Reports & Indices Current Affairs - 2019
This category comprises Current Affairs 2019-2020 related to various reports and indexes / indices by National and International Bodies and organizations such as World, Bank, World Economic Forum, NITI Aayog and various other educational and research organizations. We also place report highlights of various committees and commissions in this category.
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According to a recent report released by United Nation’s (UN) International Labour Organization (ILO), Companies that improve gender diversity especially at top perform better and rake in higher profits.
- About: The report released by UN’s ILO is titled as “Women in Business and Management: The business case for change.”
- Based on: The report findings are based on a global survey conducted by ILO of about 13,000 companies across 70 countries. It also analysed data from 186 countries from a period between 1991 and 2017.
- Key Findings of Report
- Companies that improve gender diversity (i.e. equitable representation of people of different genders) especially in their management perform better and reported higher profits hikes in between 5% to 20%.
- An analysis of data from 186 countries for period 1991-2017 showed that Countries that increase women employment see better economic growth.
- As per 57% companies, growing number of women at top made it easier for company to attract and retain talent.
- Over 54 % companies agreed that with effective gender inclusivity they improved in creativity, innovation and openness and enhanced their company’s reputation.
- Significance: The report results are eye-opening as it shows that companies should look at gender balance as a bottom-line issue and not just as a human resources issue.
About International Labour Organization (ILO)
- It was founded on 29 October 1919 and is headquartered in Geneva Switzerland.
- It became United Nations first specialised agency in 1946.
- ILO has 187 member states. 186 of them are out of 193 UN member states and plus Cook Islands.
According to analysis by The United Nations Educational, Scientific and Cultural Organization (UNESCO), women remain considerably under-represented across STEM (science, technology, engineering and math) studies and careers.
- Statistics: According to UNESCO, globally only 29% of those in science research and development (R&D) are women, with a low 19% in south and west Asia and high 48% in central Asia.
- Reason: Most young women do not identify with STEM studies or careers and assume that these subjects would not align with their desire to be creative and make an impact in world.
- Consequences: As per experts this trend would further widen the gender gap in technology world and by shying away from STEM Women will also miss contributing to next generation of technologies and innovations.
- Teachers and technologists must take up responsibility to break misperception among women that STEM does not relate to world at large.
- They must build passion for STEM subjects among women students by designing computer science curricula around societal challenges and giving young women more exposure to female role models.
- Improving Awareness:
- Example- Microsoft, the technology major has taken up an initiative to encourage women to pursue careers in STEM and is working to get students and young women excited about STEM subjects.
- Such initiatives help raise awareness about issues that cause girls to drop out of or lose interest in STEM and aims to hold their excitement by showing them that if they stay engaged how they can change the world.
Steps Taken By UNESCO
- To strengthen and focus UNESCO’s work in support of gender equality in Science, Technology and Innovation (STI) it launched STEM and Gender Advancement (SAGA) project in 2015. It is a global UNESCO project supported by Swedish Government through the Swedish International Development Cooperation Agency (Sida).
- It offers governments and policymakers a variety of tools to help reduce current global gender gap existing at all levels of education and research in STI fields.