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She joined Forbes in 2023 and has since written about pay equity in the workplace, veterans transitioning into civilian jobs, and startups that are advancing healthcare technology and clean energy. Throughout her career, she’s specialized in health, science, product safety and parenting—and written for outlets including The New York Times, JAMA, Prevention and The Washington Post. Peachman is also the coauthor of When Children Feel Pain: From Everyday Aches to Chronic Conditions, which won the 2023 Science in Society Journalism Book Award from the National Association of Science Writers. Previously, she was on staff at several publications including Consumer Reports where her investigations into dangerous infant sleepers and unstable dressers spurred the recall of millions of products and led to new laws. For this work, she won the Deadline Club Award for Magazine Investigative Reporting from the Society of Professional Journalists and was a finalist for the National Magazine Award for Public Service from the American Society of Magazine Editors. Peachman has a B.A. from the University of Michigan and an M.S. from Columbia Journalism School. Follow her on Twitter @RachelPeachman, email her at rpeachman [at] forbes.com or find her at www.rachelrabkinpeachman.com. Forbes reporters follow company ethical guidelines that ensure the highest quality.","sameAs":["https://www.linkedin.com/in/rachelrabkinpeachman/","https://www.twitter.com/RachelPeachman","https://www.rachelrabkinpeachman.com.","https://www.facebook.com/rachelrabkinpeachman.writer/"]},"publisher":{"@type":"NewsMediaOrganization","name":"Forbes","url":"https://www.forbes.com/","ethicsPolicy":"https://www.forbes.com/sites/forbesstaff/article/forbes-editorial-values-and-standards/","logo":"https://imageio.forbes.com/i-forbesimg/media/amp/images/forbes-logo-dark.png?format=png&height=455&width=650&fit=bounds"},"headline":"Meet The World’s Top Companies For Women 2023","description":"These multinational corporations offer flexible work schedules, generous parental leave benefits, career advancement opportunities and more.","datePublished":"2023-10-31T09:47:39-04:00","dateModified":"2023-11-01T04:13:39-04:00","articleSection":"Leadership Strategy","name":"Meet The World’s Top Companies For Women 2023","isAccessibleForFree":"False","commentCount":2,"comment":[{"@context":"http://schema.org/","@type":"Comment","datePublished":"2023-11-01","author":{"@context":"http://schema.org/","@type":"Person","name":"Lola E","givenName":"Lola","familyName":"E"},"text":"<p>So glad to see 3M on the list. An original American company takes care of their employees no matter gender. They have always promised to help within the job and outside. 3M is a company who is there for the community. Truly admire companies like them!</p>","upvoteCount":2,"downvoteCount":0},{"@context":"http://schema.org/","@type":"Comment","datePublished":"2023-11-02","author":{"@context":"http://schema.org/","@type":"Person","name":"Confused Reader","givenName":"Confused","familyName":"Reader"},"text":"<p>Why aren’t Asian Women mentioned in the article, despite the large numbers of them in Western societies? 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role="presentation"><div style="padding-top:50.21%;position:relative" class="image-embed__placeholder"><progressive-image src="https://specials-images.forbesimg.com/imageserve/653fc82967887290218b4fd0/Jane-Lauder-and-Audrey-Brady--from-ELC--speak-at-an-Est-e-Lauder-Companies-event-/0x0.jpg?cropX1=0&cropX2=2035&cropY1=6&cropY2=1030" alt="Jane Lauder and Audrey Brady (from ELC) speak at an Estée Lauder Companies event." data-height="1365" data-width="2048"></progressive-image></div><figcaption><p class="color-body light-text">ELC's Jane Lauder, executive vice president of enterprise marketing and chief data officer (left) and her "reverse mentor" Audrey Brady, assistant manager of global media and creators, at a fireside chat.</p><small class="color-body light-text">ELC</small></figcaption></figure> <p>“My grandmother, Estée Lauder, founded our company over 75 years ago from her kitchen table,” says Jane Lauder, executive vice president of enterprise marketing and chief data officer at the <a href="https://www.forbes.com/companies/estee-lauder/" target="_self" class="color-link" title="https://www.forbes.com/companies/estee-lauder/" data-ga-track="InternalLink:https://www.forbes.com/companies/estee-lauder/" aria-label="Estée Lauder Companies">Estée Lauder Companies</a> (ELC)—and since the beginning, the now multinational cosmetics company has been “supporting and scaling opportunities to advance possibilities for women in our business and around the world.”</p> <div class="halfway_hardwall_1"></div> <div class="article_paragraph_2"></div><fbs-ad position="top" progressive="" ad-id="article-0-top"></fbs-ad> <p>Lauder’s words are not just lip(stick) service. ELC’s representation of women in leadership roles backs them up: half of the company’s global regions are led by women; 59% of vice president positions and higher are held by women; and all six of its research and development innovation centers are helmed by women. Perhaps more telling: while women make up only 29.2% of STEM workers globally per the World Economic Forum’s (WEF) <a href="https://www.weforum.org/publications/global-gender-gap-report-2023/digest/" target="_blank" class="color-link" title="https://www.weforum.org/publications/global-gender-gap-report-2023/digest/" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.weforum.org/publications/global-gender-gap-report-2023/digest/" aria-label="2023 Global Gender Gap Report">2023 Global Gender Gap Report</a>, female workers account for more than 60% of ELC’s scientists, engineers and technical professionals. “The innovative creators behind our products and experiences,” says Lauder, “are women.”</p> <div class="halfway_hardwall_2"></div> <p>Such dedication to advancing women in the workplace is not a given, even in 2023. Case in point: only<a href="https://www.weforum.org/publications/global-gender-gap-report-2023/digest/" target="_blank" class="color-link" title="https://www.weforum.org/publications/global-gender-gap-report-2023/digest/" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.weforum.org/publications/global-gender-gap-report-2023/digest/" aria-label="about 32% of women hold senior leadership positions"> about 32% of women hold senior leadership positions</a> in the global workforce, according to the WEF report. Still, female leaders are part of the fabric of the Estée Lauder Companies and their presence is one of the many reasons the corporation nabbed the No. 2 spot in our ranking of the <a href="https://www.forbes.com/top-companies-women/" target="_self" class="color-link" title="https://www.forbes.com/top-companies-women/" data-ga-track="InternalLink:https://www.forbes.com/top-companies-women/" aria-label="World’s Top Companies for Women"><strong data-ga-track="InternalLink:https://www.forbes.com/top-companies-women/">World’s Top Companies for Women</strong></a>.</p> <div class="halfway_hardwall_3"></div> <p>The list, which <em>Forbes</em> created in partnership with market research firm<a href="https://www.statista.com/" target="_blank" class="color-link" title="https://www.statista.com/" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.statista.com/" aria-label="Statista"> Statista</a>, ranks the companies around the world that support women both in the workplace and outside of it. The ranking is based on surveys of approximately 70,000 women working for multinational corporations across 37 countries.</p> <div class="halfway_hardwall_4"></div> <p>Survey participants were asked if they would recommend their employer to friends or family, and to rate the corporation on both general workplace practices and on such gender-specific issues as gender pay equity, the management of employee discrimination cases, and whether men and women have the same opportunities for advancement. Women were also asked to rate other companies within their respective industries, and eligible companies were then assessed to determine the percentage of women in leadership positions. Ultimately, all of these data points were combined to create a scoring system, and the top 400 companies made our final list.</p> <div class="article_paragraph_7"></div> <p>ELC rose in the ranks this year (up from No. 6 last year) not only for the opportunities it affords its own employees—through leadership programs, skills trainings, mentor relationships and more—but also for the investment the company makes in girls and women in communities across the United States. ELC has partnered with the Student Leadership Network and the Young Women’s Leadership Schools for nearly 20 years to help girls and gender expansive youth from underserved areas access college, career, leadership, and mental health resources.</p><fbs-ad position="topx" progressive="" ad-id="article-0-topx-1"></fbs-ad> <p>Other companies that claimed top spots on our list this year include the French mutual insurance company <a href="https://www.forbes.com/companies/maif/" target="_self" class="color-link" title="https://www.forbes.com/companies/maif/" data-ga-track="InternalLink:https://www.forbes.com/companies/maif/" aria-label="MAIF">MAIF</a> (No. 1; up from No. 3 in 2022), the German software company <a href="https://www.forbes.com/companies/sap/" target="_self" class="color-link" title="https://www.forbes.com/companies/sap/" data-ga-track="InternalLink:https://www.forbes.com/companies/sap/" aria-label="SAP">SAP</a> (No. 3; rising from No. 18) and the California-based <a href="https://www.forbes.com/companies/clorox/" target="_self" class="color-link" title="https://www.forbes.com/companies/clorox/" data-ga-track="InternalLink:https://www.forbes.com/companies/clorox/" aria-label="Clorox Company">Clorox Company</a> (No. 4; down from No. 2).</p> <p><a href="https://www.forbes.com/companies/marriott-international/" target="_self" class="color-link" title="https://www.forbes.com/companies/marriott-international/" data-ga-track="InternalLink:https://www.forbes.com/companies/marriott-international/" aria-label="Marriott International">Marriott International</a> (No. 5) offers a range of female-focused initiatives and benefits, including its Women’s Executive Mentorship Program and Women in Leadership & Learning program. In addition, Marriott offers a variety of family benefits, including fertility support, financial assistance for adoption, in vitro fertilization and egg freezing, childcare discounts and phase-back or reduced-hour programs for full-time associates returning to work after parental leave.</p> <p>“We empower women by providing flexibility and choice,” says Ty Breland, the company’s executive vice president and chief human resources officer. “This includes options for flexible scheduling, part-time management roles, and broader jobs where associates can learn and perform multiple tasks across the hotel, leading to greater responsibility, diversity and opportunities for career advancement.”</p> <p>Such options help women—especially those with childcare or eldercare responsibilities—progress into leadership roles. In fact, one in five women in the U.S. says ﬂexibility has helped them stay in their job or avoid reducing their hours, according to the new <a href="https://www.mckinsey.com/featured-insights/diversity-and-inclusion/women-in-the-workplace" target="_blank" class="color-link" title="https://www.mckinsey.com/featured-insights/diversity-and-inclusion/women-in-the-workplace" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.mckinsey.com/featured-insights/diversity-and-inclusion/women-in-the-workplace" aria-label="Women in the Workplace">Women in the Workplace</a> report by McKinsey and LeanIn.Org.</p> <p>“Flexibility is helpful for everyone—but especially for working women, given the amount of care duties that typically falls to women,” says Nicole Kyle, co-founder of <a href="https://www.cmpresearch.com/" target="_blank" class="color-link" title="https://www.cmpresearch.com/" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.cmpresearch.com/" aria-label="CMP Research">CMP Research</a> and a LinkedIn Top Voice in Gender Equity. “I’m a big proponent of flexibility and the data shows it’s what employees want.”</p> <p>The results are inarguable at Marriott International, where women represent 57% of CEO direct reports, 51% of U.S. executives and 47% of global executives. Likewise, London-based retailer <a href="https://www.forbes.com/companies/marks-spencer/" target="_self" class="color-link" title="https://www.forbes.com/companies/marks-spencer/" data-ga-track="InternalLink:https://www.forbes.com/companies/marks-spencer/" aria-label="Marks & Spencer">Marks & Spencer</a> (No. 6), boasts a female-majority board of directors, while nearly 50% of its senior management roles are filled by women, thanks in part to flexible work policies including job shares. “This year we announced the appointment of an all-female leadership team to head up our five new flagship stores,” says Sarah Findlater, human resources director at M&S, and “two of the new managers will job-share the role.”</p><fbs-ad position="topx" progressive="" ad-id="article-0-topx-2"></fbs-ad><figure class="embed-base image-embed embed-2" role="presentation"><div style="padding-top:46.84%;position:relative" class="image-embed__placeholder"><progressive-image src="https://specials-images.forbesimg.com/imageserve/653ffcc70ccb1d3aa7ebbca4/Panel-discussion-of-women-on-World-Menopause-Day/0x0.jpg?cropX1=0&cropX2=2048&cropY1=285&cropY2=1247" alt="Panel discussion of women on World Menopause Day" data-height="1426" data-width="2140"></progressive-image></div><figcaption><p class="color-body light-text">Marks & Spencer employees gathered on World Menopause Day on October 18, 2023, for a discussion on supporting female workers experiencing menopause.</p><small class="color-body light-text">Courtesy of M&S</small></figcaption></figure> <p>M&S has also made strides toward alleviating an often under acknowledged workplace issue: menopause. The company has a “menopause network,” which includes 2,800 employees—M&S’ largest colleague network (aka employee resource group). The network allows colleagues to share experiences, offer advice, and reduce the stigma associated with <a href="https://academic.oup.com/occmed/article/73/6/332/7237845" target="_blank" class="color-link" title="https://academic.oup.com/occmed/article/73/6/332/7237845" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://academic.oup.com/occmed/article/73/6/332/7237845" aria-label="menopause, which can impact">menopause, which can impact</a> work-related performance, <a href="https://www.mayoclinicproceedings.org/article/S0025-6196(23)00112-X/fulltext" target="_blank" class="color-link" title="https://www.mayoclinicproceedings.org/article/S0025-6196(23)00112-X/fulltext" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.mayoclinicproceedings.org/article/S0025-6196(23)00112-X/fulltext" aria-label="attendance and wages">attendance and wages</a>.</p> <p>Though menopause has not historically been the focus of office water cooler chats, it <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9819903/" target="_blank" class="color-link" title="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9819903/" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9819903/" aria-label="affects a growing proportion">affects a growing proportion</a> of the workforce, and research shows that manager awareness and support of it can improve worker satisfaction and productivity. Indeed, the menopause network at M&S has helped spur change at the company, including new menopause-friendly uniforms that are more comfortable and breathable and an updated human resources system that enables employees to denote menopause-related absences. “Making menopause part of our company language is an important step forward,” says Findlater.</p> <p>Despite these gains, work remains to be done to improve gender equity in the workplace—especially for women of color, says Kyle, who notes that the pay gap between <a href="https://www.pewresearch.org/social-trends/2023/03/01/the-enduring-grip-of-the-gender-pay-gap/#:~:text=Gender%20pay%20gap%20differs%20widely%20by%20race%20and%20ethnicity,-Looking%20across%20racial" target="_blank" class="color-link" title="https://www.pewresearch.org/social-trends/2023/03/01/the-enduring-grip-of-the-gender-pay-gap/#:~:text=Gender%20pay%20gap%20differs%20widely%20by%20race%20and%20ethnicity,-Looking%20across%20racial" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.pewresearch.org/social-trends/2023/03/01/the-enduring-grip-of-the-gender-pay-gap/#:~:text=Gender%20pay%20gap%20differs%20widely%20by%20race%20and%20ethnicity,-Looking%20across%20racial" aria-label="Black and Hispanic women and white men">Black and Hispanic women and white men</a> is much larger than the pay gap between white women and white men: “Employers have to understand that women are not a monolith, and the experiences of white women in the workplace are very different from the experiences of Black and Hispanic women.” As the Women in the Workplace report notes, over the past nine years, progress for women of color has lagged significantly behind the progress of white women in the U.S. In the past year alone, for every 100 men promoted from entry level to manager, 91 white women were promoted compared to 76 Hispanic women and 54 Black women.</p> <p>“When you look at diversity initiatives at companies, a very common result is that the entry level positions become more diverse, but the C-suite stays the same,” says Kyle. Progress, clearly, must continue. In the meantime, appreciate the efforts of the <a href="https://www.forbes.com/top-companies-women/" target="_self" class="color-link" title="https://www.forbes.com/top-companies-women/" data-ga-track="InternalLink:https://www.forbes.com/top-companies-women/" aria-label="World’s Top Companies for Women"><strong data-ga-track="InternalLink:https://www.forbes.com/top-companies-women/">World’s Top Companies for Women</strong></a>.</p><fbs-ad position="topx" progressive="" ad-id="article-0-topx-3"></fbs-ad> <h2 class="subhead-embed color-accent bg-base font-accent font-size text-align">Methodology</h2> <p>To create our ranking of the World’s Top Companies For Women 2023, <em>Forbes</em> partnered with market research firm <a href="https://www.statista.com/" target="_blank" class="color-link" title="https://www.statista.com/" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://www.statista.com/" aria-label="Statista">Statista</a> to survey approximately 70,000 women working for multinational corporations across 37 countries. Participants were asked—among other questions—if they would recommend their employer to friends or family and to rate the corporation on both general workplace practices and gender-specific issues including gender pay equity, the management of employee discrimination cases, and whether men and women have the same opportunities for advancement.</p> <p>Women were also asked to rate other companies within their respective industries and to evaluate the organizations based on their public image—such as whether a company positions its services or products to actively fight against gender stereotypes, and whether it promotes gender equality through marketing campaigns and nonprofit initiatives. Eligible companies were then assessed on the percentage of women in their leadership positions.</p> <p>Ultimately, such data points were combined to produce the scores that determined our final list.</p><hr class="embed-base rule-embed color-accent border-solid weight-light"> <p>As with all <em>Forbes</em> lists, companies pay no fee to participate. For questions about this list, please email: listdesk(at)forbes.com.</p><figure class="embed-base image-embed embed-3" role="presentation"><div><a class="image-embed-link color-link image-embed__placeholder" href="https://r.statista.com/en/employers/worlds-top-companies-for-women-2023/award/" target="_blank" rel="nofollow noopener noreferrer" aria-label="FORBES.com" style="padding-top:44.44%;position:relative" data-ga-track="ExternalLink:https://r.statista.com/en/employers/worlds-top-companies-for-women-2023/award/"><progressive-image src="https://specials-images.forbesimg.com/imageserve/6540634e6486eb933b62a714/WorldsTopCompaniesForWomen-CTA/0x0.jpg?fit=scale" alt="WorldsTopCompaniesForWomen-CTA" data-height="480" data-width="1080" data-ga-track="ExternalLink:https://r.statista.com/en/employers/worlds-top-companies-for-women-2023/award/"></progressive-image></a></div><figcaption><p class="color-body light-text"> </p><small class="color-body light-text">Forbes/Statista</small></figcaption></figure><fbs-ad position="topx" progressive="" ad-id="article-0-topx-4"></fbs-ad> <div class="newsletter_signup_article"></div></div><div class="sigfile article-body fs-responsive-text font-body"><span>Follow me on </span><a class="color-link" href="https://www.twitter.com/RachelPeachman" rel="nofollow noopener noreferrer" target="_blank">Twitter</a> or <a class="color-link" href="https://www.linkedin.com/in/rachelrabkinpeachman/" rel="nofollow noopener noreferrer" target="_blank">LinkedIn</a>. <span>Check out </span>my <a class="color-link" href="https://www.rachelrabkinpeachman.com." rel="nofollow noopener noreferrer" target="_blank">website</a>. <span>Send me a secure <a class="color-link" href="https://www.forbes.com/tips/" rel="nofollow noopener noreferrer" target="_blank">tip</a></span>. </div><div class="bottom-contrib-block"><div class="fs-author-group-wrapper"><div class="contrib-byline"><a class="fs-author-avatar" href="https://www.forbes.com/sites/rachelpeachman/" title="Photo of Rachel Rabkin Peachman"><img class="fs-author-image" src="https://specials-images.forbesimg.com/imageserve/671281d4377336b60e01a30a/400x0.jpg?cropX1=0&cropX2=1207&cropY1=91&cropY2=1299" alt="Rachel Rabkin Peachman"></a><div class="contrib-info"><div class="author-wrapper"><a class="author-name contrib-byline-author speakable-author color-body" href="https://www.forbes.com/sites/rachelpeachman/" title="https://www.forbes.com/sites/rachelpeachman/" aria-label="Rachel Rabkin Peachman" data-ga-track="contrib block byline">Rachel Rabkin Peachman</a></div></div></div><fbs-cordial type="Follow" natural-id="blogAuthorId/blog/author/5010950" author-slug="rachelpeachman" page-position="bottom"><a class="following-label" href="https://account.forbes.com/following" target="blank" title="https://account.forbes.com/following" aria-label="Following"><svg class="fs-icon fs-icon--check-mark" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20"><path fill-rule="evenodd" clip-rule="evenodd" d="M10 2.9c-3.9 0-7.1 3.2-7.1 7.1s3.2 7.1 7.1 7.1 7.1-3.2 7.1-7.1-3.2-7.1-7.1-7.1zm-.7 10.3l-3-2.1.7-1 2 1.4 3.4-4.9 1 .7-4.1 5.9z"/></svg><span>Following</span></a></fbs-cordial></div><p class="contrib-bio" data-author-html-description="<p>Rachel Rabkin Peachman is a Forbes senior editor covering lists and healthcare. She joined <em>Forbes</em> in 2023 and has since written about <a href="https://www.forbes.com/sites/rachelpeachman/2023/10/31/meet-the-worlds-top-companies-for-women-2023" class="color-link">pay equity in the workplace</a>, <a href="https://www.forbes.com/sites/rachelpeachman/2023/11/07/meet-americas-best-employers-for-veterans-2023/" class="color-link">veterans transitioning into civilian jobs</a>, and <a class="color-link" href="https://www.forbes.com/sites/rachelpeachman/2024/03/05/meet-americas-best-startup-employers-2024/">startups that are advancing healthcare technology and clean energy</a>. Throughout her career, she’s specialized in health, science, product safety and parenting—and written for outlets including <em>The New York Times, JAMA, Prevention</em> and <em>The Washington Post</em>. Peachman is also the coauthor of&nbsp;<em><strong>When Children Feel Pain: From Everyday Aches to Chronic Conditions,</strong></em> which won the 2023 Science in Society Journalism Book Award from the National Association of Science Writers. Previously, she was on staff at several publications including&nbsp;<em>Consumer Reports</em> where her&nbsp;investigations into dangerous infant sleepers and unstable dressers spurred the recall of millions of products and led to new laws. For this work, she won the Deadline Club Award for Magazine Investigative Reporting from the Society of Professional Journalists and was a finalist for the National Magazine Award for Public Service from the American Society of Magazine Editors. Peachman has a B.A. from the University of Michigan and an M.S. from Columbia Journalism School. Follow her on Twitter @RachelPeachman, email her at rpeachman [at] forbes.com or find her at&nbsp;<a href="https://protect-us.mimecast.com/s/7PVUC2kGBKsOEnK7uncP5E?domain=rachelrabkinpeachman.com" class="color-link" rel="nofollow noopener">www.rachelrabkinpeachman.com</a>.&nbsp;</p><p><em>Forbes reporters follow&nbsp;</em><a href="https://www.forbes.com/sites/forbesstaff/article/forbes-editorial-values-and-standards/?sh=423d83a533ea" class="color-link"><em><u>company ethical guidelines</u></em></a><em> that ensure the highest quality.</em></p>"></p></div><div class="article-footer bg-base" style="border:;"><ul class="footer-row color-body light-text print-tips"><li><a href="https://www.forbes.com/sites/forbesstaff/article/forbes-editorial-values-and-standards/" rel="noopener noreferrer" target="_blank">Editorial Standards</a></li><li><a href="https://www.parsintl.com/publications/forbes/" rel="noopener noreferrer" target="_blank">Forbes Accolades</a></li></ul><div class="footer-ad-labeling" aria-hidden="true" tabindex="-1"></div></div></div></div><div class="medianet-wrapper ad-unit mnet-bta"><div class="medianet fbs-ad--body-medianet-0-wrapper" data-position="body-medianet-0" data-size="800x200" data-tagId="846910971" data-params=""></div></div><div class="ow-container"><div class="openWebHeaderContainer desktop openWeb-premium"><div class="header"><h3 class="title">Join The Conversation</h3><div class="data"><span class="emoji"></span><span class="comments">Comments </span><span class="count content_653fc72716a8387acdc197b5"></span></div></div><div class="info"><p>One Community. 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