Nestlé, the largest food company in the world, has laid out an action plan to increase the number of women in senior executive positions globally.
The company has made progress in recent years increasing the number of women in managerial positions. Today, 43 per cent of these roles are held by women. With its Gender Balance Acceleration Plan, Nestlé will now put further emphasis on increasing the proportion of women in the group’s top 200 senior executive positions from around 20 per cent currently to 30 per cent by 2022.
“It is simply the right thing to do,” said Mark Schneider, Nestlé CEO. “We believe that a more diverse workforce with more women at the top will reinforce our inclusive culture and make Nestlé an even better company. We are setting measurable goals to hold ourselves accountable. We know that improving gender balance will lead to better decisions, stronger innovation and higher employee satisfaction.”
Nestlé has embedded gender balance in all its Human Resources practices. The company was recently included in the 2019 Bloomberg Gender-Equality Index (GEI). Nestlé is now building on this momentum and setting new goals to drive further action.
The Gender Balance Acceleration Plan includes encouraging the use of Nestlé’s paid parental leave programme, enhancing mentoring and sponsorship programs to prepare high-potential women for senior executive positions, and championing equal pay and eliminating conditions that create gender pay gaps.
“The Nestlé Gender Balance Acceleration Plan strengthens our existing commitment to enhance gender balance in our workforce,” said Béatrice Guillaume-Grabisch, Executive Vice President, Head of Group Human Resources and Business Services. “We are confident that everyone, men and women, will play a key role in advancing gender equality and creating a better place to work.”