Co-Chairs call it “huge step forward for gender inclusion in the corporate world.”
New York, June 15, 2017 — Accenture (NYSE: ACN), a Fortune Global 500 company committed to the Paradigm for Parity® 5-Point Action Plan, announced a goal of achieving a gender-balanced workforce, with 50 percent women and 50 percent men, by 2025. This announcement builds on the company’s commitment to the Paradigm for Parity® coalition’s goal of achieving gender parity across leadership levels by 2030.
“We applaud Accenture for the company’s leadership in promoting gender inclusion company-wide. Research from across business sectors proves that companies with more gender diversity are more successful and we are pleased that Accenture is setting a high bar for the corporate world. We look forward to working with Accenture and all of the 51 Paradigm for Parity® companies that are committed to achieving gender parity in the corporate world,” said Jewelle Bickford, Ellen Kullman, and Sandra Beach Lin, the co-chairs of Paradigm for Parity®.
The Paradigm for Parity® coalition launched in December 2016 with a commitment from dozens of major companies to achieve gender parity in corporate leadership by 2030. The coalition was founded by a group of women with extensive experience in the corporate world who want to leverage their track records to help companies create a more gender diverse workforce. The group is led by Jewelle Bickford, Partner, Evercore Wealth Management, Ellen Kullman, former Chairman and CEO, DuPont and Sandra Beach Lin, retired CEO and President, Calisolar Inc.
When simultaneously implemented, the steps in the 5-Point Action Plan will catalyze change and enable substantial progress towards gender parity by 2030. The five steps are:
- Eliminating or minimizing unconscious bias in the workplace;
- Significantly increasing the number of women in senior operating roles, with the near-term goal of at least 30% representation in all leadership groups;
- Measuring targets and maintaining accountability by providing regular progress reports;
- Basing career progress on business results and performance, rather than physical presence in the office; and
- Providing sponsors, not just mentors, to women well positioned for long term success.
To assist companies in meeting the goal of gender parity by 2030, Paradigm for Parity® has developed a toolkit comprised of useful and practical actions a company can take, with a focus on better understanding the baseline, improving intake and managing with a diversity mindset.
Click here to see what other CEOs are saying about their commitment to achieving gender parity.