|
|
Corporate Diversity Policy
|
A core corporate value of Fannie Mae is to be a responsible corporate citizen, caring for the environment and the communities where we do business and encouraging diversity in our employee and supplier ranks.
At Fannie Mae we recognize, respect and appreciate the valuable and different perspectives that each of us bring to the work environment, our company and our customers.
|
Our goal is to break down barriers and create an environment that maximizes the contributions of all employees. Diversity includes, but is not limited to, race, gender, age, physical and mental abilities, lifestyles, culture, education, ideas and background. |
Workforce Diversity
At Fannie Mae, creating and maintaining a diverse workforce is a core value. We work hard at fostering an inclusive, friendly and welcoming work environment.
Over the last five years, we've steadily increased the percentage of woman and minorities who are part of the Fannie Mae team. And employee surveys show that our team members are satisfied and proud of what they do at Fannie Mae.
Fannie Mae Ranked Among Top 30 Companies By Working Woman
Magazine For Its Achievements in Increasing Supplier Diversity
WASHINGTON, DC -- Fannie Mae (FNM/NYSE), the nation's largest source
of financing for home mortgages, was recognized by Working Woman
Magazine as one of the nation's 30 companies with the best supplier
diversity track records. The magazine recognized companies that
spent a significant percentage of their purchasing dollars with
women- and minority-owned firms.
Fannie Mae ranked fourth on the magazine's inaugural list of 30
companies with the best track records for buying goods and services
from minority- and women-owned firms. The other companies ranked in
the top five on the list included, SBC, Xerox, Golden State Bancorp,
and Humana.
The magazine's analysis also looked at how well a company reached
out to diverse suppliers in the community and how well it promotes
supplier diversity internally. Fannie Mae's corporate services group
has long-standing guidelines requiring the company's discretionary
spending to include diverse firms.
"More than 21 percent of the company's discretionary spending in
2000 went to minority- and women-owned businesses, proof that Fannie
Mae's commitment to diversity extends to all areas of the
organization," said Barbara Lang, Fannie Mae's vice president of
Corporate Services. "We require minority contractors to be included
on all bids, where possible, and also encourage our majority
suppliers and customers to work with capable minority vendors."
Fannie Mae also is active in local organizations dedicated to
minority supplier development, showcases minority firms by hosting
forums at its headquarters where diverse suppliers can exhibit their
goods and services, and provides information to other companies on
how to increase their outreach to diverse suppliers through
twice-yearly Benchmarking Sessions that attract 50-60 external
companies interested in fostering best practices within their own
organizations. Fannie Mae also has been recognized by other groups,
including the Women's Business Enterprise National Council, as a
company that exhibits best practices in promoting supplier
diversity.
|