Diversity, equity, and inclusivity (DEI) in an organization help bring unique perspectives and ideas to create more innovative, productive, and resilient enterprises. It also contributes to equality of opportunity and treatment in the workplace at all stages of the employment relationship, including recruitment, retention, promotion, remuneration, and access to training and skills development.
The gender gap in organizations has narrowed over the past three decades, giving easier labour mobility worldwide. There has also been increasing global awareness regarding the right to a dignified and respectful workplace irrespective of the sexual orientation and ethnicity of the employees, which promotes an open and inclusive workplace. However, labour market disruption due to the COVID-19 has had devastating consequences globally. According to International Labour Organization (ILO), women’s employment declined by 5% globally in 2020 compared with around 4% for men.
DEI is critical to the business performance of the consumer sector, which encompasses retailers and consumer-packaged goods manufacturers, since consumers want to buy goods that reflect their values, wants, and needs. Consumers are expecting more from brands than ever before, and retailers must honor DEI. Understanding the brand, setting DEI commitments from the top, delivering on the commitments, recruiting from diverse pools, and creating a supportive environment can all contribute to DEI.
Anheuser-Busch InBev (AB InBev) is a producer, distributor, and marketer of beer, alcoholic beverages, and soft drinks. AB InBev markets and sells these products under various international and local brands, including Budweiser, Aguila, Stella Artois, Beck’s, Leffe, Hoegaarden, Skol, Bud Light, Victoria, Harbin, Corona, Brahma, and Quilmes.
In 2021, the consumer goods company reported 21% women participation in the workforce, an increase of 1 percentage point over 2020. The company aims empower women by working to diversify its next generation of global leaders through the demographics of its Global Management Trainee (GMT) program and Global MBA (GMBA) program. The representation of women was 58% in AB InBev’s Global Management Trainee (GMT) Program in 2021.
In 2021, the representation of women at Anheuser-Busch InBev increased by 2 percentage points to 26% in the top five leadership levels and 14% in the top three leadership levels.
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