08 Oct The top 20 companies for gender equality
Diageo and WWP were among the top 20 UK companies for gender equality according to new research from the social enterprise group, Equileap.
The study highlighted the Top 200 global employers for obtaining gender equality. Although several UK firms appeared within the Top 20, they were not among the top three ranking countries.
US-based General Motors, French-based L’Oreal and Kering secured the top three spots as the best international employers for gender equality. The top 20 list can be seen here:
Diana van Maasdijk, CEO at Equileap, says that they have seen numerous organisations strive towards improved gender equality in the last 12 months.
“There is a long way to go until we reach the goal of true global equality in the workplace for everyone. We need to celebrate these 200 companies leading the way.”
“They really are setting a blue print for others to follow. However, more businesses should view providing equal opportunities to all employees as an essential part of their work and a business advantage that can lead to higher financial returns and lower volatility; it’s not just a tick box exercise.”
The report showed that Norway has the highest proportion of companies reaching the Top 200 Ranking at 43%, closely followed by Israel (40%), Belgium (38%), Australia (36%) and the Netherlands (33%).
Communications, Financial and Utilities were revealed as the top performing sectors for gender equality in this year’s report.
Furthermore, the list found the top 200 companies had a higher number of women on their boards when compared to the average.
And, it seems that there has been an overall improvement in the scores of companies reaching Equileap’s Top 200 since last year. The results revealed that the best companies in this year’s report have increased their scores by eight per cent from 63% to 71%
Van Maasdijk explains that true gender equality isn’t just about pay and representation of women on boards. “It’s a far more complex issue. This is why our research looks at 19 different factors including benefits such as shared parental leave. We want to see a level playing field for every employee, not just women.”
28 companies in the Top 200 have provided data to show they have no overall gender pay gap, with the highest proportion of firms with no gap in the UK (40%). These employers included retail giant Ocado, Royal Mail and Rentokil Initial.