International Women’s Day

08/03/2024

International Women’s Day is celebrated on March 8th every year, to honour the women who have campaigned for women’s rights and remember their courage and resilience. This day stands as a global acknowledgment of the social, economic, and political achievements of women.

Celebrating International Women’s Day provides a platform to recognise the remarkable achievements of women across various fields. From Science, Politics, Business, Arts, Sports, and Activism- Women have made significant strides, breaking barriers, and shattering stereotypes along the way. Their accomplishments inspire future generations of women and exhibit the limitless potential of women when given equal opportunities.

Women have a strong impact in business and are indispensable drivers of diversity and inclusion. Embracing gender diversity in businesses not only reflects a commitment to equality but also yields tangible benefits to organisations. Women bring diverse perspectives, experiences, skills, and character to the table which enriches decision-making processes and fosters innovation which in turn enhances overall performance. Studies (1) show that companies with greater gender diversity at all levels of leadership tend to outperform their less diverse counterparts. Positively, a recent study (2), by the ONS, found that the gender pay gap has been slowly declining overtime, by approximately a quarter over the last decade and has decreased across all major occupational groups between 2022 and 2023. However, there is still a significant difference in the gender pay gap between employees over the age of 40 and those under 40 years, moreover the gender pay gap among high earners is much larger. Despite some progress, the gender pay gap remains a pervasive issue globally and serves as a reminder of the challenges that persist in the journey towards gender parity.

The United Nations theme this year is ‘Invest in Women: Accelerate Progress’ (3). Which aims to address systemic barriers that hinder Women’s advancement. It also highlights the importance of achieving gender equality not only as a fundamental right but also as a catalyst for sustainable economic and environmental development. The UN highlights that ‘one of the key challenges in achieving gender equality by 2023, is the alarming lack of financing, with a staggering 360 billion USD annual deficit in spending on gender-equality measures.’ By increasing funding and empowering women and girls globally through education, mentorship, and advocacy we can drive progress. International Women’s Day brings together individuals, organisations, and governments from around the world to advocate for gender equality and Women’s rights. By joining forces, we can leverage resources, expertise, and influence change to build a more inclusive and equitable world for future generations.

At psd, we celebrate and value women every day. From leadership roles to creative contributions, we recognise the diverse talents and perspectives that women bring to our organisation. We are committed to fostering an inclusive and supportive environment where all individuals feel empowered to succeed, and we want to celebrate the achievements of women everywhere – thank you for all that you do!

As we celebrate, let’s reflect on the progress made and the work that lies ahead. Through education, open dialogue, and activism we can create a more inclusive society where every individual can thrive regardless of their gender. Let’s honour the achievements of women past and present, together we can Inspire Inclusion (4) and create a world where every woman and girl have the opportunity reach their potential and to contribute to a brighter future for all.

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