Zoetis Wins 2024 Catalyst Award
18 Janvier 2024 - 2:00PM
Business Wire
- Prestigious award recognizes the company’s global initiative to
advance Diversity, Equity and Inclusion (DE&I)
- Zoetis is the first animal health company to receive this
honor
Zoetis Inc. (NYSE:ZTS) has been selected as a 2024 Catalyst
Award recipient for its global initiative, Awareness and Action
Drives Impact, that is advancing equity for women and other
underrepresented groups across the company — from the frontlines to
senior leadership. Zoetis is one of only two organizations
receiving this global award and is the first animal health company
to be recognized.
“We are truly honored to receive the 2024 Catalyst Award for our
global DE&I initiatives,” said Kristin Peck, CEO of Zoetis. “At
Zoetis, we embrace differences through intentional efforts that
drive equity and belonging. Our DE&I efforts will only continue
as we keep building a welcoming workplace and animal health
industry that celebrates uniqueness – and enables us to make a
positive impact on the lives of our colleagues and those who care
for animals.”
Highlights that Catalyst featured as part of Zoetis’ recognition
include:
- “Global culture, regional customization: Zoetis’ Core
Beliefs and global focus on inclusion serve as guiding principles
for fostering a sense of belonging and expanding opportunities
across the globe. At the same time, the company makes specific
efforts to address the unique needs of different regions.”
- “Frontline colleague inclusion: Women hold key
leadership roles across Zoetis’ two primary frontline functions of
manufacturing and sales, and career ladders and paths are available
to all frontline colleagues. Everyone has access to an
individualized development plan and support, and an understanding
of how to advance, as well as opportunities to work on different
projects or roles.”
- “Colleague Resource Groups (CRGs) are an important
catalyst to foster a diverse, inclusive environment at Zoetis,
while positively impacting the company’s business and community.
The CRGs bring together colleagues who share similar backgrounds,
experiences and interests to work toward common goals that align
with Zoetis’ strategic business priorities. CRGs also play a
tremendous role in helping leadership understand the obstacles that
different groups face, while promoting allyship and generating
ideas for solutions.”
- “Talent processes, both external-facing and
internal-facing, have a powerful impact on representation and
inclusion at Zoetis. External-facing processes include partnerships
with INROADS and MANRRS to share the value of careers in animal
health and increase the pool of underrepresented talent.
Internal-facing processes include strong, intentional succession
planning and access to sponsors, mentors, and leadership
development opportunities.”
As a result of Zoetis’ global initiative, between 2020-2023
women’s global representation increased from 47% to 50% among
senior and mid-level colleagues, and 44% to 49% (5 percentage
points) in other levels of the organization, including frontline
colleagues in manufacturing and sales. On the Board of Directors,
women’s overall representation increased from 36% to 42% (6
percentage points), and the representation of women from
marginalized racial and ethnic groups increased from 9% to 17% (8
percentage points).
Zoetis participated in a rigorous examination by Catalyst of the
company’s talent, diversity, equity and inclusion initiatives
requiring the company to show proven, measurable results that
benefit women across a range of dimensions. This was followed by
intensive on-site interviews to hear directly from colleagues about
their experiences at Zoetis as a result of the multi-year,
multi-faceted global initiative.
Zoetis will be honored at the Catalyst Awards Conference &
Gala on Tuesday, March 12, in New York City. This year’s theme, The
Catalyst Effect, celebrates the collective impact of individuals
committed to diversity, equity, and inclusion — who together can
create massive change.
Learn more
To learn more about Zoetis’ award-winning culture, visit
www.zoetis.com/join-us. More information about the 2024 Catalyst
Award can be found here.
About Zoetis
As the world’s leading animal health company, Zoetis is driven
by a singular purpose: to nurture our world and humankind by
advancing care for animals. After innovating ways to predict,
prevent, detect, and treat animal illness for more than 70 years,
Zoetis continues to stand by those raising and caring for animals
worldwide – from veterinarians and pet owners to livestock farmers
and ranchers. The company’s leading portfolio and pipeline of
medicines, vaccines, diagnostics and technologies make a difference
in over 100 countries. A Fortune 500 company, Zoetis generated
revenue of $8.1 billion in 2022 with approximately 13,800
employees. For more information, visit www.zoetis.com.
About Catalyst
Catalyst is a global nonprofit supported by many of the world’s
most powerful CEOs and leading companies to help build workplaces
that work for women. Founded in 1962, Catalyst drives change with
preeminent thought leadership, actionable solutions, and a
galvanized community of multinational corporations to accelerate
and advance women into leadership—because progress for women is
progress for everyone.
Since 1987, Catalyst has recognized 108 innovative and
pioneering initiatives at 96 organizations from around the world.
Catalyst Award Winners lead a community of forward-thinking
organizations that are developing new and impactful ways to advance
gender equity in the workplace.
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version on businesswire.com: https://www.businesswire.com/news/home/20240118247965/en/
Media: Laura Panza
laura.panza@zoetis.com 1-973-975-5176
Jenielle Alonso jenielle.alonso@zoetis.com 1-973-945-4333
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