This fourth annual Diversity, Equity & Inclusion (DEI) Impact Review showcases the ways in which we at Johnson & Johnson advance, embed and promote equitable access and outcomes, a diverse workforce, and an inclusive culture.
We also highlight the connection between DEI and innovation and share examples of how the combination leads to benefits for our employees, patients, customers and communities. The DEI values and strategy underpin everything we do across our business segments and all the regions of the world in which we operate.
In this Review, we share examples of progress made in 2022, building on our commitment and action to make DEI how we work every day. Data about our workforce are reported annually in alignment with the gender, ethnicity and race information that is self-reported by employees in the U.S. and Puerto Rico and recorded in our HR Information Systems (HRIS). The data shared in this DEI Impact Review are sourced from our externally assured sustainability-related data in our Johnson & Johnson 2022 Health for Humanity Report, our primary source for Environmental, Social and Governance (ESG) disclosure, and our 2022 ESG Performance Data. Where data are replicated or referenced from our 2022 Health for Humanity Report or our 2022 Annual Report, we note this accordingly. Other information and data in this Review have been verified internally and aim to be a true representation of our DEI progress and actions.
Information relating to the financial performance of Johnson & Johnson and its subsidiaries, as well as the “Cautionary Note Regarding Forward-Looking Statements,” can be found in the Johnson & Johnson Annual Reports, available at www.jnj.com/about-jnj/corporate-reports.
In November 2021, the Company announced its intention to separate the Company’s Consumer Health business into a new, publicly traded company. In September 2022, Kenvue was announced as the name for the planned New Consumer Health Company. Kenvue was part of Johnson & Johnson for all of 2022 (the reporting period for this 2022 DEI Impact Review). Kenvue completed an initial public offering of 198,734,444 shares of its common stock on May 8th, 2023. As of the closing of the initial public offering, the Company owns approximately 89.6% of the total outstanding shares of Kenvue common stock. The Company remains on track to complete the separation in 2023, subject to market conditions. As we move into our new structure, we will continue to look for opportunities to prioritize and evolve our approach to DEI.
We welcome queries or comments on the content in this Review at DiversityandInclusion@its.jnj.com.
How We Define DEI
Diversity
Diversity is about each individual’s unique perspective. It’s about each of us, our colleagues and the world we care for—all backgrounds, abilities, beliefs and the entire range of human experience.
Equity
Equity is tailoring tools and resources to meet the unique needs of each individual and continuously improving our systems and processes, so everyone has the opportunity to reach their full potential.
Inclusion
Inclusion is creating a deep sense of belonging, where each individual is valued, ideas are openly shared and this culture is advanced for everyone.
