Wednesday, March 31, 2010
Business failing to close the corporate Gender Gap
* The World Economic Forum’s Corporate Gender Gap Report 2010 found that the world’s biggest employers are losing out on female talent
* A survey of 600 leading companies across 16 industries in 20 countries explored women’s participation in business and companies’ adherence to gender equality policies
* The survey dimensions are a tool for business to assess performance and implement gender equality policies
Leading companies are failing to capitalize on the talents of women in the workforce, according to the World Economic Forum’s Corporate Gender Gap Report 2010. It is the first study to cover the world’s largest employers in 20 countries and benchmark them against the gender equality policies that most companies should have in place but are, in fact, widely missing.
“The findings of The Corporate Gender Gap Report are an alarm bell on International Women’s Day that the corporate world is not doing enough to achieve gender equality. While a certain set of companies in Scandinavia, the US and the UK are indeed leaders in integrating women, the idea that most corporations have become gender-balanced or women-friendly is still a myth. With this study, we are giving businesses a one-stop guide on what they need to do to close the corporate gender gap,” said Saadia Zahidi, Co-author of the report and head of the Forum’s Women Leaders and Gender Parity Programme.
See full Press Release.