The United Nations Global Compact (UNGC) is the world’s largest corporate sustainability initiative. It supports business to do business responsibly by aligning strategies and operations with universal principles on human rights, labor, environment and anti-corruption.
The principles of the UNGC, in line with the UN Sustainable Development Goals, underscore women’s empowerment as a vital developmental target and emphasize the importance of dealing with gender inequality- which in turn allows for an exponential change in other areas of global development. The participation of privative sector is essential because women’s employment gives impetus for economic growth and development, and that the private sector provides a large majority of employment opportunities.
The Women’s Empowerment Principles: Equality Means Business
The Women’s Empowerment Principles are the result of a partnership between the UN Global Compact and UN Women and enable businesses to empower women in the workplace, marketplace and community.
Establish high-level corporate leadership for gender equality
Treat all women and men fairly at work – respect and support human rights and non-discrimination
Ensure the health, safety and well-being of all women and men workers
Promote education, training and professional development for women
Implement enterprise development, supply chain and marketing practices that empower women
Promote equality through community initiatives and advocacy
Measure and publicly report on progress to achieve gender equality
How to Get Involved
Not only is it morally important to advance the case for gender equality, but it is, in fact, good for your business. Research indicates that businesses that invest in women’s empowerment benefit from overall productivity, organizational effectiveness, return on investment and higher consumer satisfaction. What you can do in the UAE:
Global Compact Local Networks –Join the UAE Local Network to understand how you can empower your business in a local context.
Invite your Chief Executive Officer (CEO), or equivalent, to issue a CEO Statement of Support. The Statement encourages business leaders to use the seven Principles. It also asks you to communicate your progress through sex-disaggregated data and other benchmarks. Learn more here: http://weprinciples.org/Site/CeoStatement/