I recently had the pleasure of meeting Kavya* (name changed), a passionate 3rd-year B.Tech student, during a career mentoring discussion. As we delved into her interests in technology and sustainability, it was heartening to witness her aspirations to make a positive impact on the world.
Welcome to the future! In this era of rapid change, the fusion of technology and sustainability is reshaping our work landscape, presenting countless opportunities for young talents like Kavya. The tech industry, always in motion, is seamlessly integrating itself into sustainability efforts, creating a symbiotic relationship between technology and environmental solutions.
It’s not just about saving the planet – though that’s undoubtedly cool – it’s also about fostering economic growth and social development. Amidst this transformative journey, it’s crucial to acknowledge the pivotal role women can and must play. They’re not just part of the equation; they should lead the charge. Why? Because they are the driving force behind innovation, paving the way towards a sustainable future for generations to come.
Since 2011, BeyonDiversity has been dedicated to building inclusive workplaces and ecosystems. As a team, we’ve set our sights on the next decade, united in our passion and mission to “Bridge the Gender Gap.” According to a World Economic Forum report, despite recent efforts on gender equity, it will still take over 132 years to close this gap. So, we decided to focus on the trends shaping our future.
Women in STEM: Bridging the gender gap in STEM and sustainability is more than an equality plea; it’s a strategic necessity. Despite progress, only 28% of STEM professionals are women. This isn’t just about parity; it’s an investment in innovation and diverse perspectives.
Women in the Green Economy: In the green economy, women serve as pivotal catalysts for sustainable change. Despite their vital contributions, a gender gap persists, with women constituting only 32% of the global renewable energy workforce (IRENA). Closing this gap is crucial, not just for diversity but for propelling environmental solutions, fostering resilience, and ensuring a thriving and equitable future.
Women on Boards: Elevating women to board positions is essential for diverse perspectives, enhanced corporate performance, and ethical leadership. In India, the data underscores the pressing need to narrow the gender gap on boards. As of 2021, women comprised only 16.9% of board directors in NSE-listed companies (ICSI). Increasing women’s representation correlates not only with improved decision-making and innovation but also strengthens the foundation of ethical leadership and governance.
Financial Inclusion for Women: Financial inclusion for women is pivotal for economic development and gender equality. Providing women access to banking, credit, and insurance unleashes their economic potential. According to the World Bank, increased financial inclusion correlates with a 9.5% rise in overall economic growth. Bridging the financial gender gap isn’t merely about equality; it’s a strategic investment in crafting more robust, resilient, and inclusive economies.
As these trends unfold, it’s evident that women aren’t just part of the future – they’re shaping it. Each woman’s journey, like Kavya’s, contributes to building a more sustainable, inclusive, and equitable world.
As we continue to build advisory solutions, programs and experiences backed with research, we value your input and support in our mission to “Bridge the Gender Gap” and create a more balanced and equal world. Here’s to progress, innovation, and the incredible women leading the way!