Lanxess hike proportion women in mid-level, upper management

Lanxess to hike proportion of women in mid-level, upper management

6:24 AM, 7th November 2012
Lanxess to hike proportion of women in mid-level, upper management
Axel C Heitmann, Management Board Chairman, Lanxess.

LEVERKUSEN, GERMANY: Lanxess is introducing a global corporate target for the medium term to increase the proportion of women in mid-level and upper management. This voluntary undertaking should lead to around 20 per cent of these positions being held by women by 2020. The figure currently stands at just under 15 per cent. Overall, women account for 18 per cent of the global headcount of 17,100.

“With our ambitious and specific target, we aim to help more highly-qualified women advance their careers within the company. In light of demographic change, our initiative will make a contribution to equal opportunity,” explained Axel C Heitmann, Management Board Chairman, Lanxess. The company, a member of Germany’s DAX 30 benchmark index since the end of September, thus joins its stock market peers, which committed voluntarily to adopting the German government’s flexible quota in October 2011.

Last year, Lanxess launched the “Diversity & Inclusion” initiative. This underscores the company’s intention to promote equal opportunity and work/life balance in the traditionally male-dominated chemical industry. In the first project phase, a global analysis examined how diverse the company is in terms of gender, nationality and age of its workforce. Around one third of Lanxess employees in Germany are below the age of 40.

“The long-term implementation of a global diversity system will underscore our attractiveness as an employer and bring the company both strategic and financial benefits,” said Rainier van Roessel, Labour Director and Board Member, Lanxess.

Lanxess has coordinated and supports a total of 30 projects worldwide. One example of these is the Senior Trainee Programme launched in early November. Unique in Germany, this project involves 13 highly qualified women and one man who, are returning to employment after a long gap spent raising a family. The programme lasts 18 months, including personal support from an experienced mentor and training measures.

Lanxess is also one of the first companies in Germany to introduce a care leave concept. Since spring 2012, the company provides its employees with more time and financial freedom to care for sick family members. It also offers individual counseling to these employees.

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