Press Releases

Wells Fargo Named Winner of USHCC Annual ERG Summit & Corporate Challenge

WASHINGTON, DC–(Marketwired – November 10, 2016) – The United States Hispanic Chamber of Commerce (USHCC) has recognized Wells Fargo as the nation’s top Employee Resource Group (ERG) during the USHCC Seventh Annual ERG Summit and Corporate Challenge in Miami, FL.

The ERG Summit and Corporate Challenge brings together ERGs to share best practices and provide compelling results on the value of diversity in corporate America, making it a key component of the USHCC’s National Convention. ERGs serve as a critical asset to corporations in their efforts to inform corporate strategies, develop talent, expand consumer segments, and recruit the best and brightest employees.

AT&T, UPS, Shell and Southern California Edison were also finalists competing in the Corporate Challenge based on four key areas: career advancement of Hispanic professionals, alignment of ERG initiatives and corporate objectives, community involvement, and cultural advancement within the company.

“On behalf of our association, I am pleased to announce Wells Fargo as the winner of the 2016 ERG Corporate Challenge,” said USHCC President & CEO Javier Palomarez. “Wells Fargo believes diversity and inclusion isn’t just about counting heads, it’s about making heads count. By ensuring their company reflects the faces of the communities they wish to serve, Wells Fargo has proven that welcoming diversity is both the principled and profitable approach to conducting business today. That is why we are thrilled to recognize them as this year’s winner.”

Since the inaugural Summit and Corporate Challenge in 2010, a large number of America’s most iconic corporations have competed in this annual event that strives to improve diversity recruitment and retention, diversity in management, talent development, and help companies reaches a wider range of consumer segments.

About the USHCC

The USHCC actively promotes the economic growth and development of Hispanic entrepreneurs and represents the interests of 4.2 million Hispanic-owned businesses across the United States that together contribute in excess of $668 billion to the American economy each year. It also serves as the umbrella organization for more than 200 local Hispanic chambers and business associations in the United States and Puerto Rico. Follow us on Twitter @USHCC.

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