Scope: We have selected companies depending on their sector, geography, size and degree of maturity on the topic in order to examine a broad range of practices and performance.
Process: During the dedicated meetings/calls held with each company, we seek to get deeper insight into the companie's approach along the five following dimensions: Governance, Strategy, Measurement and Monitoring, Actions, Disclosure. We also share best practices from most advanced companies and formulate company-specific engagement asks accordingly.
Status: The engagement was launched in October 2018. In January 2020, Sycomore published a report outlining the outcome, key takeaways from the engagement and next steps:
https://www.sycomore-am.com/files/R/a/5e6109b6-Rapport_dialogue_engagement_UK.pdf
Since 2018, we have:
- made recommendations for improvement to 33 companies specifically on gender equality at work.
- conducted 15 meetings dedicated to the issue
Outcomes: The engagement meetings enabled Sycomore to get a deeper understanding of companies' actions and challenges encountered. Moreover, we have noted that a significant number of companies have made some headway since our first discussions. At end 2019, progress was witnessed on 48% of the recommendations made in 2018.