PwC Report Says Net-Zero Goals at Risk from Lack of Gender Diversity in Industry

PwC Report Says Net-Zero Goals at Risk from Lack of Gender Diversity in Industry

 

“Data released by POWERful Women & PwC UK has demonstrated that the energy industry may be ill-equipped for its net-zero targets, in part due to a lack of gender diversity.

 

They argue that a lack of diverse talent within a company lowers their ability to innovate and meet the urgent challenges of the energy transition.

The 2021 annual board statistics show that the industry is lacking in gender diversity in its senior ranks, with year-on-year figures on female representation remaining alarmingly low.

Evidence shows that greater diversity and inclusion in decision-making teams produces better business outcomes. It has also been estimated that 400,000 people will need to be recruited into the workforce over the next 30 years to achieve the government’s 2050 net-zero target and that the UK energy sector needs to double in size.”

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