NAIROBI, (Xinhua) --
The UN on Tuesday urged Kenya’s private sector to
mainstream gender in order to boost their investment returns.
UN Women’s Economic
Empowerment Program Analyst Banu Khan told Xinhua in Nairobi
that numerous studies have shown that having women at the
decision making level of private sector has both financial and
non financial benefits.
“Women also bring a
different perspective and experience to the private sector and
this will be a good thing for Kenya’s business community,” Khan
said when a interior design and construction company signed the
United Nations Women’s Empowerment Principles (WEP).
He said that by
signing to the WEP, the private sector can play a part in
contributing to the achievement of gender equality and the UN
Sustainable Development Goals.
So far over 40
Kenyan organizations including companies and membership
organizations have been signatories of the WEP.
Khan said that if a
CEO of an organization signs on to the WEP, it sends a signal
that the firm is committed to gender equality and empowerment of
She noted that Kenya
is making significant progress towards the achievement of gender
Khan said the idea
of the WEP started in Kenya in 2014 so as to include the country
into the global conversation of UN SDGs.
According to the UN
official, empowerment of women is a win-win strategy for the
private sector as well as the women involved.
Khan said women
should also be mainstreamed into the private sector as they make
up about 50 percent of the talent pool in the country.
After signing on to
the WEP, a company joins institutions across the globe committed
to fair treatment, economic empowerment and having women at the
center of driving growth and innovation at all levels of the