Top 10 Companies for Women in the World 2023

There is a growing trend of companies acknowledging the importance of attracting and retaining female talent. Recognizing that fostering an inclusive workplace is vital, many organizations are actively implementing measures such as flexible work arrangements, skill development programs, family leave options, and missions that align with the empowerment of women.

Dec 15, 2023, 16:11 IST
List of Top 10 Companies for Women in the World 2023
List of Top 10 Companies for Women in the World 2023

Despite significant strides in women's access to career opportunities and professional advancement, their global workforce participation continues to lag considerably behind that of men. According to data from the International Labour Organization, approximately 47% of women are part of the global labor force, a stark contrast to the 72% representation of men. Moreover, when women do secure employment, they often find themselves in positions characterized by lower job quality.

List of Top 10 Companies for Women in the World 2023

On a positive note, there is a growing trend of companies acknowledging the importance of attracting and retaining female talent. Recognizing that fostering an inclusive workplace is vital, many organizations are actively implementing measures such as flexible work arrangements, skill development programs, family leave options, and missions that align with the empowerment of women.

In a noteworthy development for 2023, the title of the top company for women globally is conferred upon MAIF. This recognition underscores the increasing awareness and commitment among companies to create environments that not only acknowledge the gender gap but actively work to bridge it, thereby fostering a more equitable and empowering professional landscape for women.

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Top 10 Best Companies for Women In The World 2023

Even in 2023, a commitment to advancing women in the workplace is not universally embraced. A glaring example of this is the fact that only approximately 32% of women hold senior leadership positions in the global workforce. This stark reality is drawn from Forbes' 'World's Top Companies for Women 2023.'

A notable company on this list is Estée Lauder Companies, which has ascended in the rankings this year, rising from No. 6 in the previous year. ELC's elevation is attributed not only to the opportunities it provides its employees, including leadership programs, skills training, and mentor relationships but also to the significant investments the company makes in girls and women within communities across the United States. This multifaceted approach highlights ELC's dedication to fostering an inclusive and empowering environment for women, both within its organizational structure and in the broader societal context.

Here is the complete list:

RANK

NAME

INDUSTRIES

COUNTRY/TERRITORY

EMPLOYEES

1

MAIF

Insurance

France

9,327

2

The Estée Lauder Companies

Packaged Goods

United States

62,500

3

SAP

IT, Internet, Software & Services

Germany

111,961

4

Clorox

Retail and Wholesale

United States

9,000

5

Marriott International

Travel & Leisure

United States

377,000

6

Marks & Spencer

Retail and Wholesale

United Kingdom

72,316

7

H&M - Hennes & Mauritz

Clothing, Shoes, Sports Equipment

Sweden

106,522

8

Intersport

Retail and Wholesale

Switzerland

100,000

9

Microsoft

IT, Internet, Software & Services

United States

221,000

10

Adidas

Clothing, Shoes, Sports Equipment

Germany

59,258

Forbes, in collaboration with market research firm Statista, has compiled this list that evaluates companies globally based on their support for women, encompassing both their workplace environment and their contributions beyond professional realms. This ranking draws from surveys conducted among approximately 70,000 women employed by multinational corporations spanning 37 countries.

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Hello, my name is Mohammad Jazib Ul Quanain. I was born and raised in the beautiful valley of Kashmir. During the initial years of my life, I chose engineering as my career. It didn't work out as I wanted it, so I pursued Journalism and haven't regretted it since. I completed my master's from Chandigarh University in Journalism and Mass Communication. Also, I have almost 2 years of experience in content writing and Journalism. If I'm not writing articles, you may find me riding my motorcycle to a remote location or relaxing on the couch watching anime.
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