From: United Nations Global Compact
New York, 8 March 2010) – The United Nations Development Fund for Women (UNIFEM) and the UN Global Compact (UNGC) today called on the business community to implement recruitment and retention practices that advance women’s empowerment and inclusion and urged them to proactively appoint women as managers, executives and board members. The call for action is part of the Women’s Empowerment Principles—Equality Means Business, seven steps for companies to take to empower women in the workplace. The Principles will be launched tomorrow at a day-long conference with international business leaders organized by UNIFEM and UNGC.
Women continue to be vastly under-represented in top positions and on boards – their numbers have been increasing only very slowly over the last decade. In the UK for example, the BBC reported that in 2009, only 10 percent of directors of the United Kingdom’s FTSE 100 firms were women. That number, according to the Cranfield Female FTSE Report, has moved only five percentage points in ten years. To move the dial, Women’s Empowerment Principle 1 urges company leaders to make gender equality a top priority.