L’Oréal USA is Named No. 1

July 21, 2022 (Washington, DC)—Seramount, part of EAB, has revealed the 2022 Best Companies for Multicultural Women today. This honor recognizes companies that create and use best practices in hiring, retaining and promoting multicultural women in the United States. The full list can be found here.  

Since 2003, Seramount’s Best Companies for Multicultural Women has tracked corporations’ progress in creating cultures that encourage multicultural women to join and rise through the ranks. Because of the large number of qualified companies, Seramount has increased the number on this list to 80 this year (from 75 last year).

This year, the survey continued to assess progress for women by specific racial/ethnic group as well as factors influencing that progress, including mental-health and anti-racism progress and mentoring and sponsorship participation.

The Top 10 Companies

The Top 10 Companies are as follows (in alphabetical order): Abbott, Accenture, ADP, CVS Health, Ernst & Young LLP, Johnson & Johnson, L’Oréal USA, Moody’s, New York Life, and Verizon.

The 2022 Seramount report finds that there has been significant progress:

The progress at the managerial levels can be attributed to upticks in programs and policies in recognizing ERG leadership, formal sponsorship, succession planning, and accountability:

Best Companies Workforce Composition

The 2022 Best Companies for Multicultural Women employ about 2 million people at 37,000 work sites in every state across 16 industries: chemical, consumer products, financial or property and casualty insurance, financial services, health insurance, hospitality, hospitals/health care, legal, manufacturing, nonprofit/not-for-profit, pharmaceuticals, professional services/management consulting/accounting, retail and apparel, science/technology/engineering/aerospace/medical devices, telecommunications, and utilities.


The Best Companies for Multicultural Women application includes more than 500 questions on representation; hiring, attrition, and promotion rates; recruitment, retention, and advancement programs; and company culture. Our scoring algorithm is based on the previous year’s benchmark results, which then determine the winners.

About Seramount

Seramount, now part of EAB, is a strategic professional services and research firm dedicated to advancing diversity, equity, and inclusion in the workplace. Over four decades, partnering with more than 450 of the most iconic companies in the world, we’ve built a deep, data-driven understanding of the employee experience, which lays the groundwork for everything we do. We meet each partner’s needs no matter where they are on their journey and guide them along an ever-changing talent landscape. Learn more at

Press Contact

Stefanie McNamara
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