Gender equality index: 2023 results for Crédit Agricole S.A. UES
#Human-centric Project
Presentation
The gender equality index was established by the French government in November 2018, and enables companies to measure their progress in terms of compensation gaps between men and women of comparable age and position.
It also highlights points of progress that should be acted upon when these differences go unjustified.
The Index is marked over 100 points. It is calculated based on five indicators for companies of over 250 employees, and four indicators for those employing between 50 and 250 people:
- The pay gap between women and men, for comparable positions and ages.
- The difference in the distribution of individual raises between women and men.
- The difference in the distribution of promotions between women and men.
- The percentage of female employees receiving raises upon return from maternity leave.
- The gender distribution among the ten highest remunerations.
Companies must reach a minimum score of 85 points. If not, they must define progress objectives. If the score is below 75 points, companies must implement corrective measures to reach this score within three years. Failure to do so exposes companies to a penalty of up to 1% of the total payroll. The index is published every year on companies’ websites and is communicated to their works councils (CSE) and the national labour inspectorate (DRIEETS).
Our results
The Crédit Agricole S.A. economic and social unit (UES) score at 31/12/2023 is 97/100, up 6 points on 2022. It is broken down as follows:
- 37/40 on the indicator assessing the pay gap between women and men, for comparable positions and ages.
- 20/20 on the indicator assessing the difference in the distribution of individual raises between women and men.
- 15/15 on the indicator assessing the difference in the distribution of promotions between women and men.
- 15/15 on the indicator assessing the percentage of female employees receiving raises upon return from maternity leave.
- 10/10 on the indicator assessing gender distribution among the ten highest remunerations.