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MAS Holdings
Achieving Gender Representation in Management by Empowering Women at Work- Related Issues:
- Gender Equality
- Due Diligence Stages:
- 3. Taking Action,
- 4. Tracking Performance
- Countries:
- Sri Lanka
- Business Sectors:
- Fashion and Apparel
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MAS Holdings, an apparel and manufacturing company, has set a target of 1:1 gender representation in management by 2025. In 2021, the percentage of women in management increased to 22% from 21% the previous year, despite challenges posed by the COVID-19 pandemic. Female representation on the company’s Board of Directors has increased from 8% in 2018, to 15% in 2019 and 20% in 2021 with a significant increase in the female representation on executive committees across the group.
To advance diversity within the company, MAS Holdings has conducted sensitization workshops on the business case for diversity, accessible workplace and unconscious bias. These workshops were held for all executives, addressing the topics of unconscious bias and the business case for diversity. The company has also established structured mentorship and sponsorship programmes for women to connect to other women in senior leadership roles, implemented flexible work arrangements and ensured that the recruitment and communication policies and processes are gender sensitive.
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COFIDES
Gender Inclusion in the Financial Industry
Related Issues:
Due Diligence Stages:
Countries:
Business Sectors: