Women’s participation in decision making is crucial in the MENA region’s fight against climate change, recent study reveals

  • Date: 14-Nov-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Women’s participation in decision making is crucial in the MENA region’s fight against climate change, recent study reveals

- Female investors and policymakers are twice as likely to consider ESG compared to their male counterparts

- Gender diversity on boards can boost an organization’s performance

- Supporting women’s mentorship programs and networking events can move the needle on equality

Dubai, United Arab Emirates: Boardrooms that have the benefit of diverse opinions from women leaders, minority and ethnic groups, are expected to have an edge over competition when it comes to climate action. This is according to a study commissioned by Arab Petroleum Investments Corporation (APICORP), a multilateral energy focused financial institution, in collaboration with 30% Club, The American University in Cairo (AUC) and Arabian Business.

With the MENA region hosting COP 27, the study examines the role of women’s leadership in tackling climate change from leading voices across different sectors, offering a call to action for corporates to achieve diversity at the decision-making table. It proposes practical solutions including mentoring, offering accelerator programs, and networking events which are helping women break the glass ceiling and gain access to decision-making roles.

Raeda Al Sarayreh, Director, Corporate Communications and Outreach, Arab Petroleum Investments Corporation (APICORP) commented: “Despite the recent momentum behind gender equality, there is a need for more women representation in conversations shaping boardroom