Analysis of Novelis Gender Equality Index Results

The Gender Equality Index is a crucial tool for assessing and promoting gender equality within companies. In France, it has become a mandatory measure for companies with more than 50 employees under the Law for the Freedom to Choose One's Professional Future, enacted in 2018. This index consists of several indicators to measure disparities in wages, individual increases, promotions, and other aspects related to gender equality.

Results for Novelis:

Gender Pay Gap: The company has a gender pay gap of 5.5%, in favor of men. This means that men earn on average 5.5% more than women. Points awarded: 34

Difference in Individual Increase Rates: The company shows a gap of 9.9% in individual raise rates, favoring men. Points awarded: 35."

Percentage of Female Employees Receiving a Pay Raise after Maternity Leave: No female employee returning from maternity leave received a salary increase. Points awarded: 0.

Number of Underrepresented Gender Employees among the 10 Highest-Paid Employees: The company has 4 underrepresented gender employees among the 10 highest-paid employees, indicating some diversity in high salaries. Number of points obtained: 10

With a total score of 79 out of 100, we reaffirm our commitment to continue our efforts towards genuine and lasting equality within our organization.