Innovative and sustainable mobility solutions company BorgWarner has been recognised on Forbes' list of 'World's Top Female Friendly Companies' for its efforts to support women inside and outside the workplace.
The company ranked 103 out of 300 industry-leading honorees in the inaugural year of the award. Amongst the honorees, the company leads in the automotive industry segment.
In a press release, the company said that it had implemented several key programmes to support women including the Women in Leadership (WIL) programme and Women in Science and Engineering (WISE).
According to the company, the objective of the WIL programme is to give women the opportunity to come together collectively and share ideas with one another and to grow their female network, both within the company and externally. At the same time, WISE aims to support the personal and professional growth of female employees in STEM fields.
In addition to these implemented programmes, the company's top leadership team heavily emphasises the importance of DEI - Diversity, Equity, and Inclusion - across the company globally. As reported in the company's 2021 Sustainability Report, women in the company earned 98.7% of their male counterparts' compensation, while 22.2% of board members were women, 23.1% of strategy board members were women, and 14.6% of the company leaders were women.
Survey
The list, compiled by Statista, surveyed 85,000 women in 40 countries. All surveys were anonymous, allowing participants to share their opinions openly. Respondents were asked to rate their employers' performance on gender-related criteria and their willingness to recommend their employer to others. They were also asked to evaluate other employers in their respective industries. Additionally, Statista asked respondents to rate companies based on their corporate responsibility, marketing campaigns, and public perception regarding gender equality. The final list ranks the 300 companies that received the most recommendations and boast the most gender-diverse boards and executive ranks.
Felecia Pryor, Executive Vice President and Chief Human Resources Officer, BorgWarner, said, 'Through our diversity, equity and inclusion initiatives, we have made great strides in creating an environment that empowers and supports women, and we are honored to be a place where women feel valued and truly want to work.'