At the recent summit attended by members of the G7 (Canada, France, Germany, Great Britain, Italy, Japan, and the United States), leaders committed to “reduce the gender gap in workforce participation in their countries by 25 per cent by 2025. They also called on companies to apply the UN ‘Women’s Empowerment Principles.’”
The reference to women’s empowerment in the principles reads, “The private sector is a key partner in efforts to advance gender equality and empower women. Current research demonstrating that gender diversity helps businesses perform better signals that self-interest and common interest can come together. Yet, ensuring the inclusion of women’s talents, skills and energies—from executive offices to the factory floor and the supply chain—requires intentional actions and deliberate policies.”