Global companies make progress on gender equality, but only 8% have women as CEOs, index finds

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A Bloomberg survey also shows that only 24% hold executive positions in a universe of 485 publicly traded companies. Global companies make progress in gender equality, but only 8% have women as CEOs, points out Mimi Thian/Unsplash index Global companies have advanced in gender equality policies, but women remain a notable minority in leadership positions. That’s what Bloomberg’s 2023 Gender Equality Index (GEI) shows, released this Tuesday (31). The index gathers information from 485 publicly traded companies (with shares on stock exchanges), among 600 that voluntarily responded to a questionnaire. Together, the companies headquartered in 45 countries have a market value of around US$ 16 trillion. There are eleven sectors and 54 industries on this year’s list. ALSO READ: Who is Gautam Adani, Indian tycoon who lost BRL 42 billion in one day Where does Leila Pereira, billionaire president of Palmeiras’ fortune come from? Brazil creates 2.03 million formal jobs in 2022, 26% less than in the year previous Despite the survey pointing out that “companies are acting towards equality of representation and parity”, the numbers show that there is a long road ahead. Among the 485 companies in the index, only 8% have women in the position of CEO (Chief Executive Officer). The survey also shows that: 24% hold executive positions; 30% are senior managers; 38% are managers; 50% occupy positions that require less experience. On the other hand, more women are being hired than women are being withdrawn. The percentage of female hires among companies is 41%, while the rate of women among new hires is 47%. Still in relation to companies: 71% said they had carried out an audit for equal pay; 60% publicly released statistics on gender differences in compensation; 62% offer day care or other financial support; 86% of female employees remained with the company on maternity leave. Initial plugin text The disclosure of data by companies was 11% higher than the last edition of the GEI, according to Bloomberg. “The quest for equity is evident with the continued rise in global corporate participation,” says Peter T.Grauer, chairman of Bloomberg. “The Gender Equality Index remains an important resource for companies to identify any gaps and take action to further reshape the future of work.” The results show that companies led by women have greater female representation at all levels, says the report. Brazilian companies The number of Brazilian companies in the index increased from 13, in 2022, to 16 in this year’s edition, including health technology companies, banks, petrochemicals, gas, energy and telephone companies.

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