Energy Magazine February 2021 | Page 73

Although women currently occupy less than 20 percent of senior leadership positions in energy companies around the world , a S & P Global report entitled The Changing Face of Energy notes that the decade just past has shown signs of growth for women in the industry , with greater representation on boards of directors , and career paths that lead to the executive suite .
An analysis of companies around the world that are constituents of the S & P Global BMI Energy ( Sector ) Index and S & P Global BMI Utilities ( Sector ) Index , showed that gains were most visible on boards , where efforts to diversify are more established , with investors adding a push , and in some places , regulation . The share of female board members in the S & P Global Indices nearly doubled since 2000 to reach 15 percent for the energy sector on average , the report adds . Growth in this decade was more than twice that of the previous one . However , when looking further down , the analysis found that one of the most common explanations for why there were not more women in the C-suite is because there are not enough women in the industry at the step below to promote . Women filled 15 percent of senior management pipeline spots in 2019 on average for the energy sector , up from less than one in 10 in the early 2000s , the report says .
Operating across a variety of regions and countries , these top 10 women are at the vanguard of change within the global energy industry , with some leading traditional oil and gas companies , while others are more involved in spearheading the transition to renewables – and all of them are set to play vital roles in the months and years ahead .
73 energydigital . com