Business leaders pledge investments worth millions to boost gender equality

    Business leaders pledge investments worth millions to boost gender equality

    Sept.28, New York: Top global companies and foundations, including the Bill & Melinda Gates Foundation and Unilever, are committing millions of dollars to promote gender equality as they gather at a United Nations event in New York.

    Commitments made at the Business and Philanthropy Leader’s Forum, hosted by the UN entity dedicated to gender equality and the empowerment of women (UN Women), seek to close the deep financing gaps that hinder progress for women and girls.

    Achieving gender equality is one of the 17 Sustainable Development Goals (SDGs) that comprise the 2030 Agenda, which world leaders adopted on Friday. According to UN Women, gender equality is crucial to realizing the “transformative promise” of the new global development agenda.

    To make 2030 the expiry date for all forms of gender discrimination, everywhere, all businesses will need to step up essential investments in gender equality, experts said.

    Melinda Gates, Co-Chair and Trustee of the Gates Foundation, noted that the world is moving in the right direction because women are pushing it that way. “Women drive progress for all of us by demanding better healthcare and opportunities for their children and greater equity for everyone. That’s why, when we invest in women and girls, we’re investing in the people who invest in everyone else.”

    Unilever, which has set for itself the goal of empowering five million women across the world by 2020, is extending support to promote economic opportunities for women, reduce unpaid care work and ensure the safety of women and girls.

    Other organizations taking part in the event in support of UN Women are representatives of Coca-Cola, Cisco, Infosys, Itaipu, MasterCard, H&M, Citibank, State Bank of India, Ford Foundation, General Electric Foundation and Nigeria-based Dangote Foundation.

    The Oslo Times


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