Topic
corporate-initiatives
2 stories related to this topic, newest first.
urbansketchers.orgworld78 days ago
Bicycle Company Paid $308,000 to Equalize Prize Money for Women Cyclists
A bicycle company disbursed approximately $308,000 between 2021 and 2025 to match prize money for female cyclists in races where women received less than men. The initiative addressed gender disparities in professional cycling earnings. The payouts decreased over time as more rac…
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Roger D Kidd / Wikimedia (CC BY-SA 2.0)finance78 days ago
Trek Distributes $308,000 to Equalize Prize Money for Women and Men in Cycling Races, 2021-2025
Bicycle company Trek disbursed approximately $308,000 to equalize prize money between male and female winners at cycling races over four years. The initiative began at the 2021 Paris-Roubaix Femmes and continued at other events. Fortune reported that such efforts have prompted mo…