Target Gender Equality Press Release

Global Compact Network Lebanon calls for companies to set ambitious corporate targets for women’s leadership in business with the launch of the new Target Gender Equality initiative

Lebanon, February — Global Compact Network Lebanon today launched Target Gender Equality, a new initiative to mobilize and support companies in setting and meeting ambitious corporate targets for women’s representation and leadership in business.

Open to all participating companies of the Global Compact Network Lebanon, Target Gender Equality will drive business action in support of Sustainable Development Goal 5.5, which calls for women’s full participation and equal opportunities for leadership, including in economic life, by 2030.

The programme builds on the United Nations Global Compact’s work in developing and promoting the Women’s Empowerment Principles by helping participating companies set concrete targets and take action to advance women’s leadership in their organizations, starting with the Board and Executive Management levels. Participating companies will benefit from facilitated performance analysis, capacity building workshops, peer-to-peer learning and opportunities to engage in multi-stakeholder dialogue.

“The economic gender gap is widening and will now take 257 years to close. Business must help reverse this trend and take bold action to advance gender equality. This is the moment to ensure that targets on women’s participation are accomplished as part of balanced scorecards and corporate strategies in all companies,” said Lise Kingo, CEO & Executive Director of the UN Global Compact.

“Ranking 145th out of 153 countries in the World Economic Forum’s Global Gender Gap Index, Lebanon is in need of steadfast reforms towards Gender Equality. In light of the desperate need for such change, we should start with the increased implementation of equal opportunities for women in the private workforce. Hence with Target Gender Equality, companies are able to set the right path towards women’s leadership in business,” said Professor Dima Jamali, President of Global Compact Network Lebanon.

The Target Gender Equality programme will be rolled out in twenty countries in 2020.

About Target Gender Equality

Target Gender Equality is a gender equality accelerator programme for participating companies of the UN Global Compact. Through facilitated performance analysis, capacity building workshops, peer-to-peer learning and multi-stakeholder dialogue at the country-level, Target Gender Equality will support companies engaged with the UN Global Compact in setting and reaching ambitious corporate targets for women’s representation and leadership, starting with the Board and Executive Management levels.

Join the conversation on social media using #TargetGenderEquality

About Global Compact Network Lebanon

Global Compact Network Lebanon (GCNL) is one of the 68 Local Networks around the world that operates through a signed Memorandum of Understanding (MOU) with the UN Global Compact HQ (HQ). We are independent and self-managed entities with the unique mandate to provide direct local support to UN Global Compact participants based in our respective country with direct communication and guidance from UN Global Compact HQ. Global Compact Network Lebanon (GCNL) works closely with the UN Global Compact (UNGC) headquarters to provide opportunities for learning, policy dialogue, and partnerships on the Ten Principles of responsible conduct and the 17 Sustainable Development Goals (SDGs).

For more information contact GCNL Programs Manager Ms. Bruna Elias [email protected]

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