Arjuna's Lamb Says Pay Gap Issue Is a 'Tipping Point' for Citigroup

The video discusses Citigroup's response to shareholder pressure to address gender pay gaps, highlighting the broader campaign led by Arjun Capital. It explores the impact of regulatory and public pressures, such as the Me Too movement, on corporate transparency and accountability. The video also covers global disclosure requirements and Citigroup's adjustments to achieve equal pay. Finally, it touches on the responses from other financial services companies following Citigroup's lead.

What was a significant factor that prompted Citigroup to address the gender pay gap?

• A change in company leadership

• A sudden drop in profits

• Shareholder pressure and public movements

• A new government regulation

Which countries have been proactive in addressing gender pay gaps, according to the transcript?

• France and Italy

• Iceland and Germany

• Spain and Portugal

• Canada and Australia

Why might multinational firms like Citigroup be hesitant to disclose gender pay gap data in the US?

• High costs of data analysis

• Fear of public backlash

• Lack of regulatory requirements

• Insufficient data collection methods

What percentage of men's pay did Citigroup report women earned on average?

• 100%

• 99%

• 97%

• 95%

What structural issue is highlighted in the financial services sector regarding gender pay?

• Insufficient training for women

• Men holding most high-paying senior roles

• Lack of female employees

• Higher turnover rates for women