UAE private sector to accelerate gender balance in leadership

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The pledge was signed during a ceremony hosted by the UAE Gender Balance Council, the UAE’s National Committee on SDGs and the UAE’s Private Sector Advisory Council on SDGs…reports Asian Lite News

In a first-of-its-kind initiative for the UAE private sector, 18 leading local and multinational companies from diverse sectors have signed a pledge to accelerate the achievement of Sustainable Development Goal 5 (achieve gender equality and empower all women and girls).

This pledge by the private sector aims to increase gender balance in the workplace, with an emphasis on increasing the representation of women in leadership positions to 30% by 2025 through policy, programme, and initiative developments that are aligned with UAE government direction.

The pledge was signed during a ceremony hosted by the UAE Gender Balance Council, the UAE’s National Committee on SDGs and the UAE’s Private Sector Advisory Council on SDGs.

The ceremony was attended by Mona Ghanim Al-Marri, Vice President of the UAE Gender Balance Council; Abdulla Nasser Lootah, Director General of the Prime Minister’s Office at the Ministry of Cabinet Affairs and Vice President of UAE National Committee on SDGs; Shamsa Saleh, Secretary-General of the UAE Gender Balance Council; Hanan Ahli, Acting Director of the Federal Competitiveness and Statistics Centre; as well as representatives of member companies of the Private Sector Advisory Council and representatives of international organisations working on the SDGs.

Companies that signed the pledge include Majid Al Futtaim Holding LLC, Masdar, Dubai Multi Commodities Centre (DMCC), Dubai Holding, Unilever, Standard Chartered Bank, MasterCard, Michelin, UPS, General Motors, Schneider Electric, PepsiCo, Mondelez International, BASF, Mars, Nestle, and General Mills.

Each of the signatories committed to taking key actions before 2025 to strengthen gender balance in leadership positions, including by: ensuring equal pay and fair compensation; promoting gender equitable recruitment and promotion; mainstreaming gender balance through policies and programmes; and being transparent about progress with fellow signatories and government.

H.H. Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council, President of Dubai Women Establishment, and wife of H.H. Sheikh Mansour bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Presidential Affairs, commended this voluntary initiative, which reflects the unique partnership between the government and private sector in the UAE to achieve the national goals and a future vision by the wise leadership that will enable the country to be a leading global economy in the next fifty years.

She stressed on the pivotal role of the private sector in supporting the government’s efforts to enhance the UAE’s global competitiveness.

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She affirmed that gender balance is a key priority for the government, and that the private sector is an indispensable partner in achieving the 17 Sustainable Development Goals, particularly Goal 5 (Gender Equality). She stressed that the pledge will be an inspiration for the region and the world.

H. H SHEIKHA MANAL BINT MOHAMMED BIN RASHID AL MAKTOUM, PRESIDENT, UAE GENDER BALANCE COUNCIL: “The UAE is highly committed to the Sustainable Development Goals of 2030 and has integrated them into its strategic plans, and prioritized them in its local and international partnerships. A national committee for these goals was established in 2017, comprising several ministries and federal agencies, which share the responsibility of implementing these goals at the national level. The UAE Gender Balance Council also launched a host of local and global initiatives to accelerate the implementation of SDG 5 (Gender Equality), in cooperation with government entities and international organisations. These efforts have resulted in remarkable progress for the UAE in global competitiveness reports on women and gender balance, leading the region in some of the most important indexes and climbing to eighteenth place globally in gender equality in a report issued by the United Nations Development Programme. We have witnessed other notable successes, which include ranking first in Middle East and North Africa in the ‘Women, Business and the Law’ 2021 report issued by the World Bank, and first in the Arab world in the Global Gender Gap Report 2021, issued by the World Economic Forum, as well as successfully ranking first globally in 9 competitive indicators related to the progress in achieving the fifth goal of the Sustainable Development Goals in 2021.”