Council Meeting Agenda | Thursday, January 20, 2022
Over the last decade we’ve seen many significant initiatives and indicators of progress toward gender parity across the Asia Pacific region. However, progress has been slow and there have also been many setbacks, especially over the last two years where women have been disproportionately impacted by the COVID pandemic both globally and across Asia. While there is widespread progress on women holding more managerial positions, board positions and parliamentary positions, the latest World Economic Forum gender parity forecast sadly tells us it could take another 165 years to attain gender parity in the region.
Last month, Bloomberg investigated “Why Cities are Failing Working Women”, and identified Singapore, Tokyo, HK, Seoul, and Beijing within the top 15 business hubs. Their analysis concluded that no leading center for commerce is keeping career women safe while ending gender inequality and ‘even the world’s best aren’t great.’ When it comes to gender parity, we are at the crossroads that bears significant social and financial implications. Latest reports suggest that addressing gender gaps could add $95 billion to the Singapore economy and 4.5 trillion dollars to the Asia Pacific economies.
What will it take for more substantial progress to be made in the next few years on gender equity in the region? This ACLC session will examine the issue at both a macro level and at a micro level in the case of Singapore where dynamics can yield insights on calls-to-action that can be extended regionally if not globally.
We will kick of the session with some highlights from the recently launched NINEby9 report on “Gender Parity in Asia: The Moment of Truth” conducted by Yale-NUS and Cadence International. Christine Fellowes NINEby9 Co-Founder will take us through the 9 Truths and 9 Actions.
We’ll then uncover some of the latest Singapore-specific truths on gender parity with highlights from Singapore Business Federation’s new report on “Uplifting Women in the Workforce: Investing in the success of Women in Singapore” which also uncovers some of the gaps in the rate of entrepreneurship among females in Singapore.
An interactive panel discussion will bring to life tangible examples of the collaboration at the individual, company, ecosystem, and national level required for real change.