Why TWLP , and why now?
Progress towards equity for women in leadership has been painfully slow and, in fact, has gone backwards.
About the TWLP
Why do we need TWLP and why now?
Progress towards equity for women in leadership has been painfully slow and, in fact, has gone backwards. The time it will take for leadership and other gender gaps to close grew by 36 years in the space of just 12 months, according to the World Economic Forum’s 2021 Global Gender Gap Report. The report estimates that it will take an average of 135.6 years for women and men to reach parity on a range of factors worldwide, instead of the 99.5 years outlined in the 2020 report. This is the largest reversal in one year since the report started in 20061.
- 32.5% of key management positions
- 28.1% of directors
- and 18.3% of CEOs2
Women currently hold 31 (6.2%) of CEO positions in Standard & Poor’s 500 companies3 in the USA. Similarly, in 2021, the number of women leading businesses in the Fortune 500 (Fortune Magazine’s largest 500 USA companies) hit an all-time record, at 41. But this is
Although parliaments are a little better, at the current rate of progress, global gender parity in national legislative bodies will not be achieved before 20635. And only 10 countries out of 195 in the world have a woman Head of State, and only 13 countries have a woman Head of Government.
On this series
- 1. https://time.com/5951101/global-gender-gap-135-years/
- 2. https://www.wgea.gov.au/women-in-leadership#:~:text=While%20women%20make%20up,18.3%25%20of%20CEOs
- 3. https://www.catalyst.org/research/women-ceos-of-the-sp-500/
- 4. https://fortune.com/2021/06/02/female-ceos-fortune-500-2021-women-ceo-list-roz-brewer-walgreens-karen-lynch-cvs-thasunda-brown-duckett-tiaa/
- 5. https://www.unwomen.org/en/what-we-do/leadership-and-political-participation/facts-and-figures
- 6. https://www.unwomen.org/en/what-we-do/leadership-and-political-participation/facts-and-figures
The TWLP initiative supports
Sustainable Development Goals 5, 8, 10 and 17