• Home
  • Business
  • Nestlé Moves to Increase Senior Executive Positions for Women
Image

Nestlé Moves to Increase Senior Executive Positions for Women

Nestlé has decided to lay out an action plan to increase the number of women in senior executive positions globally.

The firm explained in a statement that, the decision underscores their commitment to providing equal opportunities for everyone at the company; which therefore has made progress in recent years increasing the number of women in managerial positions.

It further explained, “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,”.

Nestlé Chief Executive Officer, Mark Schneider, said, “It is simply the right thing to do. 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 said it had embedded gender balance in all its Human Resources practices, saying that it was recently added to the 2019 Bloomberg Gender-Equality Index. “Nestlé is now building on this momentum and setting new goals to drive further action,” it added.

The Gender Balance Acceleration Plan includes supporting all managers to foster an inclusive workplace and ensuring that they are trained on unconscious bias, encouraging the use of Nestlé’s paid parental leave programme and flexible work policies in place in all Nestlé operating companies, enhancing mentoring and sponsorship programmes to prepare high-potential women for senior executive positions.

“The Nestlé Gender Balance Acceleration Plan strengthens our existing commitment to enhance gender balance in our workforce. We are confident that everyone, men and women, will play a key role in advancing gender equality and creating a better place to work,”  Béatrice Guillaume-Grabisch ,the  Executive Vice- President, Head of Group Human Resources and Business Services, quoted.

Others are hiring and promoting more women in senior executive positions, reviewing results with senior leaders to promote gender balance and ensure progress, continuing our efforts to champion equal pay and eliminate conditions that create gender pay gaps, reporting progress in Nestlé’s annual Creating Shared Value report.

Related Posts

Afreximbank, Heirs Energies seal $750m financing deal

The African Export-Import Bank (Afreximbank) and Heirs Energies Limited have sealed a landmark US$ 750 million financing partnership…

WIOCC secures $65m sustainability-linked financing to boost Africa’s digital infrastructure

WIOCC Group, Africa’s foremost open-access digital infrastructure provider, has successfully raised an additional $65 million in sustainability-linked debt…

PZ Cussons abandons Africa sell-off, bets big on Nigeria and continent’s growth

PZ Cussons Plc has dramatically reversed course, scrapping plans to divest its African subsidiaries and instead unveiling an…

Kenya overtakes Nigeria as Africa’s fastest-growing private-sector economy

Kenya has seized the crown as Africa’s fastest-expanding private-sector economy, ending Nigeria’s long dominance, according to the latest…

Leave a Reply

Your email address will not be published. Required fields are marked *