Looking to increase women's participation in all levels of economic life, Dr. Zara Nanu will be acting as roundtable discussant at the Seventh Annual World Pensions & Investments Forum, Paris, 22nd & 23rd March 2018 - she will be directing a debate on how we can empower women to fully engage at all levels of businesses and organisations.
According to Zara, the issues being discussed remain important and crucial to tackle for the benefit of all:
"Why do we want women on boards? Catalyst claims that the Fortune 500 companies that had the greatest representation of women board directors had a higher return on investment, return on sales and return on equity. When women prosper, companies join them, and when companies prosper, the economy prospers and this can benefit us all. It's win win."
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The forum will involve a ‘host of pension and sovereign funds, central banks and agencies from across Europe, Asia and the Americas to discuss the latest advances in asset allocation and risk management strategies, equity, real assets including ESG, infrastructure investments and longevity risk transfer & reinsurance’.
Zara will be roundtable discussant for the topic ‘From Boardrooms to Plant Floors: Empowering Female Trustees, Managers and Workers to Participate Fully in Economic Life’ which deals directly with SDG 5.
The Sustainable Development Goal 5 is to ‘Achieve gender equality and empower all women and girls’ which is the crux of Zara's work at Gapsquare - an innovative tech company that develops analytical tools and AI models that tackle the gender pay gap and prepare companies for UK gender pay gap legislation - whether that be in supporting companies to analyse and report their pay gap, or in leading on our understanding of gender pay gap trends. The team is made up of a formidable collaboration between experts in gender equality and women's empowerment and tech.
Reflecting on the topic and the theme, Zara stated:
"Increasing the numbers of women on boards and narrowing the gender pay gap are two sides of the same coin. Over the past 2 years we have seen data that confirms women are still predominantly clustered in lower paid roles.Their career progression is stalled around the age of 30-40 when, in many instances, they take time off to care for young families. Ensuring women thrive at work during this period can facilitate their path into leadership roles and eventually boardrooms."
Interested in hearing more about the UK gender pay gap reporting or how you can analyse your pay gap today? Read more throught the link below: