Bells Ring around the world to signal that Gender Equality is fundamental to business
6 March 2017
- Women take home 1/10 of global income while accounting for 2/3 of global working hours;
- Girls and women have equal access to education in only 25 countries;
- 1/3 experience physical or sexual violence in their lifetimes;
- According to a 2016 review of 1,000 listed companies by Bloomberg LP, the average representation of women in the leadership was 23% in senior management; 21% on boards; 4% have a female chairperson; and 3% have a female CEO.
- Female representation in leadership has shown to improve performance metrics such as ROA, ROE, and EPS while reducing volatility;
- Family leave can boost employee morale, reducing turnover and making it easier for businesses to retain skilled workers
- If better served, women-owned small businesses could add around $285 billion to the global economy
- The global economy could be up to $28 trillion larger in 2025 if gender gaps were eliminated.
About the Partner OrganizationsIFC As a member of the World Bank Group, IFC is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org. UN Global Compact The United Nations Global Compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals. The UN Global Compact is a leadership platform for the development, implementation and disclosure of responsible corporate practices. Launched in 2000, it is the largest corporate sustainability initiative in the world, with more than 8,000 companies and 4,000 non-business signatories based in over 170 countries, and more than 85 Local Networks. For more information, visit www.unglobalcompact.org. Follow us on Twitter: @globalcompact UN Women UN Women is the UN organization dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide. UN Women supports UN Member States as they set global standards for achieving gender equality, and works with governments and civil society to design laws, policies, programmes and services needed to implement these standards. UN Women also coordinates and promotes the UN system’s work in advancing gender equality. For more information, visit www.unwomen.org Women in ETFs Women in ETFs is the first women’s group for the ETF industry. Founded in January 2014, WE is a non-profit organization that brings together over 2,500 members, including women and men, in chapters in major financial centers across the United States, Canada, EMEA and Asia Pacific to further the careers of women by leveraging our collective skill and ambition. Women in ETFs brings together women and men in the ETF industry in the United States, Canada, EMEA and Asia Pacific to: 1. CONNECT: Create opportunities for professional advancement of women by expanding connections among women and men in the ETF industry, 2. SUPPORT: Offer guidance for the current and next generation of women in ETFs and 3. INSPIRE: Provide forums for education and idea sharing across the industry and beyond. For more information, visit: www. womeninetfs.com Follow us on Twitter: @WomeninETFs. Follow us on Linkedin: Women in ETFs World Federation of Exchanges (WFE): Established in 1961, the WFE is the global industry association for exchanges and clearing houses. The WFE is the definitive source for exchange-traded statistics and publishes over 350 market data indicators. WFE exchanges are home to nearly 45,000 listed companies. The WFE promotes the development of fair, efficient and transparent markets. It works with policy makers, regulators and standard-setters around the world to support the development of effective rules and standards for exchanges and market participants. For more information, please visit: https://www.world-exchanges.org
About the SSE
The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.