AVN 67.05 Increased By ▲ 1.85 (2.84%)
BAFL 31.05 Increased By ▲ 0.31 (1.01%)
BOP 4.88 Increased By ▲ 0.08 (1.67%)
CNERGY 3.78 Increased By ▲ 0.07 (1.89%)
DFML 14.49 Increased By ▲ 0.28 (1.97%)
DGKC 41.61 Increased By ▲ 0.56 (1.36%)
EPCL 46.22 Decreased By ▼ -0.23 (-0.5%)
FCCL 11.63 Increased By ▲ 0.23 (2.02%)
FFL 5.11 Increased By ▲ 0.06 (1.19%)
FLYNG 5.80 No Change ▼ 0.00 (0%)
GGL 10.40 Increased By ▲ 0.07 (0.68%)
HUBC 67.54 Increased By ▲ 0.67 (1%)
HUMNL 5.77 Increased By ▲ 0.06 (1.05%)
KAPCO 28.00 Increased By ▲ 0.24 (0.86%)
KEL 2.29 Increased By ▲ 0.09 (4.09%)
LOTCHEM 25.06 Increased By ▲ 0.16 (0.64%)
MLCF 21.67 Increased By ▲ 0.23 (1.07%)
NETSOL 86.06 Increased By ▲ 2.46 (2.94%)
OGDC 92.38 Increased By ▲ 6.48 (7.54%)
PAEL 11.06 Increased By ▲ 0.05 (0.45%)
PIBTL 4.23 Increased By ▲ 0.01 (0.24%)
PPL 80.15 Increased By ▲ 5.67 (7.61%)
PRL 13.64 Increased By ▲ 0.21 (1.56%)
SILK 0.89 Decreased By ▼ -0.03 (-3.26%)
SNGP 43.47 Increased By ▲ 3.07 (7.6%)
TELE 5.93 Increased By ▲ 0.07 (1.19%)
TPLP 15.82 Increased By ▲ 0.42 (2.73%)
TRG 114.88 Increased By ▲ 3.47 (3.11%)
UNITY 13.76 Increased By ▲ 0.01 (0.07%)
WTL 1.16 Increased By ▲ 0.02 (1.75%)
BR100 4,124 Increased By 87 (2.16%)
BR30 14,930 Increased By 518.1 (3.59%)
KSE100 41,191 Increased By 719.6 (1.78%)
KSE30 15,494 Increased By 331.4 (2.19%)
Follow us

KARACHI: Thirteen companies signed a pledge on Tuesday committing to advance the participation of their women employees in tackling climate change, as part of a new initiative launched by the International Finance Corporation (IFC) and the Pakistan Business Council (PBC).

The Climate2Equal initiative, launched on Tuesday in Karachi, will establish a peer learning platform bringing together more than 90 Pakistani companies from the sectors hit hardest by climate change, including textiles, telecommunications, e-commerce and logistics. The aim is to support these companies in implementing gender-responsive climate action plans.

Members will be offered trainings and webinars and be able to exchange information and strategies to develop effective plans. IFC and PBC will also provide more in-depth capacity building to companies that make and implement pledges regarding gender and climate and showcase best practice and testimonials to provide a demonstration effect.

“I am certain the pledges made today by leading members of the business community will be instrumental in ensuring that women employees, managers, and decision-makers are at the forefront of designing climate-smart solutions to address the impact of climate change in Pakistan,” said Ehsan Malik, Chief Executive Officer of the PBC.

According to the Country Climate and Development Report (CCDR) released by the World Bank Group in November 2022, women are likely to be disproportionally affected by the floods due to their limited access and availability to social protection and coping mechanisms. This is especially true for women working within the agriculture sector, the largest employer of women in Pakistan.

IFC and PBC will hold several events and webinars for the companies over the next few months, inviting prominent national and global experts to showcase the benefits of women contributing to business-led climate action and profitability.

“Recognizing the connection between gender and climate action is essential in adapting to climate change and putting women at the centre of decisions by businesses in this context is going to be critical,” said Zeeshan Sheikh, IFC Country Manager for Pakistan and Afghanistan.

“We were delighted that Pakistan is amongst the first countries in the region where the Climate2Equal initiative is being launched by IFC and we are pleased by the strong support received from the business community.”

The Climate2Equal initiative falls under the umbrella of IFC’s Pakistan2Equal project, which aims to advance the participation of women in the workplace and incorporate climate action to help boost Pakistan’s economy.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Climate change: 13 firms pledge to promote participation of women workers

Pakistan, IMF grapple for consensus to unlock critical funding

PM Shehbaz orders immediate restoration of Wikipedia

Daraz Group lays off 11% global workforce to prepare for ‘current market reality’

Rupee up 0.46%, ends day at 275.30 against US dollar

KSE-100 jumps over 700 points amid return of positive sentiment

Pharmaceutical companies seek ‘inflationary adjustments’ in medicine prices

Second hike in two weeks: Honda Atlas jacks up car prices by up to Rs550,000

PM Shehbaz announces aid for quake-hit Turkiye

India opens its largest helicopter factory in new defence push

Govt projection of achieving $3bn current account surplus in FY23 ‘unrealistic’: PBC