PSA Group endorses United Nations Women’s Empowerment Principles

At a Global Works Council meeting on Wednesday 29 June, PSA Group management announced to employee representatives that it had pledged to endorse the United Nations (UN) Women’s Empowerment Principles.

The UN initiative aims to encourage businesses to take action in favour of gender balance and equality.

The PSA Group has long pursued an assertive policy on workplace gender equality, which it believes can add value and boost financial performance.

By supporting the UN Women’s Empowerment Principles, the PSA Group is adopting a highly useful benchmark that is both internationally recognised and applicable throughout all its companies and host countries. The principles will serve to assess achievements in the various countries, identify new improvement initiatives and promote best practices.

The Group has committed to addressing the following key challenges:

– gender diversity in the professions;

– HR processes that ensure workplace equality (for example, comparative analyses of the employment situations, salaries and career trajectories of male and female employees);

– access for women to all levels of responsibility.

The figures show that the Group has made good progress. Women account for 19% of total headcount, but more than 20% of managers and a third of engineers and managers aged under 30. Moreover, women represent 13% of senior managers and top executives – a number the PSA Group aims to raise to 20% by 2025.

The PSA Group was the first company to receive France’s Equal Opportunity label in 2005. This certification was renewed on 16 December 2014, attesting to the Group’s ongoing commitment and its continuous improvement process. PSA’s diversity strategy applies Group-wide across all host countries. In Spain, the Equality label granted by the Ministry of Social Affairs and Equality has been held by the PSA Group since 2013.