International Women’s Day (IWD) is this Sunday, March 8. It is a globally observed day honoring the social, economic, cultural, and political achievements of women everywhere.
For Western Union, it is an opportunity to celebrate women at all levels of our organization who have dared to change the game – we call them ‘game changers.’ They bring innovation, agility, and creativity to their teams every day. This week, Western Union is launching a three-month campaign celebrating women and the power of empowering others.
We have much to celebrate. This year, Western Union was included on the Bloomberg Gender Equality Index for the first time. This global index is considered the gold standard for companies around the world to publicly demonstrate their commitment to equality and advancing women in the workplace. This recognition would not have been possible without the years of work and commitment that preceded it. Some examples of this important work:
51% of Western Union’s workforce and 52% of our customers are women.
- We established a goal increase our representation of women at the director level and above to 40% by the end of 2020. We have made measurable progress against that target, reaching 35% in 2019.
- Nearly 40% of our Executive Team is comprised of women, born in different countries.
- Our 11-member Board of Directors includes three women, with half of our Board committees chaired by women.
The tireless work of the Western Union Foundation’s support of organizations empowering women through education around the globe – 60% of WUF beneficiaries are women and 75% of WUF scholarship recipients are women.
While we are proud of this success, we recognize there is more work to be done. Our commitment remains to raise the number of leadership positions held by women, institute more family-friendly policies, and create an even more inclusive workplace.
We know that diverse perspectives and experiences bring innovation, agility, and creativity. Fostering those qualities among our employees isn’t just the right thing to do; it’s also good for business.
We hope you will join us in recognizing the game-changing women in your own life, at home, at work in our communities around the globe. We encourage you to congratulate them on their accomplishments, both large and small, to let them know that their hard work and contributions toward changing the game are appreciated beyond measure.