Not too long ago, women across the world were struggling to get a chance to work shoulder to shoulder with men. The last few decades have changed that to a great extent. But still, female employees in almost all cultures still struggle for equal rights and opportunities at workplace. Thankfully, many big and influential organizations around the world have started to recognize the importance of promoting gender equality at work. Joining this league, the World Bank Group has committed to achieving EDGE certification—a key global standard for workplace gender equality.
President Jim Yong Kim made the announcement last week. He said, “Women and men deserve the same opportunities to succeed here. And study after study shows that diversity has a positive impact on productivity. These are the reasons each of the entities that make up the World Bank Group and the organization as a whole have targets for reaching gender equity in our middle and management ranks,” according to a report by The World Bank.
Only seven companies have yet achieved EDGE certification, which is regarded as the global standard for workplace gender equality. The companies, who have the certification, include including IKEA, L’Oreal USA, and Compartamos Banco. President Kim added, “Combined with the work we do every day, it will ensure that women—as clients and as leaders and staff at the World Bank Group—are key drivers in our effort to end extreme poverty by 2030 and boost shared prosperity.”
World Bank Group Managing Director Sri Mulyani Indrawati said that women are powerful drivers of growth and formidable fighters of poverty and they cannot be left behind. The World Development report 2012 revealed that educating and empowering women is not just beneficial for women, but also their families, and their economies.
[Featured Picture Credits: Live Mint]
ORIGINAL SOURCE: The World Bank