Renewable Energy & Sustainability Heroes by GineersNow Engineering GineersNow Engineering Magazine Issue No. 017, Ren | Page 57

Ingersoll Rand Enters Paradigm for
Parity Coalition to Bring Gender Parity to
Corporate Leadership by 2030
Ingersoll Rand (NYSE:IR), a world leader in
creating comfortable, sustainable and efficient
environments, joined the Paradigm for Parity℠
coali tion and pledged to bring gender parity to
its corporate leadership structure by 2030. The
first in its industry to pledge, Ingersoll Rand has
united with nearly 40 other companies in the
coalition to address the corporate leadership
gender gap.
The company currently offers resources
designed to engage and support women,
including women’s leadership and mentorship
programs. In 2014, Ingersoll Rand established its
2020 Sustainability Goals, including clear targets
to attract and retain an increase in the number
of women in leadership and professional roles.
The company’s Sustainability Goals in this area
also align with the United Nations Sustainable
Development Goals for gender equality.
“Ingersoll Rand is a long-time advocate
of creating and fostering gender equality
throughout our organization and we are
proactively implementing programs to accelerate
the pace of increasing representation of women
in our leadership roles,” said Michael W. Lamach,
chairman and chief executive officer of Ingersoll
Rand. “The Paradigm for Parity coalition furthers
our commitment to gender equality and signals
to the business community that gender-balanced
leadership teams bolster employee engagement
and are smart for business.”
As a Paradigm for Parity partner, Ingersoll Rand
will implement a comprehensive action plan
that complements diversity and inclusion and
women’s leadership programs already underway.
Action steps include:
• Minimizing or eliminating unconscious
biases in the workplace;
• Significantly increasing the number of
women in senior operating roles;
• Measuring and communicating progress
and results regularly;
• Basing career progress on business
results and performance and
creating culture change for flexible work
arrangements; and
• Providing sponsors, as well as mentors,
to potential women leaders.
“Paradigm for Parity is thrilled that Ingersoll
Rand has joined the growing number of
companies committed to achieving gender
parity by 2030,” said Ellen Kullman, co-chair of
the Paradigm for Parity coalition. “Even as we
get ready to celebrate International Women’s
Day, women today represent 46 percent of entry
level professionals but only 29 percent of vice
presidents and 19 percent of c-suite executives.
Using our comprehensive action plan, we are
confident our committed companies will reach
gender parity in corporate leadership by 2030
and we are excited to help them achieve this
goal.”
The Paradigm for Parity, launched in December
2016, is made up of CEOs, senior executives,
founders, board members and business
academics committed to achieving a new norm
in the corporate world: one in which women and
men have equal power, status, and opportunity.
The coalition’s ultimate goal is to achieve full
gender parity by 2030, with a near-term goal
of women holding at least 30 percent of senior
roles.
Renewable Green Leaders • May 2017
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