Who are Renishaw?

Renishaw is one of the world’s leading engineering and scientific technology companies, with expertise in precision measurement and healthcare. The company supplies products and services used in applications as diverse as jet engine and wind turbine manufacture, through to dentistry and brain surgery. It is also a world leader in the field of additive manufacturing (also referred to as 3D printing), where it designs and makes industrial machines which ‘print’ parts from metal powder.

The Renishaw Group currently has 79 offices in 37 countries, with over 4,500 employees, of which over 2,500 people are employed within the UK. The majority of the company’s R&D and manufacturing is carried out in the UK and for the year ended June 2020 Renishaw achieved sales of £510 million, of which 94% was due to exports. The company’s largest markets are China, USA, Japan and Germany.

What projects / schemes / initiatives to support women’s recruitment, retention and progression in STEM are Renishaw involved in?

Renishaw’s Diversity and Inclusion Group has recently been formed, “to establish a more inclusive culture and diverse workforce at Renishaw by setting clear objectives and promoting equality and diversity through a committed collaborative approach”. We are achieving this by using awareness days throughout the year to inform, educate and celebrate a variety of D&I topics.

Following the creation of the D&I Group, we are now in the process of establishing a Gender Pay Gap Group (GPGG) to work collaboratively with the D&I Group to focus on issues relating to gender. The GPGG will be responsible for co-ordinating the annual Gender Pay Gap Report and will create objectives to better understand and reduce Renishaw’s pay gap.  

Renishaw is committed to the long-term strategy of addressing the skills gap and improving diversity in the engineering and science industries. Our long-standing Education Outreach programmes continue to engage with schools, to excite students about STEM, with a particular emphasis on encouraging students from backgrounds currently less represented in the industry, including girls, to consider a career in engineering. Our programmes, which start from year 5 pupils, is supported by 142 STEM ambassadors, 37% of which are female. We hope that this long-term strategy of encouraging women to pursue STEM careers, will result in a more diverse pool of potential candidates for senior roles in the future.

Why did Renishaw join WISE?

“Renishaw recognises that we have a gender imbalance in our organisation, like many STEM businesses. We are continually looking at ways we can address this, in line with our company strategy. Joining WISE will allow us to benchmark our progress externally and take advantage of good practice and knowledge sharing.”

– Renishaw’s Diversity & Inclusion Group

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