This is the 1581st most frequent Japanese word.
多様
Diverse; various.
Here, '多様性' is a noun form of '多様', meaning 'diversity', emphasizing the concept.
多様性を尊重することが重要です。
It is important to respect diversity.
In this sentence, '多様' is used nominally to express the variety in hobbies.
彼の趣味は非常に多様である。
His hobbies are very diverse.
The word '多様' is used as an adjective to describe '文化' (cultures), indicating their diversity.