Tuesday, 27 August 2019 - Stanbic Bank Uganda signed up to the United Nations Development Programme (UNDP) Gender Equality Seal Certification Programme for public and private enterprises which aims to reduce gender gaps and promote equality at the work place and women’s economic empowerment.

Pursuit of gender equality at workplace sets in motion employee performance schemes that reduce gender gaps, improving staff productivity and business profitability.

Gender equality and women empowerment is goal No.5 of the 2030 Agenda and it’s 17 sustainable development Goals that was adopted in September 2015 at an historic United Nations summit. The 2030 Agenda is a plan of action for people, planet and prosperity. Its mantra is ‘Leave Noone behind’ and hence the importance of Gender Equality.

Speaking at the signing ceremony, Stanbic Uganda’s Chief Executive Officer, Patrick Muheirwe said Stanbic is committed to reaching parity in leadership and executive positions across all our operations.

UNDP Resident Representative, Elssie Attafuah said that Stanbic, one of Africa’s most recognized brands has made history by standing side by side with UNDP, and indeed, the larger United Nations family on the Gender Equality Seal.

She explained that Gender Equality being recognized and affirmed as a precondition for the realization of sustainable development as it promises, “achievement (not just promotion) of equality and empowerment all women and girls.”

“I applaud UNDP Uganda for tracking the advancement of women in the private sector. Since the 41 private sector companies signed onto the Gender Equality Seal (GES) certification programme and their staff trained, we have seen significant behavioral and attitudinal changes in the companies.” Said Gideon Badagawa, Executive Director PSFU

UNDP is supporting public and private enterprises to implement Gender Equality Seal Programme which calls for gender equality at the workplace. Through the programme, UNDP provides both public and private institutions with tools to enable them put in place policies, products and services that are gender sensitive and inclusive for all. The institutions that sign-up to the GES are monitored through several stages before they get the certification.

Companies that have signed on the GES Certification Programme have reported a motivated and more efficient workforce, with equitable policies that give equal opportunities for every employee with similar qualifications, regardless of their gender.

On August 16, 2016, Private Sector Foundation Uganda (PSFU) pledged to adopt the Gender Equality Seal Certification Programme for private enterprises. Stanbic signing makes it number 42 of the private enterprises that have since signed up to GES