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Oil and gas gender diversity survey results

Our survey highlights the need for diversity to help navigate the disruption in the oil and gas sector and the value diversity brings to bottom line.

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Oil and gas gender diversity survey results

  1. 1. Oil and gas gender diversity survey The results April 2016
  2. 2. Page 2 Survey demographics overview Oil and gas gender diversity study Overview 236 responses from 35 countries Men: 41% Women: 59% Regions Americas: 50.8% EMEIA: 40.7% Asia-Pacific: 8.5% Company size $1bn-5b: 18.2% $5b-10b: 10.2% $10b+: 33.5% N/A: 9.7% Age 25-43: 12.5% 35-44: 32.6% 45-54: 35.2% 55+: 19.9% Role Global board executive: 3.4% Senior management: 25.8% Head of business unit: 18.6% Senior director: 8.1% Senior manager: 32.2% Manager: 11.9% Career path Worked in sector whole career: 48.4% vs. Moved to sector from another industry: 51.7% Background Finance: 46% Engineering: 13.1 Legal, policy: 8.1% General manager: 4.7% Technology: 3.4% Sales: 6.4% Other: 17.8% Time in sector 0-5 years: 16% 6-10 years: 23% 11-20 years: 30% 21-30 years: 22% 31-40 years: 9% Figures may not add up to 100% because of rounding
  3. 3. Page 3 64% believe their business model needs to fundamentally change in order to survive and thrive. Oil and gas gender diversity studyPage 3
  4. 4. Page 4 94% 73% 55% believe diversity of thought and experience will be key to helping navigate change. say their leadership teams do not have enough diversity of thought and experience believe they will need to dramatically change the way they attract, retain and promote talent Oil and gas gender diversity studyPage 4
  5. 5. Page 5 ► Less than a quarter (16%) say their organization is very effective at retaining women. ► 15% say they are very effective at promoting women into leadership positions. ► Only one in ten say their organization is very effective at identifying future female leaders. 62% believe the sector is facing a looming talent crisis Oil and gas gender diversity studyPage 5
  6. 6. Page 6 Which of the following will be the most important to get or maintain the right skills and expertise within your leadership team? Oil and gas gender diversity study 41% 67% 24%recruitment from within the sector recruitment from outside the sector training and development Page 6
  7. 7. Page 7 1 January 2014 Presentation title 63% of the respondents say women remain the biggest underutilized talent resource in the sector. Oil and gas gender diversity studyPage 7
  8. 8. Page 8 Overall, how effective do you think your organization has been at the following over the past five years? Oil and gas gender diversity study 76% 51% 75% think their company has been effective at attracting women to the organization think their company has been effective at retaining women in the organization think their company has been effective at promoting women into leadership 47% think their company has been effective at identifying future female leaders
  9. 9. Page 9 1 January 2014 Presentation title ► Our research suggests that oil and gas companies have not yet taken the action required to address the gender diversity gap. ►78%agree that they need to be doing more as an organization to attract, retain and promote women into leadership positions. Oil and gas gender diversity studyPage 9
  10. 10. Page 10 Skills within organization Considerable expertise currently exists within the organization Oil and gas gender diversity study 0% 10% 20% 30% 40% 50% 60% Technical expertise in the exploration and production in the oil and gas value chain Customer experience and relationship management Knowledge of policy and regulatory agenda Innovation capital management skills to replace or build new infrastructure Managing big data and analytics Knowledge and insight from other sectors Strategic innovation and new business model development
  11. 11. Page 11 Oil and gas companies lack a structured approach to developing female leaders; only 12% have a formal program to identify and develop women’s leadership careers, while 50% have no program and do not intend to change. Oil and gas gender diversity studyPage 11
  12. 12. Page 12 For the full survey results and actions you can take to develop gender diversity, visit ey.com/oilandgas/women Oil and gas gender diversity studyPage 12
  13. 13. EY | Assurance | Tax | Transactions | Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. How EY’s Global Oil & Gas Sector can help your business The oil and gas sector is constantly changing. Increasingly uncertain energy policies, geopolitical complexities, cost management and climate change all present significant challenges. EY’s Global Oil & Gas Sector supports a global network of more than 10,000 oil and gas professionals with extensive experience in providing assurance, tax, transaction and advisory services across the upstream, midstream, downstream and oilfield subsectors. The Sector team works to anticipate market trends, execute the mobility of our global resources and articulate points of view on relevant sector issues. With our deep sector focus, we can help your organization drive down costs and compete more effectively. © 2016 EYGM Limited. All Rights Reserved. EYG no. 00778-164Gbl. ED None This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice. ey.com/oilandgas/women 00778-164Gbl.

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