78% of major Energy companies have no women Executives on their boards: Why?

78% of major Energy companies have no women Executives on their boards: Why?

 

 

78% of major Energy companies have no women Executives on their boards: Why?

 

When reading the latest gender diversity statistics for the Energy sector, collated and published by PowerfulWomen, it was striking that the only real element of good news was the fact that the report had been commissioned and published in the first place.

It seems incredible that in 2020 of the top 80 UK energy companies, apparently 78% have no women Executives on their Boards. Of the same companies 28% have no women at all on their Boards in Executive or Non-Executive positions.

The gap between these two statistics is striking. Whilst it is good that increasingly companies are addressing the ‘gap’ by appointing women as non-executives, the day to day leadership and management of the majority of our major energy companies involves either none or a token woman. And many of the non-executive roles are being filled by women from outside the sector. It is not a good picture if you are trying to build your career in the sector as a woman. Lack of role models gives a clear message that it may be easier to seek your fortunes elsewhere.

Whilst the statistics look woeful, you can guarantee that the vast majority of these businesses have diversity as a key objective, internal women only networks, and are making all the right noises about improving the statistics. The men at the top of the organisation are nearly always committed to improving the balance and wondering why year after year the gap is not being materially narrowed.

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thibagar@energyinst.org