Collective Action Magazine Edition 2. Dec 2022

A 2014 report released by professional services firm KPMG, titled Too Costly to Ignore – The Economic Impact of Gender- Based Violence in South Africa, estimated that the economic impact of gender-based violence, for the

PTY to acknowledge and respond to the persistent power imbalances that still plague the private sector. It will be a first step in living up to the values of equity and inclusion — not just on paper, but in practice. Change is long overdue. I would like to urge South African companies to explore the deep learning and unlearning needed There is immense power in working together. We have the knowledge and the resources to succeed. We need to build on the progress we have made thus far, and relentlessly mobilise our commitments into tangible action. These changes need to demonstrate equality in every aspect of life at work, with companies using every available platform to advocate for meaningful change. This includes everything from its training and remuneration policies, sourcing principles, and supply chains to messaging and tone in employee communication, and ensuring that business practices such as marketing, communications, sales, and other units do not contribute to gender stereotyping that may influence societal values, norms, and attitudes that condone violence against women. Progressive executives know that gender equality is not only the right thing to do but also the smart thing. But progress is slow, and the need for multisectoral collaboration has always been clear, as suggested in many global and locally released reports.

period 2012 to 2013, was between R28.4 billion and R42.4 billion, representing between 0.9% and 1.3% of annual gross domestic product (GDP). PRIVATE SECTOR 34

Dec 2022 | Collective Action Magazine

Made with FlippingBook interactive PDF creator