At the next G7 Summit in Canada, I will ask nine of the world’s most powerful political leaders to invest in gender equality.
At the next G7 Summit in Canada, I will ask nine of the world’s most powerful political leaders to invest in gender equality. The group itself illustrates the current imbalance of power: only two of its members are women. This unequal ratio reflects the global reality of women’s absence from leadership positions. Women are still sidelined in politics and business, in global summits and corporate boardrooms. Even I, the president and CEO of a global advocacy organization for gender equality, am still asked at events if my husband is speaking on a panel.
This underrepresentation isn’t a new phenomenon. Of 146 countries studied by the World Economic Forum in March 2017, only 15 had a female head of state or government. That’s about 10%, compared with about 25% of the G7 group, which includes Canada, France, Germany, Italy, Japan, the United Kingdom and United States, as well as the European Union Council president and Commission president. Except for Germany’s Chancellor Angela Merkel and the UK’s Theresa May, all those leaders are men. Women still only represent 23% of parliamentarians and 18.3% of ministers worldwide.
The corporate world reflects much the same picture. As of March 2018, there were only 24 female CEOs in the Fortune 500 companies. Globally, only 15% of all corporate board seats are filled by women.
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