The gender gap in organizations has narrowed over the past three decades, giving more effortless labor 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, 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.
In 2021, LVMH, Associated British Foods, Reckitt Benckiser Group, Imperial Brands, and Henkel were the leading European FMCG companies for women representation.
LVMH Moet Hennessy Louis Vuitton SE (LVMH) is a manufacturer and marketer of luxury goods. In 2021, LVMH reported 71% of its total workforce were women. LVMH aims to achieve 50% women representation in its key Group positions by 2025.
Associated British Foods Plc (ABF) is a subsidiary of Wittington Investments Ltd, is a diversified food processing and retail group. In 2021, the company reported 53% women participation in the workforce, which remained the same over the previous year.
Reckitt Benckiser Group Plc (RB) is a manufacturer and distributor of personal care, household, specialty products, nutrition, toiletry, and health care products. In 2021, Reckitt Benckiser reported 44% women participation in its workforce. The company aims to have 50% women at all management levels by 2030.
Imperial Brands Plc (Imperial Brands) is a manufacturer, marketer, distributor, and seller of a wide range of tobacco and related products. In 2021, women represented 40% of Imperial Brands’ total workforce. Female employee numbers have decreased by 2 percentage points compared to 2020.
Henkel AG & Co KGaA (Henkel) is a manufacturer and marketer of consumer and industrial products. In 2021, Henkel reported 36.7% women participation in its workforce, an increase of 0.6 percentage points over 2020.
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