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An ongoing quest for diversity and gender equity

13 March 2025
in Business
Reading Time: 4 mins read
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An ongoing quest for diversity and gender equity
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Women are actively transforming the world in various ways. For one, any of them are taking the lead in pushing their businesses further towards greater success. Beyond such pursuits, however, they are also spearheading and accelerating the attainment of more inclusive workspaces and society.

According to PwC’s Women in Work report, increased female workforce participation has contributed $4.5 billion annually to the GDP of the average member country of the Organization for Economic Co-operation and Development since 2011. If this progress continues, that figure could reach $15.1 billion per year by 2030. PwC also mentioned that the percentage of women chief executive officers (CEOs) in the Fortune 500 has more than doubled over the last ten years, rising from 4.6% in 2014 to 10.4% in 2024.

Similarly, McKinsey & Company’s Women in the Workplace 2024 report found that women now hold 29% of C-suite positions, up from 17% in 2015. The share of women in managerial positions rose from 37% in 2015 to 39% in 2024, while the proportion of senior managers and directors increased from 32% to 37% over the same period.

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