More Related Content More from Kevin Carter (20) Examining The Cracks In The Ceiling2. NFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% S
EAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% ARE
ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WXH
AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03
NFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04%
36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.1
GDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.0
APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE
HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37%
04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46%
23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98%
23% DFZ +0.17 +3.05% ///////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10
65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4
52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85%
31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.
UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% /APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75%
86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68%
20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03
-82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53%
16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% ///////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.3
05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.2
07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.5
83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00%
AST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% //////APSG -0.03 -1.00% A
00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60
10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39
39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40%
05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%
////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0
FT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55%
35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.
HC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20
05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.0
NSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KO
91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82
01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16
19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37
00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.0
AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0
HX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TO
WER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% ///////////////////////////// APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.5
21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0
09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.6
EAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% ARE
ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WX
AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03
NFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04%
36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.1
GDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.0
APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE
HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37%
04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46%
23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98%
23% DFZ +0.17 +3.05% /CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69%
84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01
HMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04
46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% V
WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% / APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07%
54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91
18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.0
77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2
37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +
01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22
15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch
85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02
04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +
Table of Contents
DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -
SB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM
.
NWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC
Foreword.......................................................................................................... 1 concluSion.and.next.StePS................................................................17
HB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% ////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AH
ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.
PAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CN
DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND............ 19 RGDX -0.15 -1
executive.Summary....................................................................................3 calvert’S.gender-related.advocacy.and.actionS. +0.15 +4.17%
ch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% APSG -0.03 -1.00%
00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60
10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39
examining.the.10.key.indicatorS......................................................6 aPPendix.a:.S&P.100.comPany.ratingS.(alPhaBetical)...... 20
39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40%
05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%
1... equal.employment.opportunity.(eeo).Policy.................. 7
67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% P
aPPendix.B:.S&P.100.comPany.ratingS.(By.Score)..................21
CLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch
04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25...................................................8 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03
2.. internal.diversity.initiatives. unch HIFN +0.01 +0.26% INHX 0.24
15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18
73% 3.. external.diversity.initiatives...................................................9 aPPendix.c:.model.Board.diverSity.PolicieS..
4.. Scope.of.initiatives.................................................................... 10 and.Proxy.diScloSureS.......................................................................... 22
5.. Family-Friendly.Benefits..........................................................11
aBout.the.authorS................................................................................. 23
6.. eeo-1.disclosure......................................................................... 12
7.. highest.Paid.executives.......................................................... 13 aBout.calvert............................................................................................. 24
8.. Board.representation.............................................................. 14
9.. director.Selection.criteria..................................................... 15
10.. overall.corporate.commitment........................................ 16
.
3. NFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% S
EAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% ARE
ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WXH
AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03
NFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04%
EXAMINING THE CRACKS IN THE CEILING: A SURVEY OF CORPORATE DIVERSITY PRACTICES OF THE S&P 100—OCTOBER 2010
36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.1
1
GDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.0
APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE
HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37%
04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46%
23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98%
23% DFZ +0.17 +3.05% ///////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10
65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4
52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85%
31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.
UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% /APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75%
86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68%
20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03
-82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53%
Foreword
16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% ///////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.3
05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.2
07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.5
83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00%
AST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% //////APSG -0.03 -1.00% A
00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60
10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39
39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07%BarBara -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40%
TIVO -0.35 J. krumsiEk
05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%
President,CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0
////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch
Chief Executive Officer and
FT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55%
Chair of Calvert Group, Ltd.
35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.
HC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20
05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.0
NSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KO
91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82
01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16
19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37
earlier.this.year,.an.unprecedented.mile-
00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLSfair employer and -2.78% SNFCA -0.29 -14.26%risks associated with +3.92% VSCP +0.0
-0.06 -3.64% SCLN -0.03 reducing the costly SPAN +0.07 +0.85% TIII +0.02
AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0
HX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDXand -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TO
discrimination, harassment, -0.15 litigation.
stone.was.set—for.the.first.time,.women.
WER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% ///////////////////////////// APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.5
outnumbered.men.on.the.nation’s.payrolls. .
21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0
09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 1 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.6
Consider a recent McKinsey study3 that finds companies
EAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% ARE
ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WX
while.this.majority.status.continues.to.
AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFTin senior MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03
with three or more women -0.15 -0.84% management positions
NFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04%
36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24%criteria -0.28% RAND +0.1
shift.between.men.and.women,.the.long- score more highly on nine organizational excellence PW -0.03
GDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.0
APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% Goldman Sachs’ -0.13 -0.78% HBE
than companies with no women at the top. EXTR -0.17 -13.82% FORR
term.trend.clearly.signals.the.importance.of.
HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37%
research4 demonstrates that closing the gap between male
04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46%
women.in.the.workplace.and.underscores.
23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98%
and female employment rates could potentially increase
23% DFZ +0.17 +3.05% /CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69%
the.growing.case.for.diversity..as.a.result,.
84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIIIU.S. GDP by as +0.09 +9.09% 9% and Eurozone GDP by 13%.
+0.02 +3.92% VSCP much as AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01
HMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04
46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 These are just two examples of a growing business +0.44% for
-5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 case UNFY -0.20 -10.00% V
we.are.once.again.compelled.to.assess.
WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% / APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07%
gender equality and diversity that have many prominent
54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91
whether.companies.are.adequately.pre-
18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.0
77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03%leveraging their positions to promote
institutional investors AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2
37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +
pared.to.deal.with.this.new.reality..
01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% representation of women and TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22
greater SNFCA -0.29 -14.26% SPAN +0.07 +0.85% minorities on company
15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch
85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% a growing TAST -0.17 -5.82% TCX 0.36 unch paying unch TWER +0.02
boards, leading to SSE 5.75 unch group of policy makers TOFC 4.75
04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +
increased attention to corporate diversity.
DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -
SB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM
Calvert recognizes that-5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC
NWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77
corporate diversity is a key ingredient
HB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% ////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AH
to succeed in an increasingly complex global marketplace, In this second edition of Examining the Cracks in the Ceiling,
ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.
PAN +0.07 +0.85% where the ability to draw on a wide range of viewpoints, AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CN
TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% Calvert continues to evaluate if and how well corporations
DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -1
ch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unchexperience is critical to a company’s-0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% and +0.09 +4.18% AFOP -0.01 -1.73% APSG -0.03 -1.00%
backgrounds, skills, and TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY themselves are understanding ACFN managing the risks and
00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60
10% HTS -0.07 -0.32% INFI -0.09 an investor, Calvert views diversity as both a KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXXthis -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39
success. As -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20%
2
opportunities diversity offers. In 2008, -0.23 report analyzed
39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40%
05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19the diversity practices of all -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%
social and strategic business and investment imperative. -2.62% CBZ -0.37 -5.60% CGNX -0.40 companies whose securities
67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% P
CLN -0.03 -2.78% SNFCA -0.29 -14.26% numerous research studies confirm, thatAIRT -0.22 -3.67% held -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch
We believe, and SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% were AMEN in the Calvert Social Index®. This year, we
04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03
15 +4.17% RGDXappropriate diversity policies, comprehensive diversity TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 in the Standard
-0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch narrowed the universe to the companies -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18
73%
programs, and strong leadership commitment enhance a & Poor’s 100 Index (S&P 100), while retaining our in-depth
company’s long-term value by building its reputation as a methodology which addresses diversity policies, programs,
and performance metrics; identifies leaders and laggards;
and provides companies a road map to identify gaps in their
own internal practices.
1. U.S. Bureau of Labor Statistics, February 2010 Report.
2. Calvert’s consideration of diversity includes, but is not limited to, nondiscrimination
and equal opportunity concerning recruitment, hiring, pay, promotion, training, and
tenure without regard to race, gender, age, religion, national origin, ethnicity, sexual 3. McKinsey & Co report Women Matter 3, September 2009
orientation, gender identity and expression, HIV/AIDS status, medical status, and 4. Goldman Sachs Global Economics Paper No: 164 (Women Hold Up Half the Sky),
mental and physical ability. March 2008
4. 2 EXAMINING THE CRACKS IN THE CEILING: A SURVEY OF CORPORATE DIVERSITY PRACTICES OF THE S&P 100—OCTOBER 2010
Our survey reveals a substantial commitment to workplace business case for diversity in the boardroom and executive
equality, especially as it relates to the establishment of suite, the number of women and minority board members
diversity policies and programs. Not a single company scored and executives has remained essentially flat over the past
zero in this year’s ratings. Yet the conclusions we are unable several years, demonstrating a clear disconnect between
to draw are equally telling. Lack of disclosure regarding diversity initiatives and outcomes.
workforce demographics and other concrete performance
metrics affects our ability to determine the full impact of We hope this survey of diversity practices will stimulate
these diversity initiatives. Increased demographic data would discussion, catalyze action, and become an instrument for
enhance our analysis regarding whether and how women measuring and managing how well women and minorities
and minorities are advancing in the workplace. Detailed are faring in the corporate workplace. We appreciate those
performance metrics would also deepen our identification of companies who are currently making efforts to identify,
areas of strength and opportunity. Take for example, board evaluate, and communicate diversity practices in an honest
and executive diversity, two areas where we are able to and transparent manner, and believe efforts towards more
capture representation data: the results show women and comprehensive practices and more sophisticated disclosure
minorities have a long way to go in reaching parity. Despite will pay off in both the workplace and marketplace.
an increase in research studies demonstrating a sound
5. NFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% S
EAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% ARE
ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WXH
AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03
NFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04%
EXAMINING THE CRACKS IN THE CEILING: A SURVEY OF CORPORATE DIVERSITY PRACTICES OF THE S&P 100—OCTOBER 2010
36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.1
3
GDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.0
APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE
HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37%
04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46%
23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98%
23% DFZ +0.17 +3.05% ///////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10
65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4
52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85%
31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.
UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% /APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75%
86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68%
20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03
-82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53%
Executive Summary
16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% ///////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.3
05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.2
07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.5
83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00%
AST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% //////APSG -0.03 -1.00% A
00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60
10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39
39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40%
05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%
////////////////////////////////////////////////////// CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0
FT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55%
35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.
HC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20
05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.0
NSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KO
91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82
01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16
19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37
calvert’s.survey.of.the.corporate.diversity. effectiveness of instituted policies and programs. In
00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.0
AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0
HX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TASTdata—
fact, 37% of companies still disclose no EEO-1 -0.17 -5.82% TCX 0.36 unch TO
practices.of.the.companies.in.the.S&P.
WER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% ///////////////////////////// APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.5
21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 is critical to demonstrating -1.10% HTS -0.07 -0
demographic data that -0.75% HMSY +0.19 +0.60% HTGC -0.04
100.index.(S&P.100).reveals.that.while.
09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.6
EAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIREand -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% ARE
how successfully women -0.38 minorities are advancing
the.majority.of.these.large-capitalization.
ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WX
AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10a company’s -0.84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03
throughout -4.69% LFT -0.15 ranks and evaluating the
NFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04%
36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 of diversity initiatives.
companies.have.progressed.in.developing. effectiveness -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.1
GDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.0
diversity.strategies,.a.lack.of.detailed.
APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE
> Due to inconsistent disclosure among companies, we
HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% INFI -0.09 -1.13% INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37%
04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46%
disclosure.and.a.gap.between.strategies.and.
23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHBunable toBKMU -0.19number of additional data -4.02% CLRT -0.05 -2.98%
are -0.98 -5.16% factor a -2.62% CBZ -0.37 -5.60% CGNX -0.40
23% DFZ +0.17 +3.05% /CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69%
performance.remain..
84% MVC +0.82 +12.85% PRLS -0.06 -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15been AWH -0.52 -1.55% BITI +0.01
points into our ratings that would have -4.76% helpful
HMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04
46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC the unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% V
in assessing 4.75 effectiveness of diversity initiatives.
WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% / APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07%
54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60% HTGC -0.04 -1.10% HTS -0.07 -0.32% These factors include -5.39% ITWO -0.12 -1.68%women in
INFI -0.09 -1.13% INSU -0.68 the percentage of JOSB +0.85 +4.20% KOPN -0.03 -1.91
18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.0
77 -5.07% TIVO -0.35evaluating the diversity -0.38 -2.23% of the S&P 100, we -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2
In -5.38% TTEC -0.04 -0.46% WIRE practices ACTG -0.26 -10.40% ALNC management training programs, the proportion of
37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% CRGN +0.02 +2.67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +
considered -0.10indicators, including: EEO policy, internal -3.64% SCLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22
01 -0.10% FLL 0.09 -8.65% KSW 10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% PRLS -0.06 total supplier spending dedicated to women and
15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35% CHMP +0.33 +21.97% CKX 11.01 unch CLFD -0.09 -8.04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch
85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC external OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02
diversity initiatives, -0.07 -4.46% diversity initiatives, scope of minority-owned businesses, and the extent to which
04 +0.44% UNFY -0.20 -10.00% VII -0.05 -1.01% WVFC -0.01 -0.06% ACFN +0.09 +4.18% AFOP -0.01 -1.73% APSG -0.03 -1.00% ARQL -0.03 -1.00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +
diversity initiatives, family-friendly -13.82% FORREEO-1 disclosure, -0.75% HMSY +0.19 +0.60% training-1.10% HTS -0.07Instead, our ratings INSU -0.68 -5.39% ITWO -
DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17
benefits, -0.13 -0.78% HBE -0.05 diversity HTGC -0.04 is required. -0.32% INFI -0.09 -1.13%
SB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20 -3.04% QCOR -0.12 -2.39% RGR +0.04 +0.39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM
highest-paid executives, board diversity, director selection remain focused on the more basic programmatic
NWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40% ALNC -0.69 -4.05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC
HB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05% ////////////////////////////////////////////////////// CRGN various WXH +0.15 +1.61% AH
criteria, and CVV -0.16 -6.37% CYAN +0.00 +0.01% EWSTOur -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% than+0.82 +12.85% PRLSthe +0.02 +2.67% -0.03 -2.78% SNFCA -0.
overall corporate commitment. -0.01 analysis elements, rather MVC the quality of -0.06 -3.64% SCLN
ALDA -0.05 -0.95% CSLR 5.00 unch
PAN +0.07 +0.85% reveals the following key findings:
TIII +0.02 +3.92% VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITIinitiatives. We have,+21.97% CKX analyzed CLFD -0.09 -8.04% CLRO 0.17 -5.36% CN
+0.01 +0.35% CHMP +0.33 however, 11.01 unch additional data
DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03 -0.28% RAND +0.15 +4.17% RGDX -0.15 -1
ch TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unch TWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00% VII where available, and expect +0.09 +4.18% AFOP -0.01 these APSG -0.03 -1.00%
-0.05 -1.01% WVFC -0.01 -0.06% ACFN to factor many of -1.73%
00% COBH +0.58 +4.52% CSBK -0.21 -2.54% CY +0.31 +4.75% DBTK +0.31 +4.75% DEP -0.41 -2.86% EBS -1.01 -5.07% ENSG -0.22 -1.54% EXTR -0.17 -13.82% FORR -0.13 -0.78% HBE -0.05 -0.75% HMSY +0.19 +0.60
10% HTS -0.07 -0.32% INFI -0.09 -1.13% means no accountability. Despite the
■ No disclosure INSU -0.68 -5.39% ITWO -0.12 -1.68% JOSB +0.85 +4.20% KOPN -0.03 -1.91% LONG +0.18 +3.51% company ratings in future reports. -3.04% QCOR -0.12 -2.39
elements into LUFK -0.24 -0.86% MTXX -0.23 -1.37% PSEC -0.20
39% SCL -1.66 -6.43% SEAC 4.32 unch SHOR -0.37 -8.92% SIGM -0.91 -6.03% SNWL -0.29 -6. -82% SUPG +0.01 +0.63% TG -0.77 -5.07% TIVO -0.35 -5.38% TTEC -0.04 -0.46% WIRE -0.38 -2.23% ACTG -0.26 -10.40%
advancement of S&P 100 companies on sustainability
05% AREX -0.22 -4.45% ARL -0.11 -1.03% AZZ -0.16 -0.93% BCPC -0.49 -2.53% BHB -0.98 -5.16% BKMU -0.19 -2.62% CBZ -0.37 -5.60% CGNX -0.40 -4.02% CLRT -0.05 -2.98% CNU -0.02 -1.23% DFZ +0.17 +3.05%
67% WXH +0.15 +1.61% AHPI 0.07 -1.33% ALDA -0.05 -0.95% CSLR 5.00 unch CVV -0.16 -6.37% CYAN +0.00 +0.01% EWST -0.01 -0.10% FLL 0.09 -8.65% KSW -0.10 -4.69% LFT -0.15 -0.84% MVC +0.82 +12.85% P
CLN -0.03 -2.78% SNFCA -0.29 -14.26% SPAN +0.07 +0.85% for improved VSCP +0.09 +9.09% AIRT -0.22 -3.67% AMEN -0.15 -4.76% AWH -0.52 -1.55% BITI +0.01 +0.35%newly +0.33 +21.97% CKX 11.01 unch
reporting, additional room TIII +0.02 +3.92% diversity ■ The C-suite is still hard to reach. Thanks to CHMP required
04% CLRO 0.17 -5.36% CNAF 15.51 unch DIT +0.83 +3.76% FFDF 11.25 unch HIFN +0.01 +0.26% INHX 0.24 unch KIRK +0.08 +2.85% LBCP -0.15 -2.31% LKI -0.07 -5.04% NUHC -0.07 -4.46% OKN +0.02 +0.24% PW -0.03
disclosure remains. TAST -0.17 -5.82% TCX 0.36 unch TOFC 4.75 unchinTWER +0.02 +2.74% UBOH +0.04 +0.44% UNFY -0.20 -10.00%heard from aWVFC -0.01 of ACFN +0.09 +4.18
15 +4.17% RGDX -0.15 -15.00% SSE 5.75 unch Enhanced disclosure could come board diversity disclosures, we VII -0.05 -1.01% number -0.06%
73%
a variety of forms, including detailed information on companies regarding the importance of diversity in the
employee demographics and disaggregated data on boardroom. While we welcome the increased attention,
participation rates in workplace programs. we remain disheartened by the glacial pace at which
women and minorities are reaching the upper echelons
> Overall disclosure of diversity policies and programs of power. In fact, as the pipeline for corporate directors
is strong, as most companies openly discuss the continues to be dominated by those in the executive suite,
existence of policies and programs to advance our findings with respect to executive diversity indicate
women and minorities. Unfortunately, the majority that board diversity is unlikely to significantly increase
of companies are not transparent about the in the near future. Of the 100 CEOs represented, 92 are
6. 4 EXAMINING THE CRACKS IN THE CEILING: A SURVEY OF CORPORATE DIVERSITY PRACTICES OF THE S&P 100—OCTOBER 2010
Caucasian males. While women make up approximately mEthoDology
18% of director positions within the S&P 100, they
represent only 8.4% of the highest paid positions within We base our analysis and research on a number of
the same group of companies, positions that provide the public sources, including: company websites, SEC filings,
opportunities to develop the expertise and networks sustainability reports, and direct feedback from companies.
needed for future board-level appointments. We also use third-party sources such as Diversity Inc.,
Working Mother, and the Human Rights Campaign
■ Integration and innovation abound. Companies Foundation’s Corporate Equality Index. The intention of our
are moving towards fully integrating their diversity ratings is to present a company’s diversity performance as a
commitments throughout their organizations. We snapshot in time (June to August 2010). Our reliance on public
found 30% of companies include some oversight of disclosure of diversity practices prevents us from conveying
diversity issues at the board level and 34% of companies every nuance of a company’s particular approach to diversity,
include diversity measures within their compensation and our ratings should be reviewed with that in mind. After
plans. A number of companies have also expanded our initial research phase, we contacted all 100 companies
employee resource groups beyond focusing solely on one to provide them an opportunity to review our findings and
traditionally underrepresented group to being inclusive of update our research as needed. Of the 100 companies, 43
broader demographics thereby reaching new markets for responded with updates or verification, greatly increasing
both recruitment and business opportunities. the accuracy of our data and underscoring that top diversity
companies see their diversity ratings as a key strength and a
■ Corporate commitment remains the “X” factor. On competitive advantage.
average companies earning a perfect 10 in corporate
commitment also outperformed their peers on eight of the
nine other indicators. This remains a leading indicator of
performance and solidifies the importance of a dedication
to diversity from the very top of a company—the board of
directors and CEO.
While women make up approximately 18% of director positions
within the s&P 100, they represent only 8.4% of the highest paid
positions within the same group of companies, positions that
provide the opportunities to develop the expertise and networks
needed for future board-level appointments.
7. EXAMINING THE CRACKS IN THE CEILING: A SURVEY OF CORPORATE DIVERSITY PRACTICES OF THE S&P 100—OCTOBER 2010 5
How We Rate Companies separate points into an overall diversity rating. While we
maintained the same 10 indicators from our 2008 report,
Beginning in June 2010, we worked on updating the we did slightly adjust the grading scale as appropriate
diversity profiles of each of the S&P 100 companies. In for this benchmark of large cap companies. Finally, we
order to provide useful analysis based on our research, analyzed additional data points not currently factored
we assigned points to a company’s performance in each into the ratings but helpful in assessing overall diversity
of the 10 diversity indicators. We then compiled these commitments.
PoINTs
DIversITy INDICaTors PossIble
EQUAL EMPLOYMENT OPPORTUNITY (EEO) POLIcY
INDICATOR
1 Includes Sexual Orientation ................................................................................................................................................................................................ 5
Includes Sexual Orientation AND Gender Identity and/or Expression ....................................................................................................................... 10
INTERNAL DIvERsITY INITIATIvEs
INDICATOR
2 One or two elements: mandatory training, leadership development, mentoring, or Employee Resource Group (ERG) programs ...................... 5
Three or four elements: mandatory training, leadership development, mentoring, or ERG programs................................................................. 10
ExTERNAL DIvERsITY INITIATIvEs
INDICATOR
3 Evidence of Recruitment/Outreach OR Supplier Diversity programs.......................................................................................................................... 5
Evidence of Recruitment/Outreach AND Supplier Diversity programs....................................................................................................................... 10
scOPE Of DIvERsITY INITIATIvEs
INDICATOR
4 Specific reference to 1 or 2 LGBT, Disability, Race/Ethnicity, AND/OR Gender programs ....................................................................................... 5
Specific reference to 3 or 4 LGBT, Disability, Race/Ethnicity, AND/OR Gender programs ...................................................................................... 10
fAMILY-fRIENDLY BENEfITs
INDICATOR
5 One or two elements: Flex-time, Adoption Assistance, Dependent Care or Domestic Partner benefits ............................................................... 5
Three or four elements: Flex-time, Adoption Assistance, Dependent Care or Domestic Partner benefits ............................................................ 10
EEO-1 DIscLOsURE
INDICATOR
6 Companies with partial EEO-1 disclosure .......................................................................................................................................................................... 5
Companies with full EEO-1 disclosure ................................................................................................................................................................................ 10
HIgHEsT PAID ExEcUTIvEs
INDICATOR
7 One Woman OR Minority in Five Highest Paid Executives ............................................................................................................................................ 5
Two or more Women AND/OR Minorities in Five Highest Paid Executives ............................................................................................................... 10
BOARD REPREsENTATION
INDICATOR
8 One or two Women OR Minorities on Board of Directors ............................................................................................................................................. 5
Three or four Women AND/OR Minorities on Board of Directors ................................................................................................................................ 10
DIREcTOR sELEcTION cRITERIA
INDICATOR
9 General diversity language .................................................................................................................................................................................................. 5
Race AND/OR gender-specific diversity language........................................................................................................................................................... 10
OvERALL cORPORATE cOMMITMENT
INDICATOR
10 External recognition of an overall corporate commitment to diversity ..................................................................................................................... 5
Robust overall commitment to diversity, both internally and externally .................................................................................................................. 10
TOTAL POssIBLE.............................................................................................................................................................................................100