Latest news with #WEPs
Korea Herald
5 days ago
- Business
- Korea Herald
Trinasolar listed as the "Workplace for All" by Bloomberg Green
CHANGZHOU, China, July 24, 2025 /PRNewswire/ -- On July 17, Bloomberg Green honored Trinasolar as the "Workplace for All" in Greater China, recognizing its commitment to employee development and innovation, as well as its efforts in fostering a sustainable culture of diversity and inclusion. The selection process, guided by rigorous international standards, highlights companies that excel in ESG performance, gender equality, and labor compliance, positioning them as global leaders in talent cultivation and sustainable growth. Trinasolar upholds fair and transparent evaluation standards for performance reviews, promotions, talent selection, and training. It ensures equal opportunities for all employees while cultivating a workplace free from discrimination. In 2024, the company became a global signatory of the United Nations Women's Empowerment Principles (WEPs), underscoring its commitment to advancing gender equality and workplace diversity. By the end of 2024, women accounted for 27.14% of Trinasolar's workforce and 33.33% of its board of directors. Additionally, the company is committed to empowering socially vulnerable groups, including individuals with disabilities, by offering roles tailored to their physical needs, enabling them to realize their potential and personal value. Labor protection remains central to Trinasolar's corporate responsibilities. The company strictly complies with local labor laws, has established robust grievance and complaint procedures to safeguard employee rights, and has implemented comprehensive occupational health and safety measures. In addition to providing competitive compensation and benefits, Trinasolar prioritizes both the physical and mental well-being of its employees. In 2024, the company invested 90.64 million RMB in occupational health and safety initiatives and ensured that 100% of its employees were covered by employer liability and work injury insurance. Trinasolar prioritizes innovation and talent development. In 2024, the company allocated 6.92% of its total revenue to R&D and had implemented a specialized training program in collaboration with leading institutions including the University of New South Wales, the University of Oxford, and Fraunhofer. These programs enhance the innovation capacity of R&D teams and strengthen industry-academic partnerships. Last year, Trinasolar achieved a 100% training coverage rate, with over 1.7 million total training hours, laying a strong foundation for talent development in the renewable energy sector. Trinasolar believes that an inclusive and trustworthy workplace is essential for long-term value creation and sustainable corporate growth. Looking ahead, the company will continue to foster inclusive workplace, ensure fair labor practices and employee well-being, and collaborate with its global team to build a sustainable, net-zero future.
Mid East Info
6 days ago
- Business
- Mid East Info
Emirates NBD Signs UN Women's Empowerment Principles, Reinforcing Commitment to Women's Leadership - Middle East Business News and Information
Dubai, UAE,July 2025: Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has officially signed the United Nations Women's Empowerment Principles (WEPs) further affirming its commitment to advancing female empowerment and leadership. Emirates NBD's long-term goal is to ensure that 25% of all leadership positions are held by women by 2027. This pledge follows a series of strategic initiatives that aim at accelerating gender equality while maintaining global standards for female representation across its workforce. Shayne Nelson, Group CEO at Emirates NBD, said: 'Signing the UN Women's Empowerment Principles provides further momentum to the impressive efforts we have undertaken here at Emirates NBD to champion women in the workplace. Empowering women at every level of Emirates NBD is something we are deeply committed to. Looking forward, we will continue to accelerate our action to increase female leadership, achieve gender equality at all levels and encourage more women to pursue careers in banking.' Dr. Mouza Al Shehhi, Director of the UN Women GCC Liaison Office, commented: 'We are delighted to welcome Emirates NBD as a signatory to the Women's Empowerment Principles (WEPs). This commitment reflects the Bank's dedication to advancing gender equality and fostering an inclusive workplace culture. Importantly, it mirrors a strong shift nationwide toward embedding gender parity within its national development agenda. As the UAE accelerates its journey towards a knowledge-based and sustainable economy, empowering women across all sectors is not just a social imperative, it is a strategic enabler of innovation, resilience, and long-term prosperity. We look forward to supporting Emirates NBD in implementing the WEPs framework and continuing its journey towards empowering women across all levels of the organisation.' Eman Abdulrazzaq, Group Chief Operating Officer and Group Chief Human Resources Officer at Emirates NBD, said: 'By signing the UN Women's Empowerment Principles, we demonstrate our dedication to advancing gender equality, particularly our goal of ensuring that 25% of leadership roles are held by women by 2027. Our initiatives, including an expanded maternity policy, flexible working arrangements, and the Career Comeback Programme, are designed to create an inclusive environment where women can thrive and reach their full potential. We are already seeing positive outcomes, with women representing over 40% of our global workforce. This exceeds global benchmarks, and we will continue to invest in initiatives that foster female leadership.' Vijay Bains, Chief Sustainability Officer and Group Head of ESG at Emirates NBD, commented: 'Women represent half of the world population and investing in their empowerment plays a huge role in advancing gender equality and inclusive economic growth. As a key participant in the economic ecosystem, banks have immense influence in making a change towards women empowerment. At Emirates NBD, we are proud to act as an agent that enables employment and share of voice of women in the community. We strongly believe that when women have access to resources and opportunities, they can positively influence societal development.' To support female empowerment and leadership, Emirates NBD has introduced a variety of pioneering initiatives, including: • Expanding its maternity policy and introducing paternity and adoption leave • Offering flexible work options, allowing employees to work remotely within the UAE • Launching the Career Comeback Programme, facilitating the reintegration of women returning to the workforce after a career break • Providing targeted training and leadership development opportunities for women, alongside bank-wide training on unconscious bias • Signing global initiatives such as the UAE Gender Balance Pledge in 2023 and integrating the UN Sustainable Development Goal 5 on gender equality into our sustainability strategy • Implementing female-focused facilities across our offices including dedicated parking, breastfeeding areas, and women's social networking programmes These initiatives not only underscore Emirates NBD's leadership in promoting female empowerment but also set the foundation for continued progress toward achieving its gender equality objectives. The WEPs offer guidance to businesses on advancing gender equality and empowering women in the workplace, marketplace, and community. Developed by UN Women and the UN Global Compact, the WEPs are aligned with international labor and human rights standards and emphasise the role businesses play in fostering gender equality. By joining the WEPs, Emirates NBD reaffirms its commitment to the 2030 Agenda for Sustainable Development and the United Nations Sustainable Development Goals, working collaboratively with other stakeholders to promote business practices that empower women. About Emirates NBD: Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As at 31st March 2025, total assets were AED 1 trillion, (equivalent to approx. USD 272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion. Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region. Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE's main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE's Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.
Kuwait Times
18-06-2025
- Business
- Kuwait Times
Gulf Bank empowers female employees with monthly WOW sessions
Participants are pictured during the session. KUWAIT: As part of its continued commitment to empowering women and enhancing their role within the Bank and the broader banking industry, Gulf Bank is carrying on with its monthly Women of Wisdom (WOW) sessions - an internal initiative designed specifically for its female employees. These sessions aim to inspire personal growth, strengthen connections, and cultivate leadership among women across the organization. In the latest session, which drew strong engagement from employees across various departments, renowned coach and consultant Rehab Al-Tawari led an insightful talk titled 'Building Connections: Strengthening the Assets That Matter.' Tailored specifically for early-career female employees, the session offered an engaging and interactive experience, guiding participants through the importance of professional relationships and strategies to nurture key personal assets in the workplace. Drawing from her rich experience in the banking and education sectors, Al-Tawari sparked meaningful conversations on how to thrive during the early stages of one's career. The Women of Wisdom (WOW) initiative provides a supportive platform for women to navigate workplace challenges, find balance between personal and professional life, and boost female representation in leadership roles. It also serves as a space for networking, idea-sharing, and open dialogue around the experiences and challenges women face throughout their careers. Gulf Bank was one of the first banks in Kuwait to eliminate gender-based disparities in employee benefits, ensuring equal opportunities and treatment for both male and female staff. It also stands among the early signatories of the United Nations Women's Empowerment Principles (WEPs) in Kuwait, reflecting its deep-rooted commitment to advancing gender equality in the workplace and beyond. Introduced in 2017 as one of Gulf Bank's leading internal initiatives, the Women of Wisdom (WOW) program continues to provide monthly sessions that delve into key topics such as leadership, personal development, and maintaining work-life balance - all with the goal of empowering women and fostering a strong, collaborative network within the Bank.
Yahoo
11-03-2025
- Business
- Yahoo
UN Global Compact calls for Women's Economic Inclusion at Business Leadership Dialogue during Commission on the Status of Women
NEW YORK, March 11, 2025 /PRNewswire/ -- The United Nations Global Compact, in partnership with UN Women and the Champions of Change Coalition, today concluded a high-level Business Leadership Dialogue, convened on the margins of the 69th session of the Commission on the Status of Women (CSW69). The gathering united over 50 business leaders, policy experts and change-makers to accelerate private-sector commitments toward women's economic empowerment by 2030. The event marked three significant anniversaries for global gender equality efforts: 30 years since the establishment of the Beijing Declaration and Platform for Action 25 years since the founding of the UN Global Compact 15 years since the creation of the Women's Empowerment Principles (WEPs) Despite decades of progress, on average, women are paid about 20 per cent less than men, according to the International Labour Organization leading to significant lifetime income inequality. At the current rate it will take 134 years to close the global gender gap. Yet companies with diverse leadership teams are 25% more likely to outperform their peers. During the dialogue, participants examined how businesses can apply a gender lens across the value chain by creating gender-responsive supply chains and directing capital to women-owned businesses, engage male allies and advocate for policy enablers to bridge persistent gender gaps worldwide. Conversations focused on: Invest in Women Initiative: The UN Global Compact spotlighted its Invest in Women initiative designed to increase capital flows to women-owned businesses and champion gender-inclusive investments, urging companies to align their investment and procurement strategies with gender equality objectives. Business leaders also shared successful case studies on how they have embedded a gender lens into supply chain operations, emphasizing that doing so unlocks diverse markets, fosters innovation, and reinforces stakeholder trust. Male Allyship: In a fireside chat featuring the Champions of Change Coalition and Equimundo, speakers highlighted effective approaches for mobilizing men in leadership positions to champion gender equality and women's economic inclusion, with a focus on culturally attuned, scalable programs. The UN Global Compact also launched its new knowledge tool – "Mainstreaming Male Allyship: an Action Guide for Business," developed in partnership with Equimundo. Africa Business Leaders Coalition (ABLC): This dialogue dove into the extensive implementation that ABLC members have driven on the Gender Statement. It also explored the progress that ABLC member companies are advancing across sectors and geographies on the continentsince launching a historic Gender Statement in Kigali, Rwanda in May 2024, demonstrating how regional coalitions can drive global transformation. Forward Faster initiative & the WEPs: Businesses were called on to commit to the Forward Faster initiative—targeting equal representation, participation, and leadership of women at all levels by 2030—and to sign on to the Women's Empowerment Principles (WEPs), which provide a comprehensive framework for embedding gender equality across the workplace, marketplace, and community. "Accelerating women's full participation is not just a moral imperative, it's an economic one," said Melissa Powell, Deputy Executive Director of the UN Global Compact. "As we celebrate the 30th anniversary of the Beijing Declaration and 25 years of the UN Global Compact, we have never been closer to a true tipping point. By investing in women-led enterprises, championing male allyship, and building equitable supply chains, businesses can lead the charge on achieving the Sustainable Development Goals by 2030." Following the dialogue, attendees participated in roundtable discussions and committed to sharing key insights across their networks. Companies are encouraged to join or deepen their engagement with the Forward Faster initiative and the WEPs, setting measurable targets to close leadership and pay gaps, and to implement policies that champion inclusivity at every level. About the UN Global CompactThe ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 63 Country Networks covering 80 countries and 13 Country Managers establishing Networks in 18 other countries, the UN Global Compact is the world's largest corporate sustainability initiative — one Global Compact uniting business for a better world. View original content to download multimedia: SOURCE United Nations Global Compact
