Diageo named top employer for gender equality
Diageo has been named at the top of a new in-depth report by research agency Equileap, making it the number one company globally for gender equality. The drinks giant saw off more than 3,000 other companies in 19 criteria including gender balance, pay gap, parental leave and more.
1 October 2019 | 0
Diageo has been ranked as the number one business globally for gender equality in the Equileap 2019 Global Gender Equality Report. Diageo has improved its global ranking from 11th in the 2018 Equileap report, and is ranked as the number one business in the UK for gender equality for the second year in a row.
The Equileap report is an in-depth, cross-sector analysis of gender equality in 3,519 companies in 23 developed economies, representing 98 million employees. Equileap ranks businesses based on 19 gender equality criteria, including gender balance across the workforce, the gender pay gap, paid parental leave and anti-sexual harassment policies.
Acknowledgements of Diageo’s actions in the report include:
- The work the company has done to achieve gender balance at the most senior levels of the organisation. Currently 44% of Diageo’s board are women, with an objective for a senior leadership team of 40% women by 2025.
- Diageo’s global parental leave policy which offers female employees in all markets a minimum of 26 weeks of fully paid maternity leave. Diageo has also set a global minimum standard of four weeks’ paternity leave on full rate of pay in all markets, with a significant number of Diageo’s businesses moving to 26 weeks fully paid paternity leave.
- Diageo’s signatory of the United Nations’ Women’s Empowerment Principles, committing to seven values-led approaches to support women in the workplace, marketplace and community.
Ivan Menezes, chief executive of Diageo said he is proud of the company’s work in driving an inclusive culture and diverse employee base. “Our aim is to create a culture that ensures all our people thrive,” Menezes said, “as well as shaping market-leading policies and practices. But there is much more to do and we are committed to championing diversity, to make Diageo stronger and to have a positive impact on society.”
Meanwhile, Diageo has revealed it aims to champion gender equality through its branding and advertising. A new framework for “progressive gender portrayal in advertising” has been implemented in more than 1,000 markets around the world.