Leaders from Member States, civil society, women’s rights organizations, international organizations, UN agencies, philanthropic entities, youth-led organizations, and the private sector come together to make a commitment to deliver game-changing results for women and girls”. This statement follows the formation of the Global Leaders of the Generation Equality Actions Coalitions on 1 July 2020 by UN Women that aims “to accelerate gender equality. It has to be the foremost imperative for every business to ensure women’s positions in power in boardrooms and at executive management level.ĭuring his Women’s Day address on 9 August 2020 President Ramaphosa said: “The emancipation of women is only words on paper unless it is matched by the commitment from all sectors of society”. While the work done by organisations such as the 30% Club is commendable, the aspiration of 25% to 30% representation for women as a regulatory requirement can no longer be deemed sufficient for business change and growth, as shown in the McKinsey Global Institute Report (2015) and the World Economic Forum Global Gender Gap Report (2020). It is generally known that women are underrepresented in executive and board membership roles in private sector organisations. Gender Equality and Transformation in JSE-Listed Companies – March 2021 Prepared By: Tiekie Barnard, CEO & Founder, Shared Value Africa Initiative and Shift Impact Africa
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