Coats Brazil has been named as one of the Best Companies to Work for Women by the Great Place to Work Institute (GPTW). Coats was classified as one of the best 35 companies in the large company category which includes those with 1000 employees or more. GPTW is a global research and training consultancy which supports organisations to create high performing workplaces through a culture of trust, high performance and innovation where employees feel trusted and valued.
The announcement was made at RH Summit, the largest HR event in Latin America, which this year took place online in June. It was attended by business leaders and senior HR representatives from Brazil’s leading industries and sectors.
Douglas Aceiro, Managing Director, South America Cluster, Coats, said: ‘Promoting gender equality in our policies and practices is a key part of our People strategy at Coats and it is tremendous that we have been recognised for excelling in this. We take pride in being a great company to work for and this certification is testament to our work in diversity and inclusion.
This year marks our 113th anniversary in Brazil and I’m very proud to be part of such an excellent and diverse team. I would like to thank all our teams and people for this achievement.’
A total of 575 companies from across Brazil participated in the GPTW survey which is based around a rigorous evaluation process. The key criteria for the ranking is the level of trust employees have in their organisation. This is measured using two methods. First, the culture of the organisation is surveyed through a Trust Index, which is modelled on five dimensions found in the employee view of a great workplace, including values, opportunities and wellbeing. That is then followed by an evaluation of the actions taken to promote gender equality. The Culture Audit looks at nine areas from the management definition of a great workplace, including development, inspiration and celebration.
Coats Brazil started a focused programme to support the development of women in the workplace in 2017 and over the last three years has been partnering with the consulting firm, Impuslo Beta who specialise in delivering diversity training to multinational companies in Brazil. The training includes a series of initiatives and programmes which includes the mentoring programme in partnership with Impulso Beta and ESPM University; workshops for leaders about unconscious bias and gender stereotypes; and coaching sessions on how to improve gender diversity.
The recognition follows Coats Brazil being certified as a Great Place to Work for the third consecutive year. 2020 also marks the 113th anniversary of Coats starting its operations in Brazil.
Coats is the world’s leading industrial thread company. At home in some 50 countries, Coats has a workforce of 17000 people across six continents. Revenues in 2019 were USD 1.4 billion.
Coats’ pioneering history and innovative culture ensure the company leads the way around the world. It provides complementary and value added products, services and software solutions to the apparel and footwear industries. It applies innovative techniques to develop high technology Performance Materials threads, yarns and fabrics in areas such as Transportation, Telecommunications and Energy, and Personal Protection.
Headquartered in the UK, Coats is a FTSE 250 company, a constituent of the FTSE4Good Index Series and a participant in the UN Global Compact. It is also the Official Thread Supplier to the Royal Shakespeare Company.