Daily BriefsESG

Daily Brief ESG: How Much Can ‘effort Targets’ Speed up the Narrowing of the Gender Pay Gap? and more

In today’s briefing:

  • How Much Can ‘effort Targets’ Speed up the Narrowing of the Gender Pay Gap?


How Much Can ‘effort Targets’ Speed up the Narrowing of the Gender Pay Gap?

By Aki Matsumoto

  • Since very few companies disclosed challenges, efforts to resolve them and progress, it’s unlikely that ‘gender pay gap’ will be disclosed in convincing manner, with this being the only exception.
  • Japan’s Law for the Promotion of Women’s Activities does not prohibit gender discrimination and is not legally binding on gender equality, so the wage gap is only an effort target.
  • While some proactive companies may accelerate their efforts as disclosures reveal gender pay gap, many are likely to move at modest pace to match the pace of those around them.

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