DGCX honours international women's day with bell ringing for gender equality

The 2021 theme is "Women in leadership, achieving an equal future in a COVID- 19 world".

DGCX honours international women's day with bell ringing for gender equality

Dubai: To mark International Women’s Day (March 8), the Dubai Gold & Commodities Exchange (DGCX) joined dozens of exchange houses around the globe to celebrate the 7th annual ‘Ring the Bell for Gender Equality’ ceremony, aimed at raising awareness for women’s empowerment principles. The 2021 theme is “Women in leadership, achieving an equal future in a COVID- 19 world”.

The initiative is a partnership between the World Federation of Exchanges (WFE), the Sustainable Stock Exchanges (SSE) Initiative, UN Women, UN Global Compact, Women in ETFs and International Finance Corporation and highlights the significant role of the private sector in advancing and empowering women in the workplace, marketplace and wider community.

Les Male, CEO of DGCX, said: “Equality and diversity are core pillars of our business at the DGCX and we strongly believe it is vital to continue empowering women in the marketplace and the wider national community. Various studies have exhibited the benefits that greater gender diversity brings to organizations, such as more effective decision-making, better service for customers and strong operational performance. The importance of women’s leadership at the DGCX and indeed, across the UAE has also been starkly highlighted this year by Covid-19 pandemic and will continue to be a key part of the country’s efforts to recover and come back better than ever before.” 

Dr Mouza Al Shehhi, Director, UN Women UAE Liaison Office for the GCC, said: “We are delighted to see UAE-based companies join ‘Ring the Bell for Gender Equality’ campaign, show their commitment to gender equality and Sustainable Development Goal (SDG 5) and actively promote women’s leadership in business. Women’s leadership is, more than ever, a pressing priority as the world emerges from the COVID-19 pandemic and they must be at the center of global recovery and reconstruction efforts.”

More than 86 exchanges around the world registered for the event, many of whom have made an internal commitment to support the UN Sustainable Development Goals (SDGs) to achieve gender equality and empower women at all levels. This includes a pledge to encourage listed companies to publicly report on relevant gender metrics while further promoting gender diversity among their own workforces.

Maggie Mansour, Compliance Director of DGCX, added: “We are proud to join the WFE, UN organizations and exchange houses around the globe to recognize women for their contributions. As the region’s leading exchange, it is our responsibility to help facilitate the global conversation to support women’s empowerment and we are thrilled to be a part of such an important initiative while working towards diminishing the gender equality gaps.”.

In early 2020, DGCX announced that it became a signatory of the Women’s Empowerment Principles (WEPs), another initiative by the UN Women and UN Global Compact dedicated to promoting women’s empowerment and advancing gender equality.

As part of its commitment to the UN WEPs, the DGCX has pledged to further foster an inclusive work environment by assessing and evaluating its gender equality performance. Through the WEP’s Gender Gap Analysis Tools, the Exchange reviewed its policies and procedures, and reported significant progress by the end of the year, with working females increasing from 19% to 24% - as well as plans to increase this percentage even further this year.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases