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
Workplace Equality Index
IHS Markit is listed on the Workplace Equality Index®, an equity index comprised of the world's leading equality-minded companies. It consists of companies that support lesbian, gay, bisexual and transgender (LGBTQ) equality in the workplace. Inclusion is based on a number of criteria including non-discrimination practices, benefits for LGBTQ employees and their families, as well as support of the company's LGBTQ employee group.
Corporate Equality Index
IHS Markit received a score of 90 (out of 100) on the 2018 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices relating to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality administered by the Human Rights Campaign Foundation. The score reflects our commitment to LGBTQ workplace equality, with respect to policies, benefits, and practices. View our 2018 CEI scorecard.
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 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.
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.
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
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.
2018 Technology Leader of the Year recognition
Bethany Baer, managing director and chief technology officer of IHS Markit Digital, was named Technology Leader of the Year at the inaugural Women in Technology and Data Awards presented by Waters Technology magazine. The award recognizes, promotes and celebrates the contribution that women make across the capital markets, specifically in the data and technology industries.
2017 Annual Innovation in Diversity Award
Profiles in Diversity Journal recognized IHS Markit as a Top 10 winner of their 2017 Annual Innovation in Diversity Awards, for developing innovative customer solutions in the area of workforce diversity and inclusion. The recognition cites Automotive's data and insight into the LGBTQ market that is changing paradigms across the automotive industry.
2017 Life at Work Award
IHS Markit Malaysia was recognized at a national level, winning the Best Lean Organization for the Life at Work National Awards. Initiated by Talent Corporation Malaysia Berhad (TalentCorp) and organised in collaboration with the Ministry of Women, Family and Community Development, the award recognizes and celebrates employers with leading workplace strategies that demonstrate drive, commitment and tenacity to champion diversity and inclusion. IHS Markit Malaysia received the same recognition in 2015.