… how to increase global GDP by USD28
trillion
In 2015 the 193-member
states of the United Nations all agreed to work towards achieving 17
Sustainable Development Goals (SDGs) with 169 targets – to ensure global
prosperity and peace. LADOL is one of several private companies committed to
the SDGs. LADOL’s activities most obviously drive the achievement of Goals 8
(employment) and 9 (infrastructure development), however our company is
committed to driving the attainment of all the goals – in particular Goal 5.
Goal 5 is
the subject of the latest report published by the Business and Sustainable
Development Commission, Better Leadership, Better World: Women
Leading for the Global Goals, in which the Managing Director of LADOL,
Dr. Amy Jadesimi,is featured as a prominent global female leader. The report
was launch on Monday 5th March 2018, three days before International
Women’s Day 2018.
As
highlighted in this important report, and stated by Dr. Jadesimi in 2016 at the
UN:
“Women are
not simply beneficiaries of SDG Goal 5. They are also leading the achievement
of all SDGs. If the world commits to
gender equality, equal engagement in the workforce adds $28 trillion US dollars
to annual global GDP in 2025.”
This report
is a must-read handbook for public and private sector companies, institution
and individuals. The report is highlights the fact that companies that have female
leaders at every level will out compete and be more profitable than companies
that do not. As the economic case for gender equality is no longer in question,the
report also includes examples of successful strategies that companies can use
to achieve gender equality and gain the multiple benefits that this will bring.
The report goes on to include examples of prominent female leaders.
Speaking on
CNBC Africa Power Launch live program recently, Dr. Jadesimi said: “If you
have women on your board of directors your company is going to be 42% more
profitable than companies that don’t have female directors.
“Research
shows that some of that benefit comes from the fact that women look at the
world differently and that we more often make decisions and raise issues that
lead to greater sustainability.”
Given the
highly significant economic and social benefits that come with gender equality
it is imperative that both the private and public sector invest in initiatives
that help achieve it. This is particularly true for global growth countries
like Nigeria.
The report
encourages both men and women to participate and join in changing the status
quo to help achieve Goal 5, which could be the key to achieving the 16 other
SDGs, creating a prosperous and peaceful world by 2030.
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