Catalyst CEO Champions For Change Advance Women In Leadership Despite Pandemic Challenges
PR93667
NEW YORK, Dec. 14, 2021 /PRNewswire=KYODO JBN/ --
Catalyst CEO Champions For Change (
) continue to advance women in their organizations at every level across the
leadership pipeline, particularly in the executive ranks—demonstrating their
commitment to doubling down on diversity, equity, and inclusion (DEI) in the
midst of a global pandemic and turbulent economy. According to the newly
released Prioritizing Equity at a Pivotal Moment: The Catalyst CEO Champions
For Change (
) report, women represent 27.9% of executives at Champion companies, compared
to 23% among their global peers.
Logo - https://mma.prnewswire.com/media/597751/Catalyst_C4C_Logo.jpg
These companies are led by more than 70 CEOs pledging to advance women across
ethnic and racial groups into leadership roles. For the first time since the
initiative was launched in 2017, a subset of Champion companies provided
metrics on promotions, revealing that in 2020, these companies promoted women
at nearly equal rates to men. In fact, the group promoted women at slightly
higher proportions than men into senior leadership positions.
"We applaud these CEOs and their organizations for their continued commitment
to diversity, equity, and inclusion (DEI) initiatives through the challenges of
the pandemic," said Catalyst President & CEO Lorraine Hariton. "It's critical
that we continue to develop the leadership pipeline for women, particularly
women of color, if we're going to see significant gains to build equitable and
inclusive workplaces for women."
The Champion companies also outpaced their peers in the Fortune 500 in women's
representation at the board of directors level at 32.2% compared to 26.5%.
Women identifying with underrepresented ethnic or racial groups accounted for
7.5% of board members at Champion companies, compared to 5.7% at Fortune 500
companies overall.
This is an inflection point in the history of the women's movement. Companies
can address the disadvantages women endured because of Covid-19 by developing
robust initiatives focusing on their re-entry, recruitment, advancement, and
retention. The report highlights actions companies can take, including:
--Pinpointing their organization's greatest areas of opportunity to advance
women, particularly women identifying with underrepresented ethnic or
racial groups.
--Creating customized solutions to foster equitable advancement, such as
flexible work options and sponsorship programs.
--Tracking and measuring progress against defined goals.
The Catalyst CEO Champions For Change companies represent more than 11 million
employees and over $3 trillion in revenue globally. Since global data
collection began in 2018, this group has continually outperformed their global
peers in the representation of women across the leadership pipeline.
Read the report (
), and learn more about Catalyst CEO Champions For Change at
catalyst.org/champions (
).
Watch the video (
).
Join the conversation: #CatalystForChange
About Catalyst
Catalyst (
) is a global nonprofit supported by many of the world's most powerful CEOs and
leading companies to help build workplaces that work for women. Founded in
1962, Catalyst drives change with preeminent thought leadership, actionable
solutions and a galvanized community of multinational corporations to
accelerate and advance women into leadership—because progress for women is
progress for everyone.
Media Contacts:
Naomi R. Patton
Vice President, Media & Public Relations
Catalyst
npatton@catalyst.org
Stephanie Wolf
US Communications Consultant
Catalyst
stephanie@stephaniewolfpr.com
SOURCE: Catalyst
本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。
このプレスリリースには、報道機関向けの情報があります。
プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。
