Business leaders across the globe agree that gender equality is a business priority. To date, close to 4,000 top executives have committed to the Women’s Empowerment Principles, recognizing that advancing gender equality is not only the right thing to do, it is also good for business. Yet research shows that less than 30% of companies are setting concrete goals and targets to enable progress and ensure accountability. Target Gender Equality is an accelerator programme run in collaboration with Global Compact Local Networks that supports companies in setting and meeting ambitious targets for women’s representation and leadership in business.
In collaboration with our Partners:
Target Gender Equality is mobilizing and supporting companies to set ambitious targets and take bold action to advance gender equality across all regions of the globe. The programme is run in collaboration with Global Compact Local Networks. Learn more by clicking on the participating countries below.
Target Gender Equality: Taking Action in Response to COVID-19
The COVID-19 pandemic is disproportionately impacting women and widening the gender gap. Among other things, the majority of jobs lost due to the pandemic belonged to women. Domestic violence has increased by upwards of 33% in some countries. And many women have had to step away from their paid jobs – partially or fully – to care for children, as well as elderly and sick family members. However, the current crisis also provides a rare chance to disrupt gender stereotypes, show that leadership and decision-making should be shared responsibilities, and build back better and more gender inclusive.
In May 2020, the UN Global Compact launched a Target Gender Equality COVID-19 Quiz to draw attention to the gender dimension of the pandemic and call for the doubling down of efforts to address barriers to women’s empowerment, participation and leadership.
Aggregated responses by over 1000 users show that commitment to advance gender equality remains high and policies and practices seem to be reviewed accordingly. However, only around half of companies are applying a gender lens to philanthropy, data collection, and value chains. Areas that lag behind include marketing efforts, support for women owned businesses, and action on domestic violence.
When She Leads
Target Gender Equality aims to scale up stories of action and impact across the globe, amplifying the voices of Global Compact companies and the individuals that are driving change within their organizations and beyond.
Running a leading construction company in Kenya, Sharon Thuku knows first hand the bias that women in male dominated industries face. Now she's focused on equipping young women with the skills needed to compete
Driving renewable energy in India, Vaishali Nigam Sinha is tackling the climate crisis keeping in mind its disproportionate effects on women. In her daily life, personally and professionally, she's committed to challenging gender norms
At the end of 2020, the SBTi (Science Based Targets Initiative) will issue a guidance for Oil & Gas company emissions reduction targets to be aligned with the level of transformation required to meet the goals of the Paris Agreement. This edition of the Practical Guidance for Oil and Gas Activities does not include any specific references to emission reduction targets within that industry.
CaixaBank is participating in Target Gender Equality in Spain and is aiming to have 43% women in management positions by 2021 - Learn more about CaixaBank's targets & actions!