UN Women and UN Global Compact are working together to drive the WEPs agenda to empower women to participate fully in economic life across all sectors and throughout all sectors of economic activity. As a leader in gender equality, UN Women brings three decades of experience to this partnership effort with the UN Global Compact, the word's largest corporate sustainability initiative with more than 12,000 participants (business and other stakeholders) in more than 160 countries.
Business Case: Current research demonstrating that gender diversity helps business perform better signals than self interest and common interest can come together. Governments also recognize that women's inclusion drives development, and acknowledge that achieving the Sustainable Development Goals and national economic development plans requires rapidly moving towards gender equality.
Intentional Action: Ensuring the inclusion of women's talents, skills, experience and energies requires intentional actions and deliberate policies. The Women's Empowerment Principles, a partnership initiative of UN Women and UN Global Compact (UNGC) provide a set of considerations to help the private sector focus on key elements integral to promoting gender equality in the workplace, marketplace and community.
Gender Lens: Enhancing openness and inclusion throughout corporate policies and operations requires techniques, tools and practices that bring results. The Women's Empowerment Principles, forget through an international multi-stakeholder consultative process, provide a "gender lens" through which business can analyze current initiates, benchmarks and reporting practices.
Multi-Stakeholders: The Principles also reflect the interests of government and civil society, and will support interactions among stakeholders as achieving gender equality requires the participation of all actors. Nearly all countries have affirmed this value through their recognition of the standards contained in international human rights treaties, which articulate for states a broad range of civil, political, economic, social and cultural rights.
What are Women's Empowerment Principles?
The Women's Empowerment Principles offer seven steps to guide business on how to empower women in the workplace, marketplace and community. Subtitled, Equality Means Business, the Principles Emphasize the business case for corporate action to promote gender equality and women's empowerment and are informed by real-life business practices and input gathered from across the globe. Rather than being prescriptive or a new initiative to which business is asked to subscribe, the WEPs seek the point the way to best practices by elaborating the gender dimensions of good corporate citizenship, the UN Global Compact and business role in sustainable development.
Why be a part of the WEPs ?
The WEPs were primarily developed for the business community. However, other civil society stakeholders, international organizations and governments have embraced the WEPs as a tool for engaging their own policies and practices related to gender equality and women's empowerment as a platform and used as inputs to policy. They are being utilized as a basis for dialogue and action to advance and empower women.
What is your company doing to advance gender equality? Identify strengths and area where further action can be taken!