PARSIPPANY, NJ–(BUSINESS WIRE)–August 1, 2022–
50/50 Women on Boards (50/50WOB), the leading global education and advocacy campaign promoting gender balance and diversity on boards of directors, commends AdvanSix (NYSE: ASIX), the a leading maker of essential chemicals, as a “3+” company, for having three or more women on its board of directors.
“We are very proud of this recognition by 50/50 Women on Boards and thank them for their continued efforts to increase and maintain gender diversity on boards,” said Erin Kane, President and CEO and Member. of AdvanSix’s Board of Directors. “We know that diversity at all levels is key to strong business results, and we are committed to championing greater representation and inclusion from our shop floor to the AdvanSix boardroom every day.”
AdvanSix is committed to providing a workplace that reflects the diversity of the communities in which it operates. With four women directors representing more than 40% of its board seats and nearly 50% of 2021 new hires identifying as diverse, AdvanSix is making progress in its equity, diversity and inclusion mission. (ED&I).
“I have seen firsthand the power of a diverse and inclusive board and how it can benefit a company as well as its customers,” said Mike Marberry, Chairman of the Board of AdvanSix. . “Our directors are committed to continuing to champion diversity at all levels and we are proud of this recognition for our board of directors and the work AdvanSix is doing to achieve its ED&I mission.”
The company regularly creates opportunities for employees to engage and take action on ED&I, including conducting unconscious bias training and launching “Days of Understanding” sessions. The first sessions took place at AdvanSix’s largest manufacturing facility in Hopewell, Virginia, where employees were encouraged to listen to their colleagues’ experiences and learn from each other to understand and resolve differences, become better allies and grow as an organization. AdvanSix also joined the inaugural cohort of Dr. Steven L. Robbins’ Inclusion Academy.
“Wise investors and leaders continue to make institutional decisions that reinforce the business benefits of diverse boards,” said Betsy Berkhemer-Credaire, CEO of 50/50 Women on Boards. “We are pleased to recognize AdvanSix for prioritizing this business decision that benefits its shareholders, employees, customers and communities.”
“The value proposition for diversity and inclusion is clear,” Kane said. “When we have diverse representation at all levels of the workplace and a safe environment for people to be authentic, conventional perspectives are challenged, conversations are deepened and better decisions are made. We challenge all businesses to seek out more diversity, add and promote individuals from all backgrounds, and enable truly inclusive cultures.
AdvanSix plays a vital role in global supply chains, innovating and delivering essential products to our customers in a wide variety of end markets and applications that touch people’s lives, such as building and construction, fertilizers, agrochemicals, plastics, solvents, packaging, paints, coatings, adhesives and electronics. Our reliable and sustainable supply of quality products emerges from the integrated value chain of our five US-based manufacturing plants. AdvanSix strives to deliver a best-in-class customer experience and differentiated products in the nylon solutions, chemical intermediates and plant nutrient industries, guided by our core values of Safety, Integrity, Responsibility and Respect. . For more information about AdvanSix, visit http://www.advansix.com.
About 50/50 women on the boards of directors (50/50WOB )
50/50 Women on Boards (50/50WOB), a 501©3 nonprofit organization, is a leading education and advocacy campaign that encourages the movement toward gender balance and diversity in the workplace. boards of directors. The campaign publishes its 50/50 Women on Boards Gender Diversity Index TM directory and research reports to track the gender composition of corporate boards in the Russell 3000 by board size, state, sector and ranking. Public awareness campaigns and educational programs produced by 50/50WOB include The Global Conversation on Board Diversity; and educational workshops for women at various career levels aspiring to serve on corporate boards. For more information, visit: www.5050wob.com.
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KEYWORD: NEW JERSEY UNITED STATES NORTH AMERICA
KEYWORD INDUSTRY: PACKAGING CHEMICALS/PLASTICS MANUFACTURING AGRICULTURE NATURAL RESOURCES TEXTILES
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PUBLISHED: 08/01/2022 07:00/DISC: 08/01/2022 07:02