Colombo Stock Exchange becomes a signatory of the UN Women’s Empowerment Principles
The Colombo Stock Exchange (CSE) has adopted the United Nations Principles for the Empowerment of Women (WEP) as part of its commitment to promote gender equality and the empowerment of women in the workplace, market and the community.
WEPs are a set of principles providing guidance to businesses on how to promote gender equality and empower women. Established by the United Nations Global Compact and UN Women, WEPs are grounded in international labor and human rights standards and based on the recognition that businesses have an interest and responsibility for gender equality and empowerment of women. WEPs are a primary vehicle for businesses to implement the gender dimensions of the 2030 Agenda and the United Nations Sustainable Development Goals.
Commenting on the development, CSE General Manager Rajeeva Bandaranaike said: “Creating a stimulating and inclusive environment for women to realize their potential both in the workplace and in the community has always been a priority for CSE. Over the years, the CSE has remained strongly focused on creating an enabling culture for women working within the organization by ensuring that workplace policies are gender sensitive and egalitarian. We have good representation of women in our workforce and more importantly we see that this representation translates into a strong presence of women in our leadership. CSE also works with local and international organizations to advocate for greater participation of women in the Sri Lankan workforce, in corporate leadership and in entrepreneurship. WEPs will provide a platform for the CSE to further strengthen our women’s empowerment initiatives internally and in the community.
The seven WEPs revolve around establishing high-level corporate leadership for gender equality, fair treatment of all women and men in the workplace, respect and support for human rights. and non-discrimination, guaranteeing the health, safety and well-being of all workers, women and men, promoting the education, training and professional development of women, promoting the equality through community and advocacy initiatives, implement business development, supply chain and marketing practices that empower women and measure and publicly report on progress towards achieving gender equality. sexes.
CSE Human Resources Officer Anoja Senanayake said: “The CSE has already engaged in a number of women’s empowerment initiatives covered by WEP and this decision will further strengthen our efforts to ensure that we promote a truly inclusive, progressive, safe and productive workplace. for all our employees. As a signatory, the CSE will have access to a number of tools and resources as well as valuable information on international best practices in gender equality and women’s empowerment.
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