Women鈥檚 business network AllBright has launched the AllBright Alliance, a global collective of businesses committed to driving positive change for all women in the workplace.
The AllBright Alliance launches with seven founding corporate partners that include Eldridge, BNY Mellon Investment Management, HSBC, Simba Sleep, Northern Bloc, Visionable Healthcare and Chelsea FC.
Viviane Paxinos, CEO of AllBright, said: 鈥淲e are delighted to formally launch the AllBright Alliance and welcome our founding partners. They are joining a movement with a mission to find solutions to the challenges faced by women in the workplace.
鈥淥ver time, we look forward to welcoming more corporate employers to this collective and encourage interested organisations to contact AllBright.鈥�
The AllBright Alliance provides company members with frameworks to support, upskill, and advance the women in their workforce, including exclusive workshops and events, unique mentoring opportunities, and leadership training through the AllBright Elevator programme.
These businesses will also become part of AllBright鈥檚 global Mentor Matching programme as both mentors and mentees, with participants including professional athletes and senior executives at FTSE100 firms.
The founding partners of the AllBright Alliance have committed to meeting once a year to share best practices and learnings from the programme.
AllBright鈥檚 recent Future of Work survey found over a third (38 per cent) of women think their career progression would benefit from coaching and mentorship and over half (57 per cent) want to grow their external network in the next six months.
The new landscape of hybrid work means businesses must address a need for community and networking to close the gender gap or risk losing their most valuable resource.
Paxinos added:听鈥淭here鈥檚 a clear and urgent need for change, and a huge opportunity for organisations to step up and transform their businesses to drive progress towards equity faster.
鈥淣ow is the time to act to make work, work for all听women, regardless of age, stage, race or profession. This is not just good for all women, it鈥檚 good for business. In 2021, 73 per cent of businesses with gender equality practices increased their productivity and profitability.
鈥淭hat鈥檚 why AllBright has created the Alliance to support better recruitment, retention and progression and ultimately drive business success.
鈥淲e know that one in three women has considered downshifting their role or quitting due to burnout. Fawcett Society鈥檚 most recent Sex and Power Index also highlights that women make up just 8 per cent of FTSE100 CEOs.
鈥淲e鈥檙e looking forward to working with our corporate partners to provide the tools and networks needed to create the next generation of female leaders.鈥�
Chelsea FC co-owner Todd Boehly, who is the co-founder, chairman and CEO of Eldridge, said:听鈥淎llBright offers a comprehensive suite of dynamic events, tools, and networking opportunities to empower women looking to advance their careers and drive business success.
鈥淎s such, Eldridge is proud to be a founding member of the AllBright Alliance, and we are committed to supporting their growth as they continue to champion women.鈥�
Simba Sleep, Northern Bloc, Visionable Healthcare chair, Allan Leighton says:听鈥淎lthough there has been good progress on gender equality we fundamentally believe that by joining the AllBright Alliance, together we can speed that up.
We hope to send a powerful message to our female colleagues that we are invested in them and we鈥檙e committed to seeing them thrive.鈥�
AllBright is calling for leaders of organisations to join the collective, and equally encourages employees to nominate their companies to join. For more information, please visit听.
AllBright supports women at all ages and professional stages with online training courses, inspiring events, exclusive content and unrivalled networking opportunities. With a reach of 500,000, AllBright is a space for women to connect, network and learn from each other virtually and IRL.