Northwestern Mutual among best companies for diversity

Insurer recognized by Forbes for seventh straight year

By Ryan Smith

Apr 28, 2023 Share

Northwestern Mutual has been selected by Forbes as one of America’s best employers for diversity for the seventh consecutive year.

The recognition was based on a national survey of employees, who rated companies based on their diversity-related practices.

“Northwestern Mutual not only values diversity, but fuels it in the work we do each day,” said Amy Hanneman, vice president of diversity and inclusion at Northwestern Mutual. “This latest distinction from Forbes is further evidence that we remain not just a destination for talent, but a company where all employees can grow, contribute and thrive. We appreciate this recognition as we continue our journey for an even more equitable and inclusive workplace.”

Northwestern Mutual’s commitment to diversity includes its eight employee resource groups, eight diversity and inclusion business councils, multi-year inclusion strategies such as the company’s Women’s Initiative and Sustained Action for Racial Equality task force, and a $100 million impact investing fund, the company said.

Read next: Northwestern Mutual announces record dividend payout

Northwestern Mutual’s focus on diversity and inclusion has allowed it to achieve its highest levels of women and people of color, particularly in leadership, in its history, the company said.

Northwestern Mutual has been recognized with multiple awards for its diversity and inclusion efforts. Past recognition includes:

  • Equal Opportunity Magazine’s Top 50 Employers (2023)
  • Four consecutive perfect scores on the Disability Equality Index (2019-2022)
  • Eight consecutive perfect scores on the Human Rights Campaign’s Corporate Equality Index (2015-2022)
  • National Business Inclusion Consortium Top 50 Best of the Best Corporations for Inclusion (2022)
  • Military Friendly Award (2021-2022)
  • Top 50 Company for Multicultural Women in Leadership (2021)
  • Seven employee resource groups ranked in the top 25 nationally by the Association of ERGs & Councils (2021)
  • Diversity Best Practices Top 100 Companies for Diversity

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Related Stories

  • Northwestern Mutual earns perfect score on Disability Equality Index
  • Northwestern Mutual pledges $20 million to fund female-founded start-ups
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