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Podravka Inc. Annual Report for 2022
Best Practice
Promoter Information:
Abstract:
Podravka is a food processing company in Croatia. In accordance with the ESG criteria and the Business Code of Ethics, it has committed to equal opportunities and equality of all employees, regardless of sex, and a zero tolerate for any form of discrimination, thus promoting women’s economic power. It is among the leaders in gender equality in Croatia. On 1 April 2022, the share of women in top management has been increased from 24% to 43%. On 31 December 2022, women made up 47% of all employees, while among the highly educated workers, women made up 61%. Though there is a 2.7% difference in salary by gender, this is far below the national average (11.2%) and EU average (13.0%). In the future, it intends to further decrease this wage gender gap. Job applications are not gender defined and men and women have equal opportunities. In the past year, 49% of women advanced in Podravka Inc. Among the workers, 47% are women and among highly educated employees holding the title of Master or Doctor of Science, the share of women is 61%. The Management Board is comprised of 40% women, which is aligned with the EU Strategy for gender equality to 2025. The percentage of women in the Management Board is higher than the Croatian average, and the average of nearly 90% of countries that are members of the OECD and G20 according to the most recent day. The share of 25% women in the Supervisory Board is also above the Croatian average.
Keywords:
equal opportunities, leadership, management boards, wage gap, supervisory boards
Dates:
Jan. 1, 2022 - Dec. 31, 2022
Source Specificity:
Initiative/Practice/Project/Programme/Case Studies
Website:
https://www.podravka.com/
Power Domains:
Economic
Methods Tools:
Awareness-raising, Monitoring, Self-regulation
Country:
HR
City:
Koprivnica
Implementation Scale:
national
Language:
English
Other Links:
https://www.podravka.com/investors/financial-reports/
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