Navigation

EWSDGE is attending the Severn Trent AGM today

(15.07.2015) EWSDGE will be attending the Severn Trent AGM today. According to the Davies Review 2015, Severn Trent is currently in 31st place of the FTSE 100 companies with regard to female representation on their Board. It has two female Board members out of 8, including the Chief Executive. EWSDGE congratulates Severn Trent on over 50% of the Executive Commit-tee now comprising women. According to the Severn Trent Annual Report 2015, ‘Severn Trent is committed to increasing diversity at all levels of the company in all respects and not just gender’.

Professor Jones will ask the Chair of Severn Trent:

1. 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

2. Could you elaborate and make clear what you mean by merit in recruitment and how this relates to females in particular.

BACKGROUND

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 – In-crease 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 an-nual 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.

»Download Press Release«