Original disclosure @ IFC website
Updated in EWS Jun 1, 2022
Disclosed by Bank Feb 1, 2022
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According to IFC, the project is aiming to scale up the business case for gender equality among more Sri Lankan companies and to develop the capacity of a local partner to continue to support Sri Lankan businesses to foster gender equality after IFC exits. The project will work with at least 30 private sector firms across the project activities, with sector and firm level activities, to achieve the objective of helping companies to better recruit, retain and promote women, and to address the potential negative impacts of C-19 on women’s employment in Sri Lanka. It will do this through at least one peer learning platform (component 1), firm level deep-dives utilizing the EDGE tool and to create new childcare solutions for clients (component 2), as well as through new knowledge products to provide the evidence base for creating respectful workplaces and addressing bullying and harassment in the workplace in Sri Lanka (component 3).
In order to help address women's low labor force participation in Sri Lanka, the overarching goal of this project is to support companies to better recruit, retain and promote women, including by addressing the impacts of C-19 on women’s employment. The project aims to achieve the following impacts and outcomes by project close:
1. At least 18 companies implement gender smart policies
2. At least 15,000 people benefit from entities improved labor policies
3. At least 12 companies report maintained business continuity and/or improved business performance
4. At least 400 women jobs supported
5. Reduction of 5% in expected cost associated with addressing gender-based violence and harassments in the workplace.
No contact information provided at the time of disclosure.
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