Earlier this week, Anja-Isabel Dotzenrath and Leigh-Ann Russell joined Chief Executive Officer Bernard Looney’s leadership team, tipping the gender balance to six women and five men. BP is now setting its sights on the next rungs of management, aiming to achieve gender parity among its 120 most senior leadership roles by 2025 and have women occupying 40% of roles in the next layer down.
With nine new entries, women are now running 23 of the companies on the Global 500. The list of female CEOs became much more diverse this year, too; in 2020, just one woman of color ran a Global 500 business. In 2021, there are six women of color serving as Global 500 CEOs. Those numbers represent an all-time high since Fortune began tracking the number of female CEOs on the Global 500 in 2014.
Women make up an estimated 100 million migrant workers living and working abroad. Their remittances—money sent to family members still living in their home countries— sustain economies around the world. They also account for roughly half of annual remittances, but tend to send smaller amounts in more frequent intervals than their male counterparts,