Global leaders and companies pledge to reduce the gender pay gap by 2030

Gender Equality 2018 UN

UN Women/Ryan Brown The 2016 theme for International Women’s Day is “Planet 50-50 by 2030: Step It Up for Gender Equality.”

This article is brought to you in association with OECD.

Today, global leaders from governments, private sector companies, trade unions and civil society pledged to take concrete action towards closing the gender pay gap by 2030. The global commitments – to ensure women in every sector of the workforce are paid equally to men for doing work of equal value – were made at the Equal Pay International Coalition (EPIC) Pledging event held during the United Nations General Assembly in New York.

Globally, and in every sector of the workforce, women are paid less than men for doing work of equal value. Unequal pay is one of the most persistent barriers to women’s success at work and to economic growth, and is a critical problem that has been prioritized in the UN’s Sustainable Development Goals (SDG), in particular SDG 8.5 and 5. Equal pay, in addition to empowering women, can have a significant impact on achieving other key goals, such as promoting inclusive societies, reducing poverty, and creating conditions for decent work and gender equality.

As Principals of the EPIC Secretariat, the Secretary General of the OECD, Angel Gurría, the Director General of ILO, Guy Ryder; and the Executive Director of UN Women, Phumzile Mlambo-Ngcuka, pledged to accelerate progress on reducing the gender pay gap by convening global leaders to share experiences, documenting and disseminating good practices, and drawing global political attention to the issue of gender pay inequality.

Secretary-General of the OECD, Angel Gurría, said, “Gender pay gaps are not only unfair for those who suffer them, but they are also detrimental to our economies. If you do not have equal pay productivity suffers, competitiveness suffers and the economy at large suffers.” He asserts that “it is in our power to make an immediate improvement in the quality of life of hundreds of millions of women and their families if we succeed in delivering equal pay for men and women.”

The Director General of the ILO, Guy Ryder, said, “The fact that women across the globe are still being paid less than men for work of equal value is one of the most visible, tangible and pervasive manifestations of discrimination. It is a matter of urgency to make sure the message is finally heard and things start to change.”

Global leaders will be in attendance including President of Iceland Guðni Th. Jóhannesson, and Vice President and Minister of Foreign Affairs of the Republic of Panama Isabel de Saint Malo de Alvarado. Governments from Peru to Jordan to Switzerland to Canada demonstrated their shared vision to accelerate progress to achieve equal pay by pledging to:

  • implement legislation that prohibits unequal remuneration in the public and private sectors
  • establish National Commissions that monitor the compliance of equal remuneration laws
  • and launch national awareness campaigns on the importance of equal pay

The Executive Director of UN Women, Phumzile Mlambo-Ngcuka, said, “A strong social protection system is critical to reducing the gender pay gap – where women have access to paid maternity leave, to affordable child and elderly care services, and to sustainable infrastructure, we see an increase in women engaging in paid work. This will be the theme of next year’s Commission on the Status of Women, and I count on support from the EPIC to accelerate progress on improving social protection systems.”

Notable pledges made at the event include:

  • The President of Iceland, H.E. Guoni Th. Johannesson, committed to implement its Law on the Equal Pay Certification. The law prohibits discriminatory practices based on gender and requires that women and men working for the same employer shall be paid equal wages and enjoy equal terms of employment.
  • The International Trade Union Confederation has pledged to raise awareness of initiatives that aim to achieve equal pay through advocacy campaigns on investment of childcare, establishing minimum living levels, and guaranteeing social protection to care workers.
  • The International Organisation of Employers has pledged to strengthen its actions to promote gender equality and non-discrimination good practices as part of its commitment to preserve and defend Fundamental Principles and Rights at Work, while paying special attention to gender-based discrimination in pay.
  • Civil Society organisations including Save the Children and CIVICUS pledged to support its members to reduce the wage gap and to conduct internal reviews of its pay policies to ensure internal equity between men and women.

Global companies also participated, including IKEA, Deloitte, Pepsi Co, Nestle and Novartis AG, who expressed their allegiance to EPIC’s mission by committing to, for example:

  • reviewing hiring and promotional practices to reduce unconscious bias and structural barriers
  • identify and promote best practices that ensure fairness for all workers
  • and to implement policies prohibiting discrimination based on gende

EPIC, an initiative launched in 2017 to work towards closing the gender pay gap, has brought together key actors from across the world to raise momentum and help ensure that equal pay for work of equal value is fully realized. EPIC is led by the OECD, the International Labor Organization (ILO) and UN. The EPIC secretariat will support global leaders to ensure these commitments are fully implemented and realized.

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Why are so few women buying into Bitcoin?

Further reforms can foster more inclusive labour markets in The Netherlands

Agreement on linking the emissions trading systems of the EU and Switzerland

These countries are leading the way in green finance

The Sting’s Mission

Partner countries get €3bn in loans to prop up economies affected by pandemic

Tax Inspectors Without Borders making significant progress toward strengthening developing countries’ ability to effectively tax multinational enterprises

How to turn a traditional business into a platform-based success

A Sting Exclusive: “Regulators and the shipping industry collaborating for a sustainable future”, written by the Secretary General of IMO

The true EU unemployment rate may have soared to 21.9%

More hiring freedom can reduce teacher shortages in disadvantaged areas

UN study projects $32 billion loss for UK post no-deal Brexit

International trade statistics: trends in first quarter 2019

Aid stepped up to Syria camp; new arrivals say terrorists blocked their escape

Gender inequality in the medicine field: two commonly issues

How banking with blockchain can stamp out corruption and increase financial inclusion

How curiosity and globalization are driving a new approach to travel

Medical workforce migration in Europe – Is it really a problem?

Palestine refugees’ relief chief warns Security Council money to fund Gaza operations will run out in mid-June

EU leaders prepare timetable and structure for EU budget negotiations

Guterres condemns killing of Bangladeshi peacekeeper in South Sudan, during armed attack on UN convoy

Public climate finance to developing countries is rising

“China is the only BRICS country to have either met or possibly slightly surpassed my expectations”, BRICS inventor Jim O’ Neil from Switzerland; the Sting reports live from World Economic Forum 2015 in Davos

Facility for Refugees in Turkey: €127 million to boost EU’s largest ever humanitarian programme

How Asia could be the winner in the US and China’s Belt and Road race

“Access denied”: the Greek health system under pressure

Brexit: MEPs concerned over reported UK registration plans for EU27 citizens

Canada and EU officially sign the trade agreement that could open-up the road to TTIP

‘We are nowhere closer’ to Israeli-Palestinian peace deal, than a year ago, Security Council hears

Mergers: Commission opens in-depth investigation into proposed acquisition of Transat by Air Canada

An expert explains: the digital risks facing our children during COVID-19

Harnessing the power of nature in the fight against climate change

3 reasons why AI won’t replace human translators… yet

Ramp up nuclear power to beat climate change, says UN nuclear chief

Coronavirus Global Response: EIB and Commission pledge additional €4.9 billion

Giving humanitarian help to migrants should not be a crime, according to the EP

MEP Cristiana Muscardini @ European Business Summit 2014: International Trade in Europe

Why sustainable packaging is good for profits as well as the planet

The Eurogroup protects Germany and blames others

Amidst ‘high political tension’, UN chief appeals to G20 leaders for stronger commitment to climate action, economic cooperation

More Germans are swapping planes for trains because of climate worries

‘Africa has both the energy and the determination’ to make sustainable development happen, says UN deputy chief

US prosecutors now target Volkswagen’s top management, upsetting Germany

E-Government can be a remedy for the crisis

Peru should help more young vulnerable people into work

Key economic forum in Russia: New technology a ‘vector of hope’ but also ‘a source of fear’ says Guterres

Gender Equality as a platform to improve Medicine

Dramatic drop in South Sudan political violence since peace agreement signing

Criminals thrive on data abundance – here’s how we’ll catch them

What can stop the ‘too big to fail’ bankers from terrorising the world?

Central American migrants must be protected, urge UN experts

The mental health of our society

Coronavirus: Commission and European Investment Fund (part of EIB Group) unlock €8 billion in finance for 100,000 small and medium-sized businesses

‘Tenacious’ Kyrgyz lawyer and statelessness champion, wins prestigious UNHCR prize

Blockchain is becoming key for global trade – but is that a gift for hackers?

Austria, Italy, Portugal, Spain receive €279m after natural disasters in 2019

Poverty and social exclusion skyrocket with austerity

Eurozone: Even good statistics mean deeper recession

Replacement for United States on Human Rights Council to be elected ‘as soon as possible’

Abu Dhabi is investing $250 million in tech start-ups

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s