SAP SE (NYSE: SAP) today announced that it has reached its 2017 goal to have one in four management positions at the company filled by women.
The public board-level commitment, made in 2011, raised the total of female leaders from a little over 18 percent to 25 percent during the past six years. SAP’s board is continuing its pledge to increase women in leadership by one percent every year, with goals of 28 percent in 2020 and 30 percent in 2022.
Gender diversity is historically reported as underrepresented in the technology industry, but studies have shown that greater gender diversity positively impacts the bottom line. McKinsey & Co. reports that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. SAP continues to strive to be an employer of choice for women in technology, and an industry leader for diversity and inclusion.