The gender gap in organizations has narrowed over the past three decades, giving more effortless labor mobility worldwide. There has also been an 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, labor 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.
Diversity, equity, and inclusivity (DEI) are 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 expect more from brands than ever, and retailers must honor DEI. Understanding the brand, setting DEI commitments from the top, delivering on the pledges, recruiting from diverse pools, and creating a supportive environment can all contribute to DEI.
The Hershey Co (Hershey) manufactures and distributes chocolate and non-chocolate confectionery. The company markets its products under various brands including Hershey’s, Reese’s, Kisses, Jolly Rancher, Whozeewhatzit, and Ice Breakers.
In 2021, women represented 47.7% of Hershey’s total workforce, a decrease of 0.4 percentage points over 2020. Hershey had 37.7% women representation at the management level comprised of the executive management team, senior management, and middle management in 2021. The company had 42% women representation among its board members, and 22% women in its executive management team.
Hershey aims to achieve 40%–50% women representation across all employees globally and 30–40% people of color (POC) representation across the US employees. The company aims to ensure women comprise 50% of its overall workforce and 42% of its leadership by 2025.
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