'76% of high-income earners at top companies are men'

Social Responsibility Index rate companies on gender equality, environmental factors, social responsibility.

By NADAV SHEMER
June 6, 2011 23:28
1 minute read.
[illustrative]

business ethics 63. (photo credit: Courtesy)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Seventy-six percent of highincome earners at Israel’s leading publicly traded and private companies are men, according to the annual Maala Corporate Social Responsibility Index.

Eighty-five top Israeli companies participated in the 2011 index, which was released Sunday, representing an aggregate turnover of about NIS 332 billion, or 60% of business-sector GDP.

Be the first to know - Join our Facebook page.


Twelve companies participated in the index for the first time, including El Al and the Shufersal retail chain, with another 15 preparing to join in 2012.

The proportion of women employed out of the top 10% of wage earners at the companies remained unchanged from last year, although the figure of 24% is a slight rise from the 20% recorded in 2006. However, the index revealed other statistical imbalances, finding that only 12% of board members are women, while about 7% of employees are from the Arab sector – far lower than their proportion in the population.

On the environmental front, 62% of manufacturers have set goals for waste reduction, and water and electricity conservation, the index found. Some 94% of the participating companies address environmental issues, while 28% of them publish corporate social- and environmental-responsibility reports.

The results of the 2011 index indicated a positive trend in the adoption of social- and environmental-responsibility principles among Israeli companies, Maala CEO Momo Mahadav said in the report.

“The process of internalizing change is one that takes place over the long term,” he said. “The challenge for 2012 is to move from formulating policies and procedures toward implementation.”



The index, which has been produced annually since 2003, is prepared in partnership with McKinsey & Company, Ernst & Young, S&P Maalot, the Tel Aviv Stock Exchange and Greeney.

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS