“I myself have never been able to find out precisely what feminism is: I only know that people call me a feminist whenever I express sentiments that differentiate me from a doormat.” Rebecca West
I remember three or four years ago, I cut out an advertisement from the Swedish newspaper. It said, “These are the 100 stock-exchange companies in Sweden that believe the best women’s movement is the one in bed”. It listed the 100 companies that had, despite 47 % of graduates at the Stockholm School for Economics being female, not one woman in their board room. The advertisement was promoting the AllBright Report by the foundation of the same name. AllBright is a politically independent, non-profit foundation that promotes equality and diversity in senior positions in the business sector. The foundation works continuously with reviewing how gender is represented in the business sector. Every year they release two reports.
This year, they started a German branch of the foundation – and gee, that’s needed! I am thrilled that AllBright now works in Germany as well and my co-worker sent me a picture yesterday morning of the first report on Germany that had been delivered to us. “You want to get to work early today!”, she wrote.
The report, which is very well designed I think, states that the best way to get to the top is being called Thomas. You should be born 1963 and should have studied economics or engineering.
Currently, there is one German stock-exchange company with 40 % women on their board. One. Then there’s 37 that have one women without coming up to 40 %, 122 companies do not have a single woman. There are even 18 companies that don’t have a woman on their board or directorate. The foundation sent out the reports to the companies in question, too. 76 %, that is 122 companies, got its report in a black envelope because they’re on AllBright’s blacklist.
If Germany proceeds at the current speed, we will reach almost-equality in work life in 2050. So shortly before I become a pensioner, I might experience 40% women in boards.
The smaller the company, the less likely/willing they are to take in women, their reasons being crystal clear: “We don’t need new board members”, “There are no competent women in our specialised field” and “Qualifications and competence are more relevant than gender to us”.
In Sweden, companies that have 40 % of women on their boards (that is, just to be clear, not even half of the board) are twice as profitable. If you don’t believe in equal opportunities, shouldn’t you at least believe in economic effiency?
By the way, it was a man who founded AllBright. An old, white man. But his name is not Thomas.