TEXT SARA ELENA TORRES HORTAL | IMAGE ISTOCK
The Women’s Empowerment Principles (WEPs) are a set of principles that provide guidance to companies on how to promote gender equality and women’s empowerment in the workplace, marketplace, and community. Established by the UN Global Compact and UN Women — the United Nations organization dedicated to promoting gender equality and women’s empowerment — the WEPs are based on international human and labor rights standards and the recognition that companies have an interest in and responsibility for gender equality and women’s empowerment.
MAPFRE has taken on the WEPs both globally and locally, to date, with our companies in Argentina, Brazil, Ecuador, Spain, Mexico, Peru, Turkey, Uruguay, USA, and Venezuela.
With our participation in this initiative, as part of our Diversity Strategy, MAPFRE:
- Underlines its commitment as a diverse and inclusive company to further progress towards gender equality.
- Strengthens its contribution to UN Sustainable Development Goal Five (Gender Equality), whose objective is to achieve gender equality and empower all women and girls.
In addition, MAPFRE’s adoption of UN Women’s commitments is seen positively in various sustainability indices.
Ensuring women fully participate in all areas of society to create a world with greater equality is a challenge that companies must take on. MAPFRE has also set the objective of closing the gender pay gap among its employees by 2024.