| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| Bloomberg ticker | 2181 JP |
| ISIN code | JP3547670004 |
| Industry group | Commercial and Professional Services |
| Aligned with SDGs |
Persol is a Japanese staffing and recruitment company. In Japan, the company is active in staffing, recruitment and business process outsourcing. In Southeast Asia, the company provide recruitment services in a JV with Kelly Services. In Australia, it is active in staffing and maintenance business. Persol serves a wide variety of corporate customers focusing on clerical work, marketing and sales, R&D, manufacturing, IT and engineering. The company was founded in 1973 (and still chaired) by Mrs Shinohara to provide employment for women. Headquartered in Tokyo, the company employs 55,000 permanent workers and over 100,000 contract workers of whom 70% are female.
Investment rationale
Persol helps people find long-term or permanent employment ensuring a higher level of financial safety for many people. The origin of Persol is to provide employment for female workers. Today, around 70% of people employed by the company in Japan are women. The company has a policy ensuring Equal Work Equal Pay whereby contract workers receive the same salary and benefits as permanent workers. By offering individual education and training programs the company is supporting workers to develop more skills and improve employment opportunities.