DIVERSITY AND INCLUSION
IPG views diversity as an opportunity to foster multi-cultural differences as a means of providing a more inclusive and rich company culture. IPG strives to create an environment where differences are respected and employees can freely contribute and thrive. We champion diversity and focus on attracting and retaining top talent from diverse backgrounds and experiences. Further, we conduct audits within our businesses to monitor the consistency and fairness of our pay equity philosophy and practices.
Currently about 21% of our global leadership workforce consists of women and minorities, respectively, in key management roles. Moreover, IPG adopted Rooney Rule in 2021, and now, in 2022, 30% of the Board members are female directors compared to a single female director in 2020. Over the past four years, we have regularly met our goals of increasing the representation of women and minorities, through targeted hiring and key promotions focused on our technical staff including our Scientists and Engineers. To further support our mission, IPG has donated to multi-cultural scholarships, educational programs and fellowships in our industries and surrounding communities.
To this end, we actively recruit women and minorities into valued positions and invest in both professional and academic programs that develop and empower these significant contributors to grow both personally and professionally. Key partnerships include: the Society of Hispanic Professional Engineers, the Society of Women Engineers, National Society of Black Engineers, the Southeast Asian Coalition, and major universities that include a large population of women and minorities in STEM related curriculum, including participation in virtual career fairs during the global pandemic.