In support of International Women's Day and the #BalanceforBetter theme, Refinitiv has analyzed the reporting of gender in the workplace. What do the five findings from our ESG database reveal about how women are represented in the corporate world?
- A Refinitiv report uses our ESG database to monitor gender in the workplace, including female representation at executive and board level.
- The ESG metrics show that the make up of STEM industry workforces is still a long way from representing the communities they serve.
- Refinitiv’s ESG tools, which include our Diversity & Inclusion Index, help investors to make sound, sustainable investment decisions.
International Women’s Day is a chance to reflect on gender in the workplace, the progress made and the work yet to be done.
At Refinitiv, we are supporting the #BalanceforBetter theme by analyzing our gender specific ESG metrics to highlight how women are represented in the corporate world.
With high levels of transparency in reporting gender in the workplace, is it all good news?
The highlights from the report include:
- There has been a steady six percentage point increase in companies reporting on female management composition in the last five years.*
- Globally, we are seeing more female representation at all levels.
- Concern remains around the available pool of diverse female executive candidates to sustain gender diversity at board level.
- EU member countries are leading the way in female board representation.
- The gender make up of STEM industry workforces is a long way from representing the communities they serve.
*Based on all companies in the ESG database with five years of historical data.
Investors looking into sustainable metrics to mitigate risk and identify opportunities in relation to gender diversity will feel optimistic with the transparency we are beginning to see across the globe into the reporting of social metrics.
Improvements need to be made to ensure gender parity in companies is more reflective of the population as a whole. However, investors have data available to validate the alignment of their investment strategies with the UN Sustainable Development Goal number 5. With the adage that diversity is good for business, how are you incorporating gender metrics into your investment decisions?
Our ESG data is designed to help incorporate sustainability into investment strategies and designed to help investors make sound, sustainable investment decisions.