Volvo Group India has been chosen among the “Best Companies for Women in India” Award 2020 (BCWI Award) by Working Mother & Avtar. The recognition is a testimony to the company’s concrete actions that contribute to an inclusive culture, to unleash the full potential of a diverse workforce, providing growth opportunities for women to become leaders of tomorrow.
Volvo Group has emerged as one of the top 100 Best Companies for Women in India – a recognition based on a survey, which covered key demographics related to a company’s workforce, practices, and policies that organizations have in place to attract, engage, retain and develop women professionals.
Kamal Bali, Managing Director, Volvo Group, India, said: “It is indeed an honour to have been recognized as one of the Top 100 Best Companies for Women in India. Diversity and inclusion is at the core of what we do and drives our way of interaction and cooperation. This is a collective value of our people who work towards the common goal of creating an inclusive workplace for all. We are driven by the knowledge that when each one of us gives our whole selves, we all receive more. Diverse perspectives help inculcate passion & energy into the organisation and is a key factor behind innovation & organisation success.
Receiving the award, Amit Sharma, CHRO, Volvo Group, India, said: “This award is an acknowledgment of our efforts in building a culture of trust and respect. We believe in going above and beyond in taking exceptional care of our people. We are constantly listening to our people and proactively aligning our policies to create a conducive and inclusive environment that encourages growth, for a better future.”
Commenting on the occasion, Dr. Saundarya Rajesh, Founder – President, Avtar, said: “The half-decade long journey of BCWI, which took us through the deepest alleys of corporate diversity statistics, has indeed been a revelation. From seeing substantial increase in women’s representation to companies increasing their intent towards reshaping their workplace to be gender-inclusive, the study has evolved into handbook of impactful D&I strategies. It is heartening to see the efforts of BCWI helping companies unlock an array of potential and growth by enabling their women’s workforce consciously.”
“It is also laudable that these companies are increasingly invested in creating a culture of inclusion and allyship. As per the data from 2020 Working Mother & Avtar Most Inclusive Companies Index (MICI), 33% of Diversity & Inclusion spend in organizations is for D&I learning,” explains Dr. Saundarya.
Adding to this, Subha Barry, President of Working Mother Media, said: “Each year, we look forward to celebrating the 100 Best Companies in India by shining a spotlight on the progress women have made in the workforce. We are also excited to reveal the results from our second annual Most Inclusive Companies Index (MICI) in partnership with Avtar. We applaud these organizations’ diversity and inclusion efforts. These trailblazing organizations are paving their way for a more inclusive future.”
The study ranked organizations by evaluating them across various parameters including women’s recruitment, retention, and advancement initiatives, safety and security measures for women employees, flexible work arrangements and support extended for maternity and life-changing events, benefits to help enable and advance women’s careers, and policies around work-life integration.