Swiss engineering and technology company ABB has launched a new diversity and inclusion strategy to double the proportion of female managers across the world by 2030.
With its ‘Global Diversity & Inclusion Strategy 2030’, the company aims to reach a 25 per cent share of women in leadership role from current 12.5 per cent.
“The target forms part of ABB’s broader ambition to foster inclusion and equality across all areas of diversity, including gender, abilities, generations, ethnicity, and LGBTQ+,” the engineering and technology firm said in the statement.
The company will offer employees inclusive leadership training and development programmes, mentoring programmes and learning interventions.
ABB CEO Bjorn Rosengren stated, “Building and fostering a culture of diversity and inclusion is a key priority for ABB and represents a foundation for innovation and better decision making.”
Headed by the European Round Table for Industry (ERT), of which CEO Rosengren is also a member, the initiative is designed to create an environment suitable to promote inclusion and diversity in the workplace.
The company has signed the Standards of Conduct for Business, Tackling Discrimination against Lesbian, Gay, Bisexual, Trans and Intersex People, put forth by the Office of the United Nations High Commissioner for Human Rights.
It has also collaborated with Europe’s largest LGBT rights organisation Stonewall.
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