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Why Do So Many Companies Lack Women Leaders?

According to the Bloomberg 2023 Gender Equality Index, women still make up only 8 percent of CEOs

Photo by Brooke Lark on Unsplash
Grace Stinson
Tue, 03/07/2023 - 12:02
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Women have always been and continue to be a fundamental cog in the constantly grinding wheels of capitalism. But Bloomberg’s recent report on gender equality in the workplace shows there are still major gaps between the status of men and women in modern-day workforces. 

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Although half of the entry-level workforce of the companies included in the report was made up of women, only 8 percent of the same companies had women leading as CEOs. 

The narrative around gender inequality and business is fraught with latent bias, outdated ideas, and modern misogyny. But Bloomberg’s report, which prioritizes and rewards data transparency, is helping generate a neutral framework to aid the conversation. 

So, why are so many companies still lacking women leaders?

Bloomberg Gender Equality Index

The Bloomberg Gender Equality Index (GEI), launched in 2016, is helping answer this question by tracking the performance of public companies committed to transparency in gender-data reporting. 

 …

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