3 months ago
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WITH the global push for gender parity and diversity, equity, inclusivity and belongingness, Philippine businesses remain steady in their progress in these areas.
In the latest survey from the Grant Thornton's International Business Report, themed around "Women in Business," Philippine businesses ranked third among respondent countries in the percentage of women in senior management positions for 2025 at 43 percent, a slight drop from last year's 43.1 percent.
However, while this sustained growth is commendable, data shows that achieving true gender parity in the workplace remains a long way off. Accelerating the actions taken toward closing the gender gap remains imperative moving forward.
CLOSING GENDER GAPS While there has been great progress in recent years, the 2025 Women in Business International Business Report shows that bigger and bolder strides are needed to push for gender parity. SCREENSHOT FROM P&A GRANT THORNTON BUSINESS REPORT
Romualdo Murcia III, chairman and managing partner of P&A Grant Thornton, said: "It's disheartening to think we might miss out on another generation of female leaders. Although we're optimistic about the progress made so far, there's still much work to be done. We must intensify our efforts to achieve parity well before 2051 in line with Grant Thornton International's goals."
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The Women in Business research highlights the broad array of external pressures prompting firms to improve the gender balance of their teams. In the Philippines, this mainly includes potential new clients, pushing more than half (54.5 percent) of businesses for action on gender diversity.
The key takeaway from this year's Women in Business research is clear: we must act now to avoid another missed generation of opportunity.
