Recent Updates
Recently added Catalysts
WST Positive Sentiment

West Named to Newsweek's America's Greatest Workplaces 2024 for Diversity West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, announced today that it...

Key Takeaway: West Pharmaceutical Services, Inc. has been named one of America's Greatest Workplaces for Diversity 2024 by Newsweek, highlighting its commitment to diversity, equity, and inclusion. The recognition stems from comprehensive surveys conducted with over 220,000 individuals and analyses of more than 1.5 million company reviews. West emphasizes a collaborative environment, boasting that 44% of its senior leadership comprises women and people of color, and actively promotes community support through significant charitable contributions. This accolade reflects West's dedication to fostering a diverse workplace and enhancing the overall employee experience.
Price reaction · baseline $398.27 (2024-02-06 close) · hit after-hours · clean, no other WST news in the window
day 0 close · peak
+3.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Recognized as one of America's Greatest Workplaces for Diversity 2024 by Newsweek.
  • 44% of senior leaders are women and/or people of color, showcasing diversity in leadership.
  • West invests over $1 million annually to support underserved communities.

Full Press Release Details

This award recognizes West's global impact and long-standing commitment to diversity, equity and inclusion.
EXTON, Pa. , Feb. 7, 2024 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST ) , a global leader in innovative solutions for injectable drug administration, announced today that it is recognized as one of America's Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group. This survey included interviews with over 220,000 individuals and analysis of more than 1.5 million company reviews collected in 2022 and 2023.
"As a global organization, we know that DEI benefits the entire workforce and supports the overall success of our people, customers and business, which is inherent to our core value of One West Team." said Annette Favorite, Sr. Vice President and Chief Human Resources Officer at West, "We are proud of this award, which celebrates that we offer a culture in which team members across the world — with varying life, educational, cultural and family experiences — all have a voice."
West is dedicated to fostering an environment that celebrates differences and promotes collaboration, ensuring every employee feels supported and has equal opportunities to thrive. Emphasizing diversity is a key aspect of West's recruitment strategy, and today at West, 44% of its senior leaders are women and/or people of color with 53% of them being promoted to senior leadership in 2023. Additionally, West offers Employee Business Resource Groups (EBRGs) in focus areas like multiculturalism, veterans and women's initiatives, with active chapters in regions where West operates.
West's commitment goes beyond its team members, with donations of more than $1 million each year for the last five years to over 40 charities supporting underserved communities from cradle to college, ensuring access to those most at risk and investing in the process with its community partners.
"Diversity is a widely discussed topic – and it remains a crucial factor as people look for an employer or a business partner. Newsweek and market-data research firm Plant-A Insights are proud to introduce 'America's Greatest Workplaces for Diversity 2024,' highlighting companies that are committed to offering diverse and inclusive work environment," said Nancy Cooper , Global Editor-in-Chief, Newsweek.
Read more about West's commitment to diversity in our 2022 ESG Report here .
For the complete Newsweek list of America's Greatest Workplaces for Diversity 2024, please visit https://www.newsweek.com/rankings/americas-greatest-workplaces-diversity-2024 .
West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services. As a trusted partner to established and emerging drug developers, West helps ensure the safe, effective containment and delivery of life-saving and life-enhancing medicines for patients. With 10,000 team members across 50 sites worldwide, West helps support our customers by delivering approximately 47 billion components and devices each year.
In 2023, West commemorated a century of groundbreaking innovation that has shaped the landscape of healthcare and impacted the lives of patients around the world. This milestone served as a testament to West's commitment to revolutionize drug delivery and enhance the overall patient experience. Headquartered in Exton, Pennsylvania , West in its fiscal year 2022 generated $2.89 billion in net sales. West is traded on the New York Stock Exchange (NYSE: WST ) and is included on the Standard & Poor's 500 index. For more information, visit www.westpharma.com .

Frequently Asked Questions

What award did West Pharmaceutical Services receive in 2024?

West received recognition as one of America's Greatest Workplaces for Diversity 2024.

How does West promote diversity and inclusion?

West fosters collaboration and support for all employees, ensuring equal opportunities.

What percentage of West's senior leaders are women or people of color?

44% of West's senior leaders are women and/or people of color.

How much does West donate annually to charities?

West donates over $1 million each year to more than 40 charities.

Where can I find West's 2022 ESG Report?

West's commitment to diversity is detailed in their 2022 ESG Report online.

Last updated: Feb 7, 2024