title-solar

Exclusive Articles

The business case for gender equality in the solar industry: a women's issue

Published in: Solar, PES Essential, Exclusive Articles

The business case for gender equality in the solar industry: a women's issue image

WiSEu Network (Women in Solar Europe) has become a driving force for gender equality since its creation in February 2023. With over 1,000 members across more than 15 countries and supported by leading organisations in the industry, the network focuses on supporting career development for women in the solar and energy storage industry. In this article, ambassadors of the network analyse the business case for supporting equity, diversity, and inclusion and highlight the main barriers women face in their path to leadership.

The workforce constraints in the solar and energy storage sector have highlighted the urgent need to retain, attract and develop female talent. The business case for equity, diversity, and inclusion (EDI) is compelling and multifaceted. Research indicates a positive correlation between gender diversity and organisational profits.

A report by McKinsey & Company found that companies in the top quartile for gender diversity on executive teams were 25% more likely to have above-average profitability than companies in the fourth quartile. This suggests that greater gender diversity at the executive level can contribute to improved financial performance.

 

To read the full content, please download the PDF below.

Download full article

More from across PES