Our commitment to gender equality places us among the most advanced companies in the world in this regard for another year, according to the 2021 Bloomberg Gender-Equality Index.
At Santander, we are continuously working in favour of gender equality, with tangible objectives. Among these objectives are our commitments for 2025, which include eliminating any pay gap among our employees and increasing the presence of women in management positions to above 30%. In addition, as a responsible bank, we have various programmes to promote equality among our employees in the countries in which we operate.
We are among the leading companies of the 2021 Bloomberg Gender-Equality Index
All of this has given us high marks over the years on the Bloomberg Gender-Equality Index (BGEI), and to once again be among the world’s top ten companies in gender equity, the fifth among financial institutions, and the first among global banks. This is a milestone we are proud of, given that as many as 11,700 companies in 45 countries have been reviewed.
In addition, this year, we have also improved our score in the Female Leadership and Talent Pipeline categories, as well as in the three objectives established in 2019: inclusion, diversity and equality.
How have we achieved this?
In 2018, 20.5% of our employees held executive positions and 33% of the board were women. In addition, we had a 3% difference in gender pay equity. Just two years later, 23.7% of our employees hold executive positions; we have maintained the number of women on the board at 40%; and we continue to narrow the gender pay equity gap, which currently stands at 1%.
We owe all of this to our gender initiatives and programmes
This has been possible thanks to the equality measures, programmes and initiatives we have launched at Santander.
These initiatives include the launch of the first investment fund in Spain aimed at companies that drive equality the most, our adherence to the United Nations’ Women’s Empowerment Principles, and countless programmes to help accelerate the progress of women in society through innovative projects, such as “Generación 81” and “Santander Career Forward” in Spain, and “Accelerating You” in the United Kingdom, as well as those to promote women’s leadership in Poland, Portugal and Mexico, among many others.