Why are there so few women in senior roles?
EWSDGE at the Babcock AGM today
(30.07.2015) EWSDGE will be attending the Babcock AGM today. According to the Davies Review 2015, Babcock is currently in 79th place of the FTSE 100 companies with regard to female representation on their Board, with two females on its Board out of 13 members. This represents a 85-15 % male to female split. Your senior executive ratio is nearly 82% – 18 % (p. 78 Annual Report). ‘Why are there so few women in senior roles?’ Roxanne Manson said.
Roxanne Manson will ask the Chair of Babcock:
- What specific methods are you using in order to actively search for talented and of course meritorious females to enhance the diversity of your Board?
For example, the use of specialist recruitment firms that search out women with specialist knowledge of the industry, or special training within the company fast-tracking women for higher management roles; and
- Why are there so few women in senior roles compared to, for example, CHR (based in Ireland) – the third largest construction materials company in the world with 25% representation?
Initiated by the German Women Lawyers Association (djb), the project “European Women Shareholders Demand Gender Equality” was awarded a grant in 2014 by the European Commission (together with 16 other European projects) under the PROGRESS program. It is co-funded by the Federal Ministry for Family Affairs, Senior Citizens, Women and Youth (BMFSFJ), the Ministry for Justice and Equality of Saxony-Anhalt and the Finland Chamber of Commerce.
The project partners include, along with the djb, the four women lawyers organizations, European Women Lawyers Association (EWLA), EWLA Bulgaria, Association Française des femmes juristes, (AFFJ), Hungarian Women (Advocate) Lawyers Association, the Finland Chamber of Commerce and the University of West of England. The Ministry for Justice and Gender Equality of Saxony-Anhalt is hosting the closure event and the Magdeburg-Stendal University of Applied Sciences is responsible for evaluation.
The project connects with the German project “Women shareholders demand equality – Increase the number of women in management positions, especially on Supervisory Boards of German listed companies”, funded by the Federal Ministry for Family Affairs, Senior Citizens, Women and Youth (BMFSFJ) and continues throughout Europe. In the course of the German project from 2009 to 2013 djb members as well as other shareholders have attended 300 annual general meetings of listed companies exercising their information right. The answers from the Supervisory and Executive boards to all questions on women in management position in the companies have been analysed and published in four studies.