Avtar and Marico are the two Indian companies that have made to the SL25.
SINGAPORE/MUMBAI, Nov 30 (The CONNECT) - Avtar Group - India’s premier Diversity, Equity & Inclusion (DEI) Solutions firm - has been named in the annual listing of 25 companies in Asia Pacific that have demonstrated excellence in Steward Leadership.
The recognition by Stewardship Asia Centre (SAC), INSEAD Hoffmann Global Institute for Business and Society, WTW (Willis Towers Watson) and The Straits Times is for Avtar’s work towards “Transforming workplaces for gender inclusion”. Avtar is one of the two Indian companies (other being, Marico) that has made to the SL25 among an impressive number of companies that are featured in the listing.
Avtar Group through its work in the space of Diversity, Equity & Inclusion (DEI) for the past two decades has pioneered several DEI initiatives in corporate India and has helped over 500+ organizations in their Diversity, Equity and Inclusion cultural transformation. The 360-degree DEI solutioning from Avtar helps organizations aspiring for a performance-driven, inclusive culture to institute culture guidelines and follow a strategic diversity road map for gender balance and inclusive workplace for all.
“Even when there are alarming statistics reporting the widening gender gaps across the globe, this global recognition towards - Transforming Workplaces for Gender Inclusion - reaffirms the fact that India stands in a position to advance bridging the gender gap in the corporate corridors,” said Dr Saundarya Rajesh, Founder – President, Avtar Group receiving the commendation at the Steward Leadership Summit held at Shangri-La, Singapore.
Stewardship is creating value by integrating the needs of stakeholders, society, future generations, and the environment. Steward leadership excellence demands genuine desire and persistence to pursue a corporate agenda beyond profit-making. Organizations in the SL25 list are recognized for demonstrating steward leadership in strategy, execution and in shaping the culture.
Steward Asia Centre is a non-profit organization established by Temasek to help businesses and government leaders, investors and individuals activate stewardship practices through research, executive education, and engagement.
“A rapidly changing world reinforces the principle of taking ownership to do the right thing, and a mindset shift that is critical to driving all of us to work together towards enduring value creation for the benefit of stakeholders, society, the environment, and our future generations. These organizations’ initiatives have made a difference, and I hope they will inspire others to act,” said Mr Lim Boon Heng, Chairman of Temasek Holdings, who unveiled the inaugural list at the Steward Leadership Summit.
The 25 organizations and their initiatives were honored at the Steward Leadership Summit, held in Singapore. Chan Chun Sing, Minister for Education, Singapore, was the guest of honour and delivered the keynote address.
“It is really heartening to see the efforts and persistence of so many organizations striving to create lasting positive change in the environment and community. In honoring these 25 inspirational initiatives, our eventual goal is for steward leadership excellence to be the norm instead of the exception, where every firm is committed to establishing a win-win-win outcome for employees, shareholders, and society at large,” said Rajeev Peshawaria, CEO of SAC.
Among the corporates that are featured in the listing include Avtar Group, BNP Paribas Asset Management, DBS Bank Limited, Faber-Castell AG, Marico Limited and Tata Consultancy Services and UBS AG.
Avtar, set up in 2000, is India’s first diversity advocate & workplace inclusion expert. Renowned for its extensive work in the space of Diversity, Equity & Inclusion (DEI) and more specifically, women’s workforce participation, it is the country’s largest provider of second career opportunities for women and is also the earliest to begin working on diversity audits and measurement. Lead by the visionary Dr Saundarya Rajesh, Avtar has ventured into areas of gender inclusion and career creation, which are firsts to India.