Our demographics, signatory of WEPs and UK gender pay gap
IHS Markit is strongly committed to gender equality and opportunity in the workplace. As of 2017, 36.72% of our global workforce were female (+1 percentage point since 2016) and 36.65% of our managers were female (+8 percentage points since 2016).
IHS Markit is a signatory of the Women's Empowerment Principles (WEPs) in a continued effort to actively participate in, and contribute to, advancing equality. The participation of IHS Markit in the WEP represents a significant and actionable step in support of the United Nations Sustainable Development Goal 5, which seeks to achieve gender equality and empower all women and girls. Read the full IHS Markit news release.
In April 2018 we published our UK gender pay gap report showing a median gender pay gap of 26.67% - highlighting the difference in pay of our female and male colleagues in the UK. The report also affirms the steps we are taking to address this gender pay gap globally with a commitment to:
- Review equal pay at the global level
- Implement gender neutral job descriptions
- Conduct unconscious bias training for hiring managers
- Target a 50/50 gender split in our annual intern program
- Review our employee experience program including a focus on women
- Build on exisitng women and other diversity affilation groups inside our company
- Increase the percentage of female independent directors on our board from 25% to over 30%
- Drive accountability to our executive team
CEO diversity pledge
Lance Uggla, Chairman of the Board of Directors and CEO, signed the CEO diversity pledge on behalf of IHS Markit, committing to make our workplace a trusting places to have complex, and sometimes difficult, conversations about diversity and inclusion, to implement and expand unconscious bias education and to share best-and unsuccessful-practices.
Pride@IHSMarkit
Pride@IHSMarkit are groups open to all employees that aim to create a culture and a company that is welcoming and inclusive for LGBTQ employees. These groups raise awareness through communication and events with active employee Pride groups in the US, UK and India. Their remit, both internal and external, is to engage with partner networks, clients and the communities around us. In 2017, we launched a company-wide LGBTQ Ally program. An ally can be anyone who supports the LGBTQ community.
HeForShe campaign
IHS Markit is proud to participate in the HeForShe campaign to underline our commitment to gender diversity and equality in the workplace. In our pilot rollout, the London office came up with five key actions, unique to the office, that every employee can adopt and implement to improve gender equality.
Currently, we have full programs in London and Bangalore and emerging programs in Englewood, Coulsdon and New York. Our 2018 goal is to rollout the HeForShe campaign to our larger offices, engaging at least 50% of our employees in this campaign.
As a HeForShe ambassador, an employee commits to vocally and proactively uphold these pledges:
- Challenge unconscious gender bias
- Ensure all voices are heard in meetings
- Share office housework evenly
- Encourage all team members to realize their potential and develop equally
- Make work work for parents
IHS Markit strives to promote an inclusive and belonging environment in which all employees feel welcomed, challenged and rewarded for their contributions. We have colleagues in countries around the world, and they are unique in their cultures, experiences, backgrounds and skills. We leverage this organizational diversity through our commitment to our Core Values of Accountability, Customer Focus, Inclusiveness, Innovation, Integrity and Partnership. Our ability to attract, develop and retain the best and brightest talent is the cornerstone of our competitive advantage. We take pride in cultivating a working environment in which creativity and innovation can flourish, colleagues can develop their careers and we can ensure the long-term success of our business strategies.
