Catalyst Names Georgia-Pacific Corporation and Sidley Austin Brown & Wood LLP Winners of Catalyst Award for Outstanding Initiatives to Advance Women
Anne M. Mulcahy, Chairman & CEO of Xerox Corporation, to Chair 30th Annual Gala Dinner on March 24, 2005
NEW YORK, Jan. 27 /PRNewswire/ -- Catalyst today announced that it has named Georgia-Pacific Corporation (NYSE: GP) and Sidley Austin Brown & Wood LLP recipients of the 2005 Catalyst Award. Catalyst annually honors strategic business initiatives that result in the recruitment, development, and advancement of women.
"Each year, Catalyst celebrates outstanding initiatives of forward-looking companies and firms that expand opportunities for women in the workplace," said Catalyst President Ilene H. Lang. "This year's Award winners provide the business community with superb examples which demonstrate that building more inclusive work environments is good for both women and business."
Georgia-Pacific's initiative, Bridging Cultures, Leveraging Differences, was implemented following a major acquisition that evolved the corporation's business plan into a more consumer and customer-focused strategy. The acquisition launched a rigorous plan designed to bridge the knowledge and talents of a diverse workforce and increase the representation of women in the pipeline and at senior levels. Through a set of four distinct mechanisms -- communicating a solid business case for diversity; creating the diversity-of-thought concept; establishing a network of individuals and teams that support the initiative; and designing a set of accountability mechanisms that ensure all employees receive the developmental and promotional opportunities they deserve -- Georgia-Pacific has increased the number of women at the Executive Vice President level from 9 percent to 29 percent. Additionally, representation of women at the President/Vice President level increased from 11 percent to 17 percent, and at the Senior Director/Director/Controller level from 22 percent to 30 percent.
Sidley Austin Brown & Wood's Strategies for Success: An Ongoing Commitment to Diversity is part of a sustained effort to create an inclusive environment that recruits, develops, advances, and retains women at the firm. Sidley's initiative, supported by a strong commitment from senior leadership, was designed to bring diverse talent into the firm and promote women to partnership and positions of authority. Through innovative programs and policies -- including a formal accountability mechanism in which Sidley partners are required to annually account for their personal efforts to improve the diversity of the firm -- Sidley has increased its women lawyers promoted to partnership to 43 percent in 2004, up from 22 percent in 2002. In 2004, almost 18 percent of the total partnership was comprised of women, and one-third of the firm's women partners currently hold positions as firm-wide or office committee chairs or co-chairs.
The Award-winning companies will present an in-depth discussion of their initiatives at Catalyst's full-day conference at the Grand Hyatt in New York City on March 24, 2005. Later that evening, Anne M. Mulcahy, Chairman & CEO of Xerox Corporation, will chair the 30th Annual Catalyst Awards Dinner at the Waldorf Astoria, which will honor this year's Award winners. The Dinner attracts more than 175 companies and more than 50 Fortune 500 CEOs.
About the Catalyst Award
Since 1987, Catalyst has annually honored outstanding initiatives and efforts of companies and firms that result in women's career development and advancement. Catalyst accepts applications from private and public companies and professional services firms. Each initiative is evaluated against the following criteria: measurable results, business rationale, senior-level leadership, accountability, communication of initiative, ability to replicate and sustain the initiative, and originality. Initiatives need not focus exclusively on women, but results must demonstrate that the initiative supports women's advancement, including that of women of color. For more information about Catalyst and the Catalyst Award application process, please visit www.catalystwomen.org.
Previous Catalyst Award Winners (1987-2004):
|Accenture||Deloitte & Touche LLP||Marriott International Inc.|
|The Allstate Corporation||The Dow Chemical Company||McDonald's Corporation|
|American Airlines||E.I. du Pont de Nemours and Company||Mobil Corporation|
|The American Business Collaboration for Quality Dependent Care||Eastman Kodak Company||Morrison & Foerster|
|The Equitable Financial Companies||Motorola||Arthur Andersen & Co., S.C.|
|Ernst & Young LLP||The Northern Trust Company||American Express|
|Fannie Mae||Pitney Bowes Inc.||Avon Mexico|
|Gannett Co., Inc.||The Procter & Gamble Company||Avon Products, Inc.|
|General Electric||Sara Lee Corporation||Bank of Montreal|
|General Mills, Inc.||SC Johnson Wax||Baxter Healthcare Corp.|
|Harley-Davidson||Shell Oil Company||Bayer Corporation|
|Hewlett-Packard Company||TD Bank Financial Group||Charles Schwab & Company|
|Hoechst Celanese Corporation||Tenneco Inc.||Con Edison|
|IBM||Texas Instruments||Connecticut Consortium for Child Care|
|J. C. Penney Company, Inc.||US Sprint Communications Company||Continental Insurance|
|John Hancock Financial Services||U S West, Inc.||Corning Glass Works Inc.|
|J.P. Morgan Chase & Co.||WellPoint Healthnetworks||Corning Incorporated|
Catalyst is the leading research and advisory organization working with businesses and the professions to build inclusive environments and expand opportunities for women at work. As an independent, nonprofit membership organization, Catalyst uses a solutions-oriented approach that has earned the confidence of business leaders around the world. Catalyst conducts research on all aspects of women's career advancement and provides strategic consulting services on a global basis to help companies and firms advance women and build inclusive environments. In addition, we honor exemplary business initiatives that promote women's leadership with our annual Catalyst Award. With offices in New York City, San Jose, California, and Toronto, Catalyst is consistently ranked No. 1 among U.S. nonprofits focused on women's issues by The American Institute of Philanthropy. For more information, please visit www.catalystwomen.org .
About Georgia-Pacific Corporation
Headquartered at Atlanta, Georgia-Pacific is one of the world's leading manufacturers and marketers of tissue, packaging, paper, building products, and related chemicals. Its familiar consumer tissue brands include Quilted Northern(R), Angel Soft(R), Brawny(R), Sparkle(R), Soft 'n Gentle(R), Mardi Gras(R), So-Dri(R), Green Forest(R), and Vanity Fair(R), as well as the Dixie(R) brand of disposable cups, plates, and cutlery. Georgia-Pacific's building products manufacturing business has long been among the nation's leading suppliers of building products to lumber and building materials dealers and large do-it-yourself warehouse retailers. For more information, please visit http://www.gp.com .
About Sidley Austin Brown & Wood LLP
Sidley Austin Brown & Wood LLP is one of the world's largest full-service law firms, with more than 1,550 lawyers practicing in 14 domestic and international cities. The firm represents a broad range of clients.
Sidley was named the Number One-Ranked U.S. Law Firm for Overall Client Service in 2003 and 2004 in surveys of Fortune 1000 corporate executives by BTI, a Boston-based consulting and research firm. BTI recently named three Sidley attorneys to its All-Star Team of lawyers in recognition of superior client service. For more information, please visit http://www.sidley.com .
CONTACT: Susan Nierenberg of Catalyst, 212-514-7600, ext. 333
Robin Keegan of the Georgia-Pacific Corporation, 404-652-4713
Janet Zagorin of Sidley Austin Brown & Wood, 212-839-8797