According to research cited in the UN HeforShe campaign, we probably won’t achieve gender equality in the workplace until 2095, literally a lifetime away. We want to achieve that sooner, both by striving to become a premier company for women in the information services industry, and by driving change on women’s rights issues outside our walls.
Women’s advancement: A key priority
Our talent and diversity strategy — which focuses on creating a more inclusive workplace and on hiring, retaining and developing diverse talent — makes women’s advancement a key priority for Thomson Reuters.
Guided by the work of our Women’s Advisory Taskforce, we have established several formal talent and development programs to support and cultivate women leaders at our organization, including one which focuses specifically on increasing the number of women technologists we employ.
And our efforts are paying off. Diversity metrics are improving and trending in a positive direction. At the end of 2015, women represented 29% of senior executives across Thomson Reuters — up from 24.5% in 2012. Representation at the director and vice-president levels has also increased, from 28% in 2012 to 31% in 2015.
Furthermore, our Women @ Thomson Reuters network of 48 chapters around the world boasts more than 4,000 members and provides professional and personal development activities, including community-focused events.
Promoting corporate board diversity
As studies consistently show that companies with at least one female executive board member outperform those with male-only boards, Thomson Reuters is taking steps to ensure diversity on our own board and promote corporate board diversity in general.
One way we’re doing this is by being involved with the 30% Club, a business-led effort launched in the U.K. in 2010 that works to help accelerate progress towards better gender balance in the workplace, with a particular focus on increasing women’s representation on corporate boards to at least 30%.
Leading on issues – Women at work
As part of its work to draw attention to the critical issues women face around the world, our Thomson Reuters Foundation partnered with The Rockefeller Foundation on the groundbreaking “Women at Work” poll. The goal was to look beyond the usual statistics about women in the workforce — such as participation rates, qualifications and salaries — and find out the key issues they face at work. The research revealed these top five issues:
- Work-life balance
- Equal pay
- Career opportunities
- Children and career
CEO of the Thomson Reuters Foundation Monique Villa and Dr. Judith Rodin, President of The Rockefeller Foundation called on leaders and lawmakers to dedicate resources to make change:
“When women and men are given the same opportunities to make progress through their work, society wins as a whole. Let’s fill the gap between expectations and reality by showing that workplace equality is both possible and a priority, and ensure that women are fully empowered to press for change and unleash their potential.”
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