Office Depot recognized as one of the Best Places to Work for LGBT Equality by the Human Rights Campaign Foundation

BOCA RATON, Fla, 2016-Dec-13 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office products, services and solutions and parent company of Office Depot and OfficeMax, today (December 12, 2016) announced that it received a perfect score of 100 percent on the 2017 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual and transgender (LGBT) workplace equality, administered by the Human Rights Campaign Foundation (HRC). Office Depot joins the ranks of 517 major U.S. businesses which also earned top marks this year.

“We are proud to be recognized as one of the Best Places to Work for LGBT Equality by the Human Rights Campaign Foundation for the sixth year in a row,” said Michael Allison, EVP and Chief People Officer for Office Depot. “Office Depot is committed to providing equal opportunities, rights and benefits to all of our associates. We continue to recruit a workforce that reflects the diversity of the communities that we serve, recognizing that our organization only flourishes when we hire, promote and create paths to leadership for people of every background.”

The 2017 CEI rated 1,043 businesses in the report, which evaluates LGBT-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs and public engagement with the LGBT community. Office Depot’s efforts in satisfying all of the CEI’s criteria results in a 100 percent ranking and the designation as a Best Place to Work for LGBT Equality.

“Even in the face of relentless attempts to undermine equality, America’s leading companies and law firms remain steadfast and committed to supporting and defending the rights and dignity of LGBTQ people,” said HRC President Chad Griffin. “The unprecedented expansion of inclusive workplaces across the country and around the globe not only reflects our progress, it helps drive it. As we enter a new chapter in our fight for equality, support from the business community will be more critical than ever to protect our historic advancements over the last decade and to continue to push equality forward for workers, customers and families around the world.”

The Human Rights Campaign Foundation is the educational arm of America’s largest civil rights organization working to achieve equality for lesbian, gay, bisexual transgender and queer people. HRC envisions a world where LGBTQ people are embraced as full members of society at home, at work and in every community.

About Office Depot, Inc.

Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.

Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.

The company has annual sales of approximately $14 billion, employs approximately 49,000 associates, and serves consumers and businesses in 59 countries with approximately 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax, Grand & Toy, and Viking. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.

Contact:
Rebecca Rakitin
561-438-1450
Rebecca.Rakitin@officedepot.com

Source: Office Depot, Inc.

Office Depot received a perfect score of 100 percent on the Human Rights Campaign Foundation’s 2016 Corporate Equality Index (CEI)

Company Earns 100 Percent on Human Rights Campaign Foundation’s Fourteenth Annual Scorecard on LGBT Workplace Equality

BOCA RATON, Fla., 2015-11-20 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, and parent company of Office Depot and OfficeMax, today announced that it received a perfect score of 100 percent on the Human Rights Campaign Foundation’s 2016 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality. Office Depot joins the ranks of 407 major U.S. businesses that also earned top marks this year.

“We are proud to earn another perfect score on the Human Rights Campaign Foundation’s Corporate Equality Index,” said Michael Allison, EVP and Chief People Officer for Office Depot. “To be recognized as one of the best places to work for LGBT equality for the past five years is a testament to our company’s inclusive culture, benefits and core values of integrity and respect. We believe that supporting diversity contributes to our success in the global markets we serve.”

The 2016 CEI rated 1,027 businesses in the report, which evaluates LGBT-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs and public engagement with the LGBT community. Office Depot’s efforts in satisfying all of the CEI’s criteria results in a 100 percent ranking and the designation as a Best Place to Work for LGBT Equality.

“In this 2016 Corporate Equality Index, hundreds of major businesses responded to our new standards for workplace equality with exceptional leadership,” said Human Rights Campaign Foundation Workplace Equality Program Director Deena Fidas. “Office Depot not only meets these standards, it goes above and beyond the call of duty, making commitment to equality a fundamental aspect of its corporate values.”

The Human Rights Campaign is America’s largest civil rights organization working to achieve lesbian, gay, bisexual and transgender equality. By inspiring and engaging all Americans, HRC strives to end discrimination against LGBT citizens and realize a nation that achieves fundamental fairness and equality for all.

About Office Depot, Inc.
Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.

Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.

The company has annual sales of approximately $16 billion, employs approximately 56,000 associates, and serves consumers and businesses in 59 countries with approximately 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax, Grand & Toy, and Viking. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.

Office Depot, Inc.
Rebecca Rakitin, 561-438-1450
Rebecca.Rakitin@officedepot.com

SOURCE: Office DEPOT® | OfficeMax®

IKEA US recognized a great place to work in Human Rights Campaign Foundation’s 14th Annual Scorecard on LGBT Workplace Equality

IKEA US recognized as a progressive company and great place to work in Human Rights Campaign Foundation’s 14th Annual Scorecard on LGBT Workplace Equality

Conshohocken, PA, 2015-11-19 — /EPR Retail News/ — IKEA US announced today that it received a perfect score of 100 percent on the 2016 Corporate Equality Index (CEI). The CEI is a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign (HRC) Foundation.

This year, the 2016 CEI report rated 1,027 businesses, evaluating their LGBT-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs, and public engagement with the LGBT community. IKEA US satisfied all of CEI’s criteria resulting in a 100 percent ranking and the designation as a Best Place to Work for LGBT Equality. This includes:

  • Since 1995, IKEA extended benefits coverage to spouses and domestic partners including health/medical, dental, vision, dependent coverage, COBRA, FMLA, bereavement, relocation/travel assistance, adoption benefits, employee discount, employee-assistance program.
  • In 2016, the IKEA medical plan will include gender reassignment surgery and other services.

“We are very pleased we have been recognized by the 2016 Corporate Equality Index with a 100 percent perfect score. Our goal is to create a better everyday life for the many people and this starts with our co-workers. With that said, our aim is to integrate diversity and inclusion into our business processes so that it is not a stand-alone initiative; rather, it is an added dimension to our existing daily work practices, while enhancing our business,” commented Lars Petersson, IKEA US President.

In addition to benefits focused on LGBT co-workers and their families, the company strives to contribute to a better life for all co-workers and their families. Here are a few examples:

New Minimum Wage (Effective Jan. 1, 2016)

  • In June 2014, IKEA US implemented a new minimum wage structure, basing minimum hourly wages on co-workers’ local living costs (i.e., housing, food, transportation).
    • As a result of the new minimum wage structure, IKEA saw a 4% reduction in turnover.
  • In June 2015, the company announced it would once again raise its minimum hourly wage in existing stores.
    • Effective January 1, 2016, the average minimum hourly wage will increase from $10.76 to $11.87, a 10.3% increase. This is $4.62 above the current federal minimum wage. No co-worker will have a minimum hourly wage below $10.00.

Retirement Savings

  • IKEA offers a 401K plan and matches a portion of contributions. IKEA offers a 100% match on the first 4% of salary contributed, and a 50% match on the next 2% of salary contributed.
  • IKEA invests in their co-workers’ future with annual retirement fund contributions through a program called “Tack!” (Swedish for ‘Thank You’).
    • The purpose of Tack! is to show appreciation and gratitude for co-workers’ loyalty and contribution to the success of the business.
    • Regardless of rank or position, each full-time US co-worker received $2,530 in 2014.

Health Benefits

  • IKEA offers Platinum and Gold level PPO medical plans, vision (at no cost to full time co-workers), dental and prescription coverage to help co-workers and their families stay well. Co-workers who work an average of 20 hours or more weekly are eligible for medical benefits. (74% of IKEA US co-workers)

Work Life Balance

  • IKEA US offers generous Paid Time Off benefits.
    • Paid time off accrues based on co-workers’ length of service and how many hours they work. Co-workers at IKEA can accrue anywhere from up to 76 hours per year to 272 hours per year.
    • All co-workers accrue sick time based on their average amount of hours worked, up to 40 hours per year for full-time co-workers.
    • IKEA also offers bereavement leave, jury duty paid time off, and maternity/paternity leave for natural birth and adoption.
  • Currently, IKEA offers retail industry leading scheduling, providing schedules three weeks in advance, more than required by federal legislation.
    • IKEA US is conducting pilots in select markets to find ways to make scheduling even more predictable.
  • Once again, all IKEA US stores will be closed on Thanksgiving Day so that co-workers can enjoy the day celebrating with family and friends.

Growth & Development

  • IKEA offers education assistance for associates, undergraduate, and graduate programs to support co-workers’ development.
  • Tuition discounts for IKEA co-workers are available at online universities.

For more information on the 2016 Corporate Equality Index, or to download a free copy of the report, visit www.hrc.org/cei.

The Human Rights Campaign is America’s largest civil rights organization working to achieve lesbian, gay, bisexual and transgender equality. By inspiring and engaging all Americans, HRC strives to end discrimination against LGBT citizens and realize a nation that achieves fundamental fairness and equality for all.

For further information, please contact:
Mona Astra Liss, US Corporate PR Director, Mona.Liss@IKEA.com,
610.834.0180, ext. 5852

About IKEA Group
The IKEA vision is to create a better everyday life for the many people. Our business idea supports this vision by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them. There are currently 328 IKEA Group stores in 28 countries. Additionally, there are 40 IKEA stores run by franchises. There are 41 IKEA stores in the US. In FY 15, IKEA Group had 771 million visitors to the stores and 1.9 billion visitors to IKEA.com. IKEA incorporates sustainability into day-to-day business and supports initiatives that benefit children and the environment. For more information, please visit www.IKEA.com, facebook.com/IKEAUSA, @IKEAUSANews, @IKEAUSA, http://pinterest.com/IKEAUSA/, www.youtube.com/IKEAUSA, www.theshare-space.com, www.theshare-space.com/en/Blog

SOURCE: Inter IKEA Systems B.V.

 

CVS receives perfect score on the Corporate Equality Index for the second year in a row

Company scores 100 Percent on 2016 Human Rights Campaign Foundation Corporate Equality Index

WOONSOCKET, R.I., 2015-11-19 — /EPR Retail News/ — CVS Health, the nation’s largest pharmacy innovation company, today announced that for the second year in a row it received a perfect score of 100 percent on the Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices pertinent to LGBT equality, administered by the Human Rights Campaign Foundation. CVS Health joins the ranks of 391 major U.S. businesses which also earned top marks this year.

“We pride ourselves on embracing and celebrating the rich diversity of our colleagues, customers and suppliers,” said Lisa Bisaccia, EVP and Chief Human Resources Officer for CVS Health and executive sponsor of the company’s LGBT resource group. “It is part of our culture to make every individual feel equally valued, respected and appreciated. These core values are the fabric of who we are as a leading health care company and make us one of the best places to work.”

Some of the programs and initiatives that account for CVS Health’s top score include:

  • an inclusive benefits package which provides health insurance coverage for the medically necessary health care services that transgender people need, including transition-related treatment;
  • support for 11 national  Colleague Resource Groups, including PRIDE, which offer employees the opportunity to share or support a particular ethnicity, culture or perspective;
  • the CVS Health Supplier Ethics Policy that supports the inclusion of LGBT vendors and suppliers; and
  • financial sponsorship and participation in annual LGBT-related and multi-cultural events and causes across the country where the company operates.

The 2016 CEI rated 1,024 businesses in the report, which evaluates LGBT-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs, and public engagement with the LGBT community. CVS Health’s efforts in satisfying all of the CEI’s criteria results in a 100 percent ranking and the designation as a Best Place to Work for LGBT Equality.

For more information on the 2016 Corporate Equality Index, or to download a free copy of the report, visit www.hrc.org/cei.

About CVS Health
CVS Health is a pharmacy innovation company helping people on their path to better health. Through its more than 7,900 retail drugstores, more than 1,000 walk-in medical clinics, a leading pharmacy benefits manager with more than 70 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, and expanding specialty pharmacy services, the Company enables people, businesses and communities to manage health in more affordable, effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health at www.cvshealth.com.

Contact: 

Joe Goode
Corporate Communications
(401) 770-9820
jlgoode@cvs.com

Amy Lanctot
Corporate Communications
(401) 770-2931
alanctot@cvs.com

SOURCE CVS Health