General Motors advances commitment to workplace inclusion
Coinciding with International Women's Day, General Motors (GM) - automotive manufacturer - has joined the Gender and Diversity KPI Alliance to further its commitments to workplace inclusion.
In signing into the initiative, the company pledges to use three key performance indicators (KPIs) to measure and improve diversity in the organisation.
What are the three KPIs GM will be using?
Developed based on the work of multiple advocates including the World Economic Forum International Business Council and the Global Reporting Initiative.
The three KPIs GM will be measuring include:
- Percentage of representation on the GM board
- Percentage of representation by employee category
- Pay equality, the ratio of compensation by employee category
“Diversity in all its dimensions — including thought and experience — creates a stronger workforce and promotes innovative thinking. We are proud to be leading equal representation at the board level and are excited for the day when female and diverse leadership at all levels is the norm,” commented Kristen Siemen, Vice President of Sustainable Workplaces, Chief Sustainability Officer, GM and Board of Advisors member, Catalyst.
“By committing to measuring diversity using these KPIs, corporate leaders are taking the steps necessary to drive change. These companies serve as role models for others, demonstrating that leadership and accountability start at the top,” added Lorraine Hariton, Co-Chair, GDKA and President and CEO, Catalyst.
GM: a history of advocating for gender equity
GM reports that it has long been a leader and advocate for gender equity in the workplace, receiving recognition for its commitment from Bloomberg’s Gender-Equality Index (GEI), Equileap and JUST 100.
The automotive manufacturer has been recognised as one of the 2021 World’s Most Ethical Companies by Ethisphere.com. GM received the recognition for “exemplifying and advancing corporate citizenship, transparency and standards of integrity.”
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