Policy: Creating Gender Equality through Procurement
Alanna Bastin-Byrne
Communications & Marketing | Community & Stakeholder Engagement | Government Relations
Femeconomy has partnered with The 30% Club and leading Australian Board Directors to develop a Gender Equality Procurement Policy, to support organisations to implement procurement strategies that create gender equality across their supply chains, and foster ethical supply practices.
WOMEN LED BUSINESS
The Australian Government report that 34.8% of Australian business owner managers are female. However, women owned businesses attract less than 2% of the global procurement market (United Nations). This gap presents an opportunity to create gender equality through ethical supply chains to enable Australia to achieve economic outcomes for businesses and communities.
ALL ORGANISATIONS CAN IMPLEMENT GENDER EQUALITY PROCUREMENT PRINCIPLES
Whether your organisation is a sole trader, small business, medium sized business, not-for-profit, government entity, or large corporation, you can choose to include women led businesses in your supply chain.
Every budget owner has the power to take action to be consciously inclusive of women led businesses. Research shows this leads to greater profitability, and better organisational outcomes.
Your action could be as simple as setting a goal that at minimum one women led business is included in every procurement/request for quote.
Transform into an unstoppable force by supercharging your health and mindset. Author / Integrative Health Practioner / Mindset Transformer / Personal Change Mentor
1 年Gender equality is great. Women in business have to develop their mindset to be competitive and relevant in the market.
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4 年Such a great initiative, 2% of global procurement - what a statistic !!! Ok courageous Females is 10% a realistic goal by 2025.. sound good to me
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4 年Fantastic work!
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4 年Great partnership, policy and associated toolkit.