Denominator commits to Women’s Empowerment Principle

Last year, Denominator committed to Women’s Empowerment Principles (WEPs). The initiative currently has 5.788 committed companies worldwide and Denominator is one of 233 companies in the US. You can find WEPs signatories here.

WEPs are a primary vehicle for corporate delivery on gender equality dimensions of the 2030 agenda and the United Nations Sustainable Development Goals. By joining the WEPs community, CEOs signal a commitment to this agenda at the highest levels of the company and to work collaboratively in multistakeholder networks to foster business practices that empower women. These include equal pay for work of equal value, gender-responsive supply chain practices, and zero tolerance against sexual harassment in the workplace. 

Together with business leaders from across the globe, Denominator’s CEO Anders A. L. Rodenberg express support for advancing equality between women and men to: 

  • Bring the broadest pool of talent to our endeavors;  
  • Further our companies’ competitiveness;  
  • Model behavior within our companies that reflects the society we would like for our employees, fellow citizens, and families; and 
  • Encourage economic and social conditions that provide opportunities for women and men, girls and boys. 

The Women’s Empowerment Principles were established by UN Global Compact and UN Women, and the WEPs are informed by international labour and human rights standards and grounded in the recognition that businesses have a stake in, and a responsibility for, gender equality and women’s empowerment. The WEPs are also supported by the European Union.

In 2021, WEPs launched a snapshot of 350 companies in G7. The study 1) Highlights G7 countries’ laws and policies impacting the lives of women, 2) Provides a snapshot of the status of WEPs implementation of the largest 350 companies in the G7, and 3) Illustrates that WEPs signatories generally perform better on gender equality than non-WEPs signatories.

Learn more about Women’s Empowerment Principles and how your company can engage here.