November 27, 2021

Gender equality: the 5 large companies with the most feminized governing bodies

Management

, through Fabien Be

The top 5 of the most virtuous large companies in terms of professional equality between women and men was unveiled on Monday, October 25 during the Assises de equality economique et professional. The ministry responsible for equality between women and men welcomes the progress made, but according to him “efforts” remain to be made.

On the occasion of the Economic and Professional Equality Conference, the 8th Ranking for the feminization of the governing bodies of SBF 120 companies (the largest listed companies) was unveiled.

This ranking, carried out by the consultancy firm ConvictionsRH for the Ministry of Equality between Women and Men (1), verifies in particular the application of the Copé-Zimmermann law, adopted in 2011 and which imposes 40% of women in the boards of directors of companies.

The Top 5 of the Palmarès:

1 / Gecina

2/ Sodexo

3/ Mercialys

4 / La Française des Jeux

5 / Houses of the World

For the 5th consecutive year, the Gecina company retains 1st place in the ranking with a score of 91.55 / 100. The real estate company specializing in offices stands out “In particular by the presence of more than 40% of women in the authorities” dn the organizations studied by the Palmarès (Board of Directors, Executive Committees and Top 100), the government said in a press release.

The top of the ranking remains similar to previous years: Sodexo retains its second place, Mercialys goes from 4th to 3rd place, and Maisons du Monde remains in 5th position. On the other hand, L’Oréal fell to 6th place, while La Française des Jeux climbed to 4th place. She also won the Prix du “Best Equality Index”, with a score of 100/100 on the Global Index and 10/10 on the last indicator; namely the number of people of the under-represented sex in the 10 highest salaries.

In 6th place, therefore, L’Oréal won the Special Prize for “Better Parity” of the Top 100: thus, 51% of its top 100 positions were held by women in 2020.

“Efforts” by companies “to continue”

According to the ministry, the results of this 8th ranking “Confirm once again the impact of the Copé-Zimmermann law on the evolution of the feminization rate of boards of directors and supervisory boards, which climbed from 26.2% in 2013 to 45% in 2019, then to 45 , 5% in 2020 ”. The rate of feminization of executive committees has increased significantly, “Going from 8.4% in 2013 to 21.4% in 2019, then to 24.7% in 2020”. As for the presence of women in the Top 100, it jumped from 7.7% in 2013 to 26.2% in 2019 and 2020.

The bodies making up the boards of directors, namely the nomination and remuneration committees “Respect the principle of diversity”, indicates the government, with an average of 47% of women in the nomination committees and 48% in the remuneration committees. These two committees represent the most feminized bodies among those studied within the framework of the Palmarès.

This classification is established from “Quantified data transmitted by companies on a voluntary and declarative basis”. For this new edition, nearly 97% of the companies solicited participated in the data collection, against 95% in 2019. In its press release, the ministry welcomes this commitment, “Which confirms the growing attention of the largest companies in favor of professional equality.”

However, the government observes that “Efforts remain to be continued”, for the positions of general management and chairman of the board of directors. “Even if a slight increase is recorded between 2019 and 2020, only 12 women are general managers or chairmen of the management board (compared to 11 in 2019) and 11 women chairmen of the board of directors or supervisory boards (compared to 7 in 2019)”, he indicates.