Every March, Womenβs History Month is a time to reflect on the progress made toward gender equality while recognizing the challenges that still exist. From closing the gender pay gap to increasing womenβs leadership representation, thereβs still work to be doneβand businesses play a vital role in creating that change.
At Herbaland, we believe in empowering women, championing diversity, and creating social impact in our communities. As a 50% women-founded company, weβre proud to uplift women inside and outside our business. However, in recent months, weβve seen a backlash against Diversity, Equity, and Inclusion (DEI) efforts, especially in the corporate world. So, what does Womenβs History Month stand for? And why does gender equality still matter? Letβs answer those questions!
The Barriers Women Still Face in Leadership & Pay Equity
While progress has been made, the numbers donβt lieβwomen continue to be underrepresented in leadership and paid less for the same work.
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In Canada, women working full-time still earn 89 cents for every dollar men make, and for racialized and Indigenous women, the gap is even wider (Statistics Canada, 2023).
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Only 35% of management roles in Canada are held by women, even though they make up 48% of the workforce. The percentage drops even further at the executive level (McKinsey, 2023).
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Among Canadaβs top 100 publicly traded companies, just 6% of CEOs are womenβa glaring statistic that highlights the lack of representation at the highest levels (Globe and Mail, 2023).
Pay gaps and leadership barriers arenβt just moral issuesβtheyβre economic ones. Studies show that closing the gender gap could add $150 billion to Canadaβs economy by 2026, yet businesses are still slow to take action.
The DEI in Business Backlash: Why Businesses Shouldnβt Step Back
Diversity, Equity, and Inclusion (DEI) refers to the commitment organizations make to ensuring equal opportunities, fair treatment, and an inclusive work environment for all employees, regardless of gender, race, or background. Numerous studies prove that DEI-friendly workplaces perform better financially, innovate more, and have higher employee satisfaction rates.
However, in recent months after Trumpβs appointment to office, some of the biggest companies in the worldβincluding Google, Meta, Disney, and PepsiCoβhave either cut funding for DEI programs, laid off DEI staff, or removed DEI initiatives altogether.
Collectively, these four companies employ just under 1 million people and influence the lives (and perceptions) of millions more. The concern is that when industry giants de-prioritize diversity, smaller businesses follow suit, setting back years of progress in workplace equality.
Despite the backlash, businesses that prioritize DEI actually see higher performance and profitability. Companies in the top quartile for gender diversity are 25% more likely to outperform competitors financially (McKinsey, 2023). Moreover, workplaces with strong DEI cultures report higher employee retention and engagement rates, leading to better productivity and lower turnover costs (Deloitte, 2023).
Womenβs History Month 2025: A Yearlong movement at Herbaland
At Herbaland, we walk the talk when it comes to womenβs empowerment.
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50% of our co-founders are women β Herbaland was co-founded by Aisha Yang, who has led the company to international success.
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50% of our management team is made up of women in key leadership roles, including Offline and Online Sales, Finance, Quality Control, and HR.
By ensuring women have a seat at the table in decision-making, weβre fostering a more inclusive and dynamic work cultureβone that values leadership, innovation, and diverse perspectives.
How To Join the Movement
Empowering women isnβt just about grand gestures or big corporate initiativesβitβs about everyday actions that add up over time. You donβt have to be a B Corp or a business owner to make a difference. Hereβs how you can support womenβs empowerment:
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Support women in business and women-led businesses
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Advocate for fair pay and opportunities in your workplace
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Challenge gender bias when you see it
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Educate yourself on womenβs contributions to history and society
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Be more skeptical of businesses that claim inclusivity without action (spoiler: a lot of them are false!)
At Herbaland, we believe in using business as a force for good. If youβd like to collaborate or get involved with any of our initiatives, reach out to usβweβd love to hear from you.
Happy Womenβs History Month! Letβs keep making progressβtogetherππ.