Ramsay Health Care is cementing its commitment to gender equality in senior leadership roles by pledging its support to a national campaign to increase the proportion of executive women across ASX200 companies.
Industry super fund HESTA’s 40:40 Vision seeks to achieve gender balance across senior leadership of all ASX200 companies by 2030. The gender balance goal is 40% women, 40% men and 20% any gender.
Ramsay Health Care’s Chief People Officer, Colleen Harris, said the organisation was thrilled to join 40:40 Vision to maintain its proud record of embracing diversity and promoting women into leadership roles.
“Globally, Ramsay Health Care is a significant employer of women, and we have long been committed to having strong female representation at all levels of the organisation,” Ms Harris said.
“In Australia, 59% of our facility CEOs are women and 60% of our regional executives are female. Providing a flexible, family-friendly environment for all employees is a vital way to achieve these targets and helps improve the wellbeing of our people.
“Ramsay is determined to provide a caring and inclusive culture where staff can develop and feel empowered. By supporting 40:40 Vision we hope to encourage other ASX200 companies to achieve gender equality, just as we have,” she said.
According to Chief Executive Women’s latest census on ASX200 senior executives, the number of women in leadership has flatlined, with just 30 companies having at least 40% women in executive leadership in 2020.
Research from Workplace Gender Equality Agency and the Bankwest Curtin Economics Centre shows an increase in the share of female ‘top-tier’ managers by 10 percentage points or more led to a 6.6% increase in the market value of ASX-listed companies.
Ramsay has long recognised the business and social importance of achieving gender diversity. Participating in the 40:40 Vision is a way of furthering this commitment and ensuring the company holds itself accountable to these targets.