Promoting Women is Good Business Says World Bank, UN Women

 

Ten Fortune 500 companies across ten industries have opened their gender diversity figures to UN Women for a report on gender parity. In the ten companies – AccorHotels, Barclays, Koç Holding, McKinsey & Company, PricewaterhouseCoopers (PwC), Schneider Electric, Tupperware Brands, Twitter, Unilever and Vodafone – women’s participation at senior leadership levels is between 11% and 33%. UN Women says companies with the highest representation of women in executive committees and positions perform and compete better than their counterparts.

 

While none of these companies has achieved gender parity in the top 6% of roles, Barclays, PwC, Tupperware and Unilever have achieved gender parity in new hires, and AccorHotels and Tupperware have achieved board parity (between 40-60%).

 

The World Bank issued a new resource covering over 200 countries, and detailing: businesses with female owners or females in top management positions; women in ministerial-level government positions; women and men with mobile phones; and women and men who saved money over the past year. The ‘Little Data Book on Gender 2016′ demonstrates that gender equality is “not only a core development objective, but smart economics.”

 

How are your company’s equality practices good for business?

 

Join GSC 17 / 17 SDGs Initiative to showcase your sustainability leadership. Contact Louis Coppola, louis.coppola@gscouncil.org, to find out more.

 

SDG 9 is about Industry, Innovation & Infrastructure.

Goal 9’s targets call for: developing quality, reliable, sustainable and resilient infrastructure; promoting inclusive and sustainable industrialization; raising industry’s share of employment and GDP; improving access to financial services for small-scale enterprises; upgrading infrastructure and retrofitting industries for better resource-use efficiency and clean and environmentally sound technologies and industrial processes; and upgrading the technological capabilities of industrial sectors in all countries.

 

In addition, SDG 9 supporters are called on to: encourage innovation; enhance financial, technological and technical support to the countries most in need; support domestic technology development, research and innovation in developing countries; and increase access to information and communications technology including universal and affordable access to the internet in least developed countries.

 

SDG 9 in Action
3S Impact Sourcing 2015 Award Nominee: Protoprint
Protoprint provides low-cost technology for waste picker co-operatives in India, to add value to the waste plastic they collect, by allowing them to turn it into 3D printer filament. Production takes place in a shed at the garbage dump, and Protoprint pays Rs.300/kg of filament processed (as compared to Rs.14/kg the wastepickers normally get by selling the plastic to scrap dealers). Learn more.

 

It’s your turn! How do you contribute to resilient infrastructure, inclusive and sustainable industrialization, and innovation?

SDG 10 is about Reduced Inequalities.

Goal 10’s targets address: income growth for the bottom 40% of the population; social, economic and political inclusion for everyone, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status; social protection policies; regulation and monitoring of financial institutions and markets; enhancing the representation and voice for developing countries in global international economic and financial institutions; and safe migration.

 

SDG 10 supporters can help by reducing transaction costs for migrant remittances, and increasing foreign direct investment to the developed countries, African countries, and small island developing States.

 

SDG 10 in Action
Fight for 15 is a movement of employees to secure $15/hour for low-wage jobs and the right to form a union.It’s your turn! How do you contribute to equality within and among countries?

 

SDG 11 is about Sustainable Cities and Communities.

Goal 11’s targets highlight: access to adequate, safe and affordable housing and basic services; access to safe, affordable, accessible and sustainable transport systems ;  improving road safety, expanding public transport; inclusive and sustainable urbanization; protecting the world’s cultural and natural heritage; reducing deaths and economic losses from disasters; air quality and municipal waste management; and universal access to safe, inclusive and accessible, green and public spaces.

 

SDG 11 supporters can assist least developed countries in building sustainable and resilient buildings utilizing local materials.

 

SDG 11 in Action
3S Community Engagement 2015 Award Nominee: Paradign Initiative Nigeria
Paradigm’s L.I.F.E. program – L.I.F.E.(Life Skills, ICTs, Financial Readiness and Entrepreneurship Skills) is a train-the-trainer capacity building initiative to transform slums in Nigeria, as a model of intervention for other underserved communities. Training participants are then either matched with companies to complete internships or supported to pursue their entrepreneurial interests. Learn more.

It’s your turn! How do you contribute to inclusive, safe, resilient and sustainable cities and other settlements?

 

Join GSC 17 / 17 SDGs Initiative to showcase your sustainability leadership. Contact Louis Coppola, louis.coppola@gscouncil.org, to find out how.

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