Diversity, equality and inclusion

Committee:
Human Resources
status:
New
Published:
Japan, known to have the world’s highest rate of seniority, also has one of the fastest population declining paces in the world. Its economy is bound to drastically change in the following decades due to a decrease in population of 30 million by 2050. To offset its shrinking labour force, Japan needs to bring more women into the workforce by supporting working mothers, reducing its gender pay gap (second largest among OECD countries) and giving them access to more stable jobs.

Recommendations

  • The Human Resource Committee, together with The Sustainability & Social Responsibility committee of the EBC, support Prime Minister Kishida’s “New Capitalism” encouraging investment in human capital as one of the main pillars of his growth strategy. We expect that this initiative will result into a more inclusive Japanese economy.