KeyBank ranked 17th on Fair360's 2024 Top 50 Companies for Diversity list.

How did KeyBank's ranking change from 2023 to 2024 on Fair360's diversity list?

KeyBank improved its ranking from 22nd in 2023 to 17th in 2024.

What specialty lists did KeyBank make it onto in 2024?

KeyBank ranked #1 for People with Disabilities, #6 for Veterans, and #9 for LGBTQ+ Employees.

How many times has KeyBank been named a Top 50 Company for Diversity?

KeyBank has been named a Top 50 Company for Diversity 15 times.

What is the significance of KeyBank's ranking on diversity lists for investors?

Positive diversity rankings can enhance KeyBank's public image and attract diverse talent and customers, potentially benefiting business performance.

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