DENVER--(BUSINESS WIRE)--Pipeline’s first ever Equity for AllTM Report stitches together global data substantiating the economic imperative of closing the gender gap now. Report findings include: for every 7 percent increase in gender equity there is a 3 percent increase in revenue.
The Equity for AllTM Report is a detailed analysis and compilation of 126 secondary resources plus Pipeline’s original research, that point to the current state of gender equity; globally and locally. The Report uses hard numbers to show why equity is not just an important social issue but an economic opportunity as well.
“The gender equity conversation is at a pivotal moment globally as more individuals, business owners, executives, and policy makers, are searching for answers to issues surrounding gender bias,” said Katica Roy, CEO and founder of Pipeline. “This defining moment is a critical starting point for companies wanting to address this topic.”
The Equity for All ReportTM reveals the following snapshots of the global and local gender equity picture:
- Gender equity has moved backward in the last year, yet its importance is paramount due to an aging workforce, the growing skills gap and the digital economy.
- There is a 56 point gap between the percentage of CEOs who prioritize gender equity (78 percent) and employees who regularly see it measured and shared (22 percent).
- 70 percent of states have either stood still or moved backward in gender equity since 2015.
- Energy is the only industry that will eliminate the glass ceiling at the entry level by 2020.
- Electing more women to public office not only has the potential to bridge divides in the U.S. it could also improve the economy.
The Equity for AllTM Report includes Pipeline’s original research, which is a microeconomic assessment of the current state of equity in companies and its relationship to revenue. The original research was performed across 4,161 companies in 29 countries, Pipeline found that for every 10 percent increase in gender equity there is a 1 to 2 percent increase in revenue. In 2018, Pipeline expanded its research across 6,250 companies in 32 countries to include more than 1 billion points of data. The research found that for every 7 percent increase in gender equity, there is a 3 percent increase in revenue.
Pipeline is a Denver-based technology company that increases financial performance of companies through closing the gender equity gap. Pipeline's proprietary SaaS platform uses artificial intelligence to assess and action against the gender biases costing the U.S. alone $2 trillion. For more information, visit PipelineEquity.com.