SDG 5: GENDER EQUALITY

Recognised for our firm and solid commitment to gender equality

#social action #business #SDG

No country in the world has reached equality between men and women. We need to redouble our efforts for everyone to have the same opportunities and rights, and that's how we will achieve a more peaceful, prosperous and sustainable world.

Inequality between men and women is seen in each and every dimension of our lives. According to the UN report Turning promises into action published in 2017, it is the women who are the first to go hungry when there isn't enough food in the house. The same study also states that they are the ones who are paid the least: the salary gap worldwide was 23% at the end of 2017. And it also reveals that one out of every five women and girls has suffered physical or sexual violence at the hands of their partner in the last 12 months.

What's more, according to the UN, 49 countries still have no laws to protect women against violence. And, specifically, the same organisation decries the fact that in the public sphere they hold only 23.7% of political posts.

Reversing these facts has become a real challenge for the 150 countries that signed the 2030 Agenda in 2015. This is why achieving true gender equality right across the board is number five of the 17 UN Sustainable Development Goals.

Keys to understanding world gender inequality.#RRSSKeys to understanding world gender inequality.

 SEE INFOGRAPHIC: Keys to understanding world gender inequality [PDF]

IBERDROLA SUPPORTS GENDER EQUALITY

Within the Iberdrola group we maintain a firm commitment to our human capital as our best asset and the key to our success, and we are firmly behind a social model committed to professional excellence and quality of life for our employees. Our corporate policy is focused on creating a favourable labour relations framework based on equality of opportunity, non-discrimination and respect for diversity.

The commitment and contribution of the Iberdrola group to no gender discrimination has been acknowledged in 2019 by Bloomberg by the inclusion of the company in the 2019 Bloomberg Gender-Equality Index (GEI). For the second year in a row, we are the only Spanish energy company in this index, which seeks to recognise those companies that have embraced a firm and solid commitment to gender equality. At Iberdrola, as set out in our Work/Life Balance and Equality of Opportunity Policy [PDF], we consider equality between men and women to be one of our essential company values, and for this reason we have launched over 70 different measures in Spain alone.

WHY IS THE UN'S GENDER EQUALITY GOAL SO IMPORTANT?

According to the UN, women and girls represent half the world population, so they make up half of the world's human potential. When their lives improve, when we achieve gender equality, the whole of society will reap the benefits, making the world a more peaceful, prosperous and sustainable place. For example granting women access to a decent job and a regular income will not only help reduce poverty (SDG 1) but will also help achieve better results in the education, health and nutrition of women, girls and those who depend on them (SDGs 2, 3 and 4).

According to the World Bank, inequality between countries is currently higher than 25 years ago. In 2017, from a list of 144 countries included in the study The Global Gender Gap Report, produced by the World Economic Forum, Iceland, Norway and Finland lead the field in gender equality issues.

TARGETS OF THE FIFTH SUSTAINABLE DEVELOPMENT GOAL

Despite significant progress in the field of gender equality since the year 2000, it still isn't enough: currently, no country in the world has reached parity.

Given this situation goals sought for 2030 are:

  • Eliminate all forms of violence against women, such as human trafficking, sexual exploitation, child marriage and female genital mutilation.
  • Recognise and value unpaid domestic work through public services, infrastructures and social protection policies.
  • Guarantee the full and effective participation of women and equality of leadership opportunities at all decision-making levels of political, financial and public life.
  • Introduce and strengthen policies and legislation to promote gender equality and the empowerment of all women and girls at all levels.