Breaking the bias! Gender Equality is Good for Business

Today, on International Women’s Day (IWD), the business community recognizes the value their female staff bring to the company and acknowledge that gender equality is good for business.

The global theme for IWD this year “Break the Bias” resonates well with the corporate sector. Through the Business Coalition for Women (BCFW), the PNG business sector continues to create gender equality in the workplace by addressing family & sexual violence, developing women into leadership positions and generating more opportunities for women.

A recent research conducted by the Private Sector Development Initiative (PSDI) titled “Leadership Matters: Benchmarking Women in Leadership in the Pacific Women” which will be launched in April, found that women are underrepresented in all spheres globally despite the well-documented benefits, women hold.

Bias in the form of stereotyping, gender based violence, discrimination and harassment results in the lack of women in leadership roles, thus, negatively impacting company performance, productivity, profitability and constraining development and economic growth.