The Concept of The Diversity Council

The Diversity Council is a strategic corporate alliance and a unique international diversity accelerator with bold ambitions. From the very outset, when The Diversity Council was founded in Denmark, the key objective has been to address the barriers that obstruct the advancement of more women into the top level of management. The Diversity Council is now active in the Nordic region, based in Copenhagen.

The Diversity Council consists of 2 annual meetings of the CEO Committee, and 2 annual HR meetings, to best facilitate knowledge and best-practice sharing and dialogue with press and politicians. Partners also have access to our talent development courses that build the pipeline by empowering female leaders throughout the company.

In the Council we are committed to doing the ongoing work required to implement real change and transformation. When investing in shared solutions, everyone will achieve a better ROI, also in terms of talent attraction, development and retention.

Though established to specifically advance corporate gender parity, The Diversity Council will also go on to consider diversity in a wider sense.

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KEY REASONS TO PARTICIPATE IN THE DIVERSITY COUNCIL AND LEVERAGE THE ALLIANCE:

  • Positively impact the bottom line
  • Engage with the entire talent pool
  • Attract highly competent female leaders
  • Build and retain a strong pipeline of high-potential executive women
  • Access valuable research and share lessons
  • Ensure broad stakeholder representation.

THE DIVERSITY COUNCIL IS CURRENTLY FOCUSING ON THREE STRATEGIC AREAS:

  • Strengthening the pipeline of female talents
  • Promoting inclusive culture and leadership
  • Preparing to be the preferred workplace of the future
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"At Danmarks Nationalbank we aim to become a thought leader among the central banks and to achieve this we need some of the best and brightest people who can help us ensure a stable economy for Denmark. We want to attract and retain a diverse set of skills and experiences as we believe this will lead to new and better decisions."
Lars RohdeGovernor by Royal Appointment, The Central Bank of Denmark
“Our membership in The Diversity Council is simply expressing that we at Tryg are focused on creating equal opportunities for all and developing the best talents, regardless of gender, ethnicity and age. We believe this is a necessity to be able to perform with world class excellence.”
Morten HübbeCEO, Tryg
“The Diversity Council is a perfect fit for Ramboll and our work to advance the SDG goal on gender equality. Diversity and inclusivity drives opportunities for each individual and societal change but it is also good business because diversity in perspectives drive performance, talent development and excellent solutions for our clients. We would very much like to inspire women to choose tech and science based programmes at universities because of the many opportunities this brings to them and society and we would like to accelerate the progress of more women into business leadership. As part of the CEO Committee we want to inspire from the actions of other companies and share real-life experiences to set great examples to follow.”
Ib EnevoldsenManaging Director, Ramboll Denmark
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Why diversity matters

Research proves that diversity in management and throughout the company positively impacts the bottom line: boosting profits and raising performance. In a 2018 report, McKinsey & Co, showed that companies with the most gender diverse management teams were 27% more likely to achieve above-average profit margins.

Furthermore, as shown in this figure, it is vital to utilise the whole talent pool, and prevent the loss of high potential female talents as they move up the pipeline.