ESG Insider: Women in Leadership — the long road to gender parity
S&P Global Sustainable1
Your Single Source of Essential Sustainability Intelligence
Diversity in leadership has received rising attention in recent years from stakeholders in the sustainability world. Investors have pushed for diversity on company boards and management teams, and in some parts of the world, that push has been reflected in new laws and regulations. But the number of women in top roles remains low.
Out of more than 5,400 companies assessed in the latest S&P Global Corporate Sustainability Assessment, only 4.4% had a woman CEO, according to a?new analysis?published for International Women’s Day. The data also shows that the number of women in management has ticked up only slowly since the COVID-19 pandemic, something that could restrain the pool of future women CEO candidates. Few companies offer employee support programs such as childcare facilities or paid parental leave beyond legal minimums, factors that could impact women’s career development, according to the S&P Global analysis.
To mark International Women’s Day on March 8 and Women’s History Month in March, we’re also bringing you a special series of the?ESG Insider podcast?focused on women in leadership. We’ll be speaking to women CEOs and executives from across industries and around the globe over the coming weeks.
Also in this week’s newsletter, mining executives at the CERAWeek conference describe the urgent need for greater copper supply to fuel the energy transition. And we explore the latest developments for the U.S. Inflation Reduction Act, which included billions of dollars toward energy conservation.
Chart of the Week
At CERAWeek, mining executives warn of copper shortage
Copper and other metals crucial to energy transition technologies will likely be in short supply, mining executives forecast. The sector would need to double its copper production to meet the goals of the Paris Agreement on climate change, they said at the CERAWeek energy conference in Houston.
Climate funding, carbon credit market prospects in play with US farm bill?
Republican lawmakers, who control the U.S. House of Representatives, could try to redirect billions of dollars for energy conservation approved through the Inflation Reduction Act.
Congress votes to overturn Biden retirement rule that reinstates ESG option??
U.S. President Joe Biden is expected to veto a Republican-led vote that would overturn a new Department of Labor rule that gives fiduciaries of retirement plans the ability to consider ESG risks as they make investment and proxy voting decisions.
INTERVIEW: Carbon market flaws must be fixed, not an excuse to discard entire system: Shell?
Flaws in the global carbon market must be fixed to help it evolve, instead of being used as an excuse to discard the entire system that is helping companies achieve net-zero emissions, a Shell executive tells S&P Global Commodity Insights.
ESG Insider Podcast
In our first interview for ESG Insider’s special podcast series on women in leadership, we speak to?Hilde Aasheim, CEO of Norsk Hydro, a large Norwegian aluminum and energy producer. She explains her career path to the C-suite, and how she approaches diversity, equity and inclusion in her role. In our second interview of the series, we interview?Alison Whritenour, CEO of Seventh Generation, a U.S. producer of eco-friendly cleaning, paper and personal care products. Her decisions along her career path are based on connecting the things that she personally cares about with her day-to-day work, she told us..
领英推荐
Listen to the interview with Norsk Hydro CEO Hilde Aasheim on?Spotify?or?Apple Podcasts
Listen to the interview with Seventh Generation CEO Alison Whritenour on?Spotify?or?Apple Podcasts
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Corporate Sustainability/ESG Consultant, Professor Associado na FDC - Funda??o Dom Cabral, Advisor Professor at FDC
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