Slow progress shown on 2022 Gender Equality Global Report & Ranking, says Equileap
"2022 Gender Equality Global Report & Ranking", 3 Mar 2022
Equileap, the leading provider of gender equality data & insights globally, has published its fifth annual Gender Equality Global Report & Ranking. The milestone report provides a status update on gender equality in business globally, presenting the top 100 companies which score the highest as well as providing key insights per country, sector and on specific issues ranging from equal pay and female representation to all levels of the company to paid parental leave and anti-sexual harassment policies.
The research examined 3,895 companies, representing 102 million employees globally, on gender equality across 23 countries based on 19 in-depth criteria.
[The] [w]orst performing countries: Japan … Hong Kong … and the USA…
…We can, at least, celebrate that gender lens investing has become a USD 6 billion industry in five years, and that, despite Covid, gradual progress has been maintained every year across most metrics evaluated.
… [G]lobally, only 19 firms have managed to close their pay gap and only 18 have achieved gender balance at all levels….
…The “leaky pipeline” for women in financial services continued, with women starting approximately equal to men but dropping at every step towards seniority…
…A minority of 5% companies globally have a female CEO, 13% have a female CFO and 7% have a female chair of their board.
…Disparities between gender pay gap transparency between countries are huge: 92% of Spanish companies do publish gender pay data whereas 92% of US companies do not.
…2021 was the first year that more companies globally published an anti-sexual harassment policy (53%) than not (47%) - five years after #MeToo there is huge room for improvement.
…Australia, Canada, the UK and the US [offer] limited or no statutory paid parental leave.