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Last update: 26/09/2024
Gender diversity in technology and science is key to social progress. That’s why at Santander we create and support programmes for the inclusion of women in STEM fields and are making headway with our pledge to promote gender equality in the job market.
Women in STEM. From basic education to a professional career
This Santander-backed study by ESADE Business School affirms that young women are less confident in subjects like maths. That’s why fewer young women are studying science- or technical-based subjects pre-university.
Not one university degree has gender parity in its lecture halls. What’s more, at the end of their undergraduate studies, women are 2.7% less likely to hold a STEM position. Only 9% of under 30s manage to get a job in a STEM field. The sectors with the lowest presence of women are construction and IT (18% and 23%, respectively).
According to the United Nations, women with a background in science, technology, engineering and maths (STEM) tend to have shorter, less well-paid careers than men. It also highlights that in cutting edge fields such as artificial intelligence, only one in five professionals (22%) is a woman.
To help reverse that trend, Santander runs several initiatives in the countries where we operate to attract talented women with a background in technology. Our local and international projects promote women’s careers in- and outside the Group, with a spotlight on digital skills.
Santander Digital Services’ talent attraction programme, Be Tech! with Santander, includes a special initiative called Women in Tech, which is now in its fourth year. A community of women employees of the Group, it aims to promote women leadership and champion their work in STEM fields.
That means boosting the visibility of women leaders and inspiring others through its annual “The Future of Women in Tech Summit” event and other actions.
Nonprofit organization Technovation Girls says that in Spain, women make up just 20% of the technology and science sectors, and only 4% of leadership positions are held by women. At Banco Santander, 30.1% of STEM roles are held by women.
What’s more, we teamed up with Technovation Girls to create the Santander Digital Girls Club for the daughters and female friends and relatives of our employees. It’s a programme that seeks to encourage young girls to study STEM subjects. Colleagues from our Technology and Operations division are mentoring the 200-plus participants that started the programme in January 2024.
of our board members are women
of our board members are women
Our commitment to equality in leadership
We believe that education is key to boosting women leadership. That’s why every year we add new programmes and enhance others that are already a leading light, such as Santander Course | SW50 Leadership Programme.
Our work on gender equality saw us feature in the 2023 Bloomberg Gender-Equality Index, which recognizes excellence in, and commitment to, equality.
