More than 80 stock exchanges will participate in the international ‘Ring the Bell’ campaign to mark International Women’s Day on 8 March and raise awareness about the business case for women’s economic empowerment and to highlight opportunities for business and financial markets to advance gender equality and sustainable development.
The Sustainable Stock Exchanges initiative is convened by the UN Conference on Trade and Development (UNCTAD), the UN Global Compact, the UN Environment Program Finance Initiative (UNEP FI) and the Principles for Responsible Investment (PRI).
“It’s time to get really serious about women’s empowerment. Discrimination is holding the world back economically and socially,” said Lise Kingo, CEO & Executive Director of the UN Global Compact. “We are ringing the bell for gender equality because we need everyone, including stock exchanges and companies everywhere, to take concrete actions in order to empower women in business.”
Recognizing the multiplier effect of investing in women and girls, Fiona Reynolds, CEO of Principles for Responsible Investment, said “A global transition towards a low-carbon and sustainable economy presents several opportunities for achieving gender equality in the world of work that is critical for realizing the Sustainable Development Goals and the Paris Agreement. Failing to recognize the gender dimension can add to growing inequality that we already see across the globe.”