Browse by Theme: Private Sector

A new report from CONCORD highlights 10 key principles which European political and financial institutions and companies need to follow to ensure that the private sector delivers positive development impacts as part of the drive towards the Sustainable Development Goals.

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Do you know where chocolate comes from? Do you wonder who produced the cocoa in your chocolate and under what circumstances? Do you care if the chocolate you buy is sourced in a responsible way, with equal access and opportunity for women?

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CARE was delighted to host yesterday’s event to a full house of business leaders, global experts, and civil society actors to talk about how the private sector can empower women in the economy, including by implementing the UN High Level Panel (HLP) on Women’s Economic Empowerment’s new recommendations.

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Across the world, women make a significant contribution to agricultural supply chains, in spite of complex hurdles that limit their inclusion and their leadership. The UN High Level Panel on Women’s Economic Empowerment (HLP) identified seven key drivers for women’s economic empowerment (WEE), and the HLP called on governments, private sector companies and civil society organisations to step up their work on WEE by increasing investment, finding new types of partnerships and expanding their actions to more of the ‘drivers’.

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The private sector is an essential partner in the women’s economic empowerment movement. Corporations large and small employ a significant proportion of the labour force worldwide, and their value chains touch all economies and nearly every person on Earth. They have enormous power to bring about transformative change through inclusive hiring and promotion policies, market expansion, workforce development, and procurement spending.

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What does women’s economic empowerment mean to you?

To me, women’s economic empowerment is a fresh and insightful new approach to uplifting the status of women in all walks of life.

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There is currently a great opportunity for everyone who is interested in women’s economic empowerment to push forward a key initiative to tackle the gender-based violence which plays a key role in the workplace in continuing oppressive working conditions, in diminishing women’s voices, and in breaching women’s rights. Achieving an ILO Convention on ending violence and harassment in the workplace will support the empowerment of millions of women.

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