Focusing on gender equality is core to development. It is also smart economics. There is clear evidence from the World Bank Group and other cross-disciplinary organizations that no country, community, or economy can achieve its potential or meet the challenges of the 21st century without the full and equal participation of women and men. Improving gender balance has proven to enhance financial performance, improve development outcomes, stimulate innovation, and result in safer work environments.
As employees, particularly in executive and management positions, women’s representation can strengthen a utility’s business and social performance, better anchoring the company in its operating environment. Companies with greater gender equality are more innovative, generous, and profitable.