Original disclosure @ IFC website
Updated in EWS Apr 14, 2023
Disclosed by Bank Aug 9, 2022
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According to the Bank’s website, IFC’s study of listed firms across ASEAN and China finds that companies with boards with at least 30 percent women have higher returns on assets and equity compared to companies without any woman on boards (IFC, 2019). Gender diversity in leadership is also associated with stronger corporate governance and performance on environmental and social sustainability (IFC, 2018). As a traditional tower company heavily engaged in construction and operations & maintenance, Guodong has a significant gender gap in employment and leadership.
The proposed advisory seeks to enhance business value by addressing gender gaps in employment and leadership through a comprehensive diagnostic with the following components:
1. Analyze the current gender gaps in Guodong according to location, levels, and job types
2. Understand drivers of gender gaps in employment and leadership
3. Identify opportunities for the company to benefit from improved gender balance
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Guodong Construction Group||Client||-|
No contact information provided at the time of disclosure.
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