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bottom-line benefits to gender parity

  • 1.  bottom-line benefits to gender parity

    Posted 06-21-2017 13:27

    Thought you all would find this interesting. McKinsey has actually quantified the benefit of achieving gender parity in Canada.

    In an article about the new report, the research firm states, "By taking steps to address this issue, Canada could add $150 billion in incremental GDP in 2026 or see a 0.6 percent increase of annual GDP growth. That's 6 percent higher than business-as-usual GDP growth forecasts over the next decade. Put another way, this figure is equivalent to adding a new financial-services sector to the economy."

    This for a nation that is ranked in the top 10 already in women's equality.

    The article also give 5 initiatives from best-in-class corporations in Canada.

    Does anyone know of other similar studies?

    Read more: The power of parity: Advancing women's equality in Canada

    McKinsey & Company remove preview
    The power of parity: Advancing women's equality in Canada
    Canada, a global leader on gender equality, has seen progress stall over the past 20 years. Further tapping into women's potential could reenergize Canada's economy and its businesses. Accelerating progress toward gender equality is not only a moral and social imperative, it would also deliver a growth dividend for Canada.
    View this on McKinsey & Company >

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