Auburn Hills, Michigan, November 16, 2021 – BorgWarner Inc., a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, today announced that it has been recognized on Forbes’ list of “World’s Top Female Friendly Companies,” for its efforts in supporting women inside and outside of the workplace. BorgWarner ranked 103 out of 300 industry-leading honorees in the inaugural year of the award.
“BorgWarner is extremely proud to receive this recognition from Forbes and hold rank with the nation’s top women-inclusive companies,” said Felecia Pryor, Executive Vice President and Chief Human Resources Officer at BorgWarner. “Through our diversity, equity and inclusion initiatives, we have made great strides in creating an environment that empowers and supports women, and we are honored to be a place where women feel valued and truly want to work.”
BorgWarner has implemented several key programs to support women including the Women in Leadership (WIL) program as well as Women in Science and Engineering (WISE). The WIL program goal is to give women the opportunity to come together collectively and share ideas with one another and to grow their female network, both within the company and externally. WISE aims to support the personal and professional growth of female employees in STEM fields.
In addition to these implemented programs, BorgWarner’s top leadership team puts a heavy emphasis on the importance of DEI across the company, globally. As reported in the company’s 2021 Sustainability Report, women in the company earned compensation 98.7% of that received by their male counterparts while 22.2% of board members are women, 23.1% of strategy board members are women and 14.6% of company leaders are women.
The list, compiled by Statista, surveyed 85,000 women in 40 countries. All surveys were anonymous, allowing participants to openly share their opinions. Respondents were asked to rate their employers' performance on gender-related criteria and their willingness to recommend their employer to others. They were also asked to evaluate other employers in their respective industries. Additionally, Statista asked respondents to rate companies based on their corporate responsibility, marketing campaigns and public perception, in relation to gender equality. The final list ranks the 300 companies that received the most recommendations and boast the most gender diverse boards and executive ranks.
For the full company rankings, visit: https://www.forbes.com/female-friendly-companies/#5a688e8264ac.