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The study also looked at sectoral differences in gender diversity of company leadership. In the STOXX Europe 600, each company is already allocated into a sector. For the purpose of this study, the companies were aggregated into broader sectors to avoid having sectors with very small numbers of companies.

Overall, the differences between sectors are not statistically significant.
There are differences however when looking at the share of women in CEO positions or the share of women who are Chairs of Boards.


The most interesting points when looking at the data per sectors are:


The following two sectors according to STOXX Europe 600 categories: utilities and travel and leisure. It is more specifically the ‘travel and leisure’ sector that pushes up the overall ranking of this aggregate sector. Most (12 out of the total of 14 – 86%) companies in the travel and leisure subsector have a GDI that is average or above average. However, this is also the case of 65% (17 out of 26) utilities companies.



The positive ranking of the technology and media aggregate sector is driven by the media and telecom
sub-sectors, while the technology sub-sector performs less well. In the telecom sub-sector, 60% of companies (9 out of 15) have a GDI that is average or above. In the media sub-sector, this is even higher with 83% of companies (15 out of 18) having this index.



In the consumption goods and retail sector, all subsectors have more than 50% of companies that
have an average or above-average GDI. This is most obvious in the sub-sector of personal and household goods where 60% of companies (18 out of 28) have this score. For the food and beverage and the retail sub-sector this is 50% and 44% respectively.


The table bollow gives an overview of the findings for each sector.

The table overleaf shows the top 3 companies for each sector.