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Trends and Opportunities to Advance Gender Equality in Business in Asia and the Pacific

Value for Women

2022

Asia Pacific

Report/Paper

Impact Investing

Trends and Opportunities to Advance Gender Equality in Business in Asia and the Pacific

Trends and Opportunities to Advance Gender Equality in Business in Asia and the Pacific

The Trends and Opportunities to Advance Gender Equality in Business in Asia and the Pacific report, released by Value for Women, provides valuable insights into the current state of gender equality in business in the region. It looks at various factors driving progress towards greater gender equity, such as advancements in technology, changing social attitudes towards women, increased access to education and employment opportunities for women, and government initiatives.

The report examines both the successes and failures of governments and businesses across Asia and the Pacific in advancing gender equality. It identifies best practices that have been successfully implemented by companies to encourage the recruitment, promotion, development and retention of female employees.

Companies that have embraced these best practices have seen significant improvements in their employee engagement levels, customer experience scores and overall profitability. The report also highlights key areas where further improvement is needed, including eliminating pay disparities between genders, providing more flexible working arrangements for female staff and promoting career progression opportunities for women.

The report is an invaluable resource for businesses looking to make progress towards greater gender equity. By following its recommendations businesses can create environments that enable both men and women to reach their full potential – benefiting not only individuals but corporations as well. Doing so will create a fairer workplace and drive economic growth by increasing productivity through improved employee engagement levels, creativity due to greater diversity of thought within teams and enhanced customer experiences resulting from better team performance.

Key highlights

  • Companies, of all sizes and sectors, have shown increased commitments to promoting gender equality, yet intentional actions are lagging
  • Companies see greatest progress in promoting women to leadership positions
  • A gender-inclusive workplace with childcare is no longer just ‘nice to have’
  • The global movements against sexual violence are being reflected in companies’ actions
  • The biggest untapped gender opportunities are in the value chain and marketplace
  • Companies are beginning to align their gender commitments with their community engagement activities and initiate industry-wide collective action to advance gender equality
  • While more companies (especially those with WEPs commitments) track gender data internally, there is a lack of reporting of gender data by companies

Contents

  • Acronyms
  • Executive Summary
  • Introduction
  • Methodology
  • Trends, emerging best practices, and future action priorities
    • Trend 1: Companies, of all sizes and sectors, have shown increased commitments to promoting gender equality, yet intentional actions are lagging
    • Trend 2: Companies see greatest progress in promoting women to leadership positions
    • Trend 3: A gender-inclusive workplace with childcare is no longer just ‘nice to have’
    • Trend 4: The global movements against sexual violence are being reflected in companies’ actions
    • Trend 5: The biggest untapped gender opportunities are in the value chain and marketplace
    • Trend 6: Companies are beginning to align their gender commitments with their community engagement activities and initiate industry-wide collective action to advance gender equality
    • Trend 7: While more companies (especially those with WEPs commitments) track gender data internally, there is a lack of reporting of gender data by companies
  • Call to action
  • Appendices

 

This report was originally published on the Value for Women website.

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