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US companies slide down Equileap gender equality benchmark - Responsible Investor

Reported by Responsible-investor
Mar 4, 2026· 3 min read
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Key Takeaways
  • • U.S. companies have declined in Equileap's global gender equality rankings, losing ground relative to European and Asia-Pacific peers despite representing nearly half of the assessed dataset.
  • • Only 8 U.S. companies (0.5%) have achieved gender balance across all four measured leadership levels, indicating severe underperformance in executive diversity metrics.
  • • Women's representation in U.S. corporate leadership remains stagnant: CEO positions hold only 7% women (unchanged for three years), and executive roles average 23%, up just one percentage point since 2024.
  • • U.S. firms have fallen from the top 100 global performers on gender equality, with the annual assessment showing a continued decline in the number of American companies included in Equileap's elite rankings.
  • • Gender pay gap disclosure has improved globally (rising to 48% in 2026 from 15% in 2021), but U.S. companies trail Europe, Australia, New Zealand, and Japan—regions driving legislative mandates and actual gap closure (57 companies globally closed gaps in 2026, up from 36 in 2025).
Summary
U.S. companies have slipped significantly in Equileap's 2026 Gender Equality Report and Ranking, marking a continuation of a declining trend in gender diversity performance on the global stage. According to the assessment, American businesses now lag substantially behind their European and Asia-Pacific counterparts, a troubling reversal for a dataset that includes nearly half of all measured companies. The U.S. performance decline stands in stark contrast to "historic leaps forward" recorded by companies in developed markets in Europe and the Asia-Pacific region.

The data reveals structural stagnation in American corporate leadership diversity. Women account for only 7% of CEO positions across assessed U.S. companies—a figure that has remained unchanged for three consecutive years—while executive roles average 23% female representation, a gain of merely one percentage point since 2024. Most alarmingly, only 8 U.S. companies (0.5% of the sample) have achieved gender balance at all four measured leadership levels, exposing a severe concentration of achievement among a tiny fraction of American firms.

The gap between disclosure and actual progress underscores systemic challenges in the U.S. market. While gender pay gap transparency has risen globally to 48% in 2026 from 15% in 2021, the percentage of companies actually closing gender pay gaps remains negligible. This divergence between reporting and remediation is particularly acute in the United States, where legislative drivers are weaker than in Europe, Australia, New Zealand, and Japan—jurisdictions where new and strengthened legislation has spurred both disclosure and measurable gap closure. Globally, 57 companies closed their gender pay gaps in 2026, up from 36 in 2025, yet U.S. firms represent a disproportionately small share of this progress.

The 2026 rankings place leading performers in non-U.S. markets at the summit: Canada's National Bank of Canada leads globally, followed by Australian companies Transurban Group, Helia Group, The GPT Group, and Coles Group. This repositioning reflects divergent regulatory environments and corporate commitment levels. The continued decline in U.S. representation within Equileap's top 100 global performers signals that American businesses risk falling further behind as international standards and competitive pressures on talent and capital allocation increasingly favor gender-balanced enterprises.

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Responsible-investor US companies slide down Equileap gender equality benchmark - Responsible Investor