Shalini Nair, Co-founder and Board Director,... ... International Women's Day 2024 Live Updates: Women Leaders on "Invest in Women: Accelerate Progress."
Shalini Nair, Co-founder and Board Director, Ennoventure, Inc. -
"The theme "Invest in Women: Accelerate Progress," spotlights the importance of investing in women for the betterment of society and businesses alike. Research consistently shows that companies that prioritize gender diversity are more innovative, profitable, and socially responsible. A McKinsey report revealed that firms in the top quartile for gender diversity on executive teams were 25% more likely to experience above-average profitability than companies in the fourth quartile. This underscores the significant impact that women bring to the table – driving innovation, fostering creativity, and leading sustainable practices.
The empowerment of women triggers a ripple effect that benefits everyone. When women are supported, they elevate communities, boost economies, and pave the way for a more inclusive and equitable society. Their contributions are transformative, setting the foundation for a future where everyone can prosper. The multiplier effect of investing in women is profound, with every dollar spent generating a significant return in terms of social and economic outcomes.
We understand the transformative power of investing in women, which is why our initiatives are geared towards maximizing their potential. This International Women's Day, Ennoventure, Inc. reiterates its dedication to advancing gender equality, inviting collaboration to further this crucial cause."