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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Tenaris S.A.    TEN   LU0156801721

TENARIS S.A.

(TEN)
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Tenaris S A : receives the Gold Seal for gender equality in Colombia

10/29/2020 | 02:30pm EST

PUBLISHED ON 10/29/2020

Five years after Tenaris and the Colombian government signed an agreement of intent to promote employment equality the company has been awarded the Equipares Gold Seal, the highest distinction in this field.

'This award is a major source of pride for us as it shows the progress we have made in creating equitable spaces to allow our employees to develop and grow,' says Vicente Manjarrez, President of Tenaris for the Andean region.

The Equipares Employment Equity Seal is a certification program for gender equality management systems which aims to encourage organizations to reduce inequality in the workplace.

Tenaris has been working to level the playing field in recruitment and selection processes, promotion and professional development, training, remuneration and salary, reconciling the family life-work balance with joint responsibility, among others equality topics.

One of the milestones in the accreditation process occurred in 2015 when Tenaris brought onboard 91 female operators at the coupling plant, a first for the company in Colombia. By 2019, the female participation rate at Tenaris in the country stood at 15%, with 84 of these in administrative positions and 87 in operational roles.

'I'd like to point out the TenarisUniversity program, an initiative designed to offer men and women equal training opportunities for development,' says Alejandro Pacheco, the Deputy Resident Representative of the United Nations Development Program (UNDP) in Colombia.

Tenaris is committed to contributing to the achievement of the Sustainable Development Goals defined by the United Nations in 2015 which includes gender equality as one of the areas of work. To read more on Tenaris's commitment to diversity, click here

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Disclaimer

Tenaris SA published this content on 29 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2020 19:29:01 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 5 097 M - -
Net income 2020 -544 M - -
Net cash 2020 956 M - -
P/E ratio 2020 -16,9x
Yield 2020 2,11%
Capitalization 9 563 M 9 595 M -
EV / Sales 2020 1,69x
EV / Sales 2021 1,76x
Nbr of Employees 23 200
Free-Float 39,5%
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Mean consensus HOLD
Number of Analysts 13
Average target price 7,72 $
Last Close Price 7,62 $
Spread / Highest target 55,4%
Spread / Average Target 1,36%
Spread / Lowest Target -31,4%
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Managers
NameTitle
Paolo Rocca Chairman & Chief Executive Officer
Alicia Mondolo Chief Financial Officer
Marcelo Ramos Chief Technology Officer
Roberto Luis Monti Independent Director
Guillermo Francisco Vogel Hinojosa Co-Vice Chairman