T.o Celebrating International Women’s Day on March 8, Nasdaq exchanges around the world participated in the seventh annual Ring the Bell for Gender Equality, an event led by UN Women and its global partners. It aims to bring attention to the vital role that the private sector can play in promoting gender equality in achieving the Sustainable Development Goals and raising awareness Principles of empowerment of women (WEP).
For International Women’s Day (IWD) 2021, the IWD organization announced that this year’s broader theme is “working for an inclusive world by addressing gender bias and inequality. The IWD, born in 1911, it not only celebrates the social, economic, cultural and political achievements of women, but also marks a call to action to accelerate women’s equality.
In the midst of the coronavirus pandemic, however, women have been adversely affected in three areas: income, health and safety, according to Anita Bhatia, United Nations Assistant Secretary-General and Deputy Executive Director for Resource Management, Coordination of the Nations system. Unite, sustainability and Partnership, UN Women. Regarding income, Bhatia noted that many jobs have been lost in female-intensive sectors, such as retail, tourism and travel. Compounding income instability, women’s health concerns have taken a back seat to the global pandemic and violence against women has intensified.
Following the impacts on women during the pandemic, UN Women established “Women in charge: achieving an equal future in a COVID-19 world”, As a theme for IWD, recognizing the efforts of women and girls around the world to shape a fairer future and recovery from the COVID-19 pandemic, while addressing the gaps that remain.
“We have many important problems to solve and new problems that are arising that have only become visible as a result of the pandemic,” said Bhatia during Women in Leadership: Achieving a Equal Future in a COVID-19 World Conference on March 8, which Nasdaq organized in collaboration with UN Women and NYC Fintech Women. “One opportunity we have is to say, as we try to rebuild better, ‘What can each of us do?'”
To help raise awareness of the business case for women’s economic empowerment and the opportunities for the private sector to promote gender quality and sustainable development, Nasdaq participated in the “Ring the Bell” campaign.
The Nasdaq rings the bell for gender equality
For this year’s IWD, UN Women and five major partner organizations – International Finance Corporation, UN Global Compact, Women in ETFs, World Federation of Exchanges and Sustainable Stock Exchanges Initiative – have invited stock exchanges around the world to “Suon the Bell for Gender Equality “. . “
This year, over 100 scholarships around the world pledged to promote gender equality by dedicating a bell ceremony to this cause, including several Nasdaq scholarships.
Watch the global celebrations:
New York, United States
New York kicked off the IWD celebrations at Nasdaq with a bell ceremony on March 1, the first exchange among more than 100 attendees to ring the bell for gender equality. Nasdaq Lithuania and Latvia also joined this bell.
“It is our fundamental belief that equality for all leads to better business outcomes and is essential to creating inclusive and prosperous economies,” said Adena Friedman, President and CEO of Nasdaq. “The last year has been particularly busy for women. According to a study by UN Women, women are bearing the brunt of the social and economic impact of COVID-19 and, in many countries and industries, women’s progress has subsequently slowed. It is therefore up to all of us to raise awareness of gender quality and engage in this initiative by designing policies and implementing plans with intention and purpose. “
On Monday, Carsten Borring, Head of Listings at Nasdaq Copenhagen, rang the bell for gender equality along with Sara Krüger Falk of Global Compact Network Denmark and guest speaker Pernille Sandberg Bech, founder and CEO of Goodtalks. The event was supported by the UN Women Nordic Office.
In Estonia, IWD began with a ringing of bells ceremony and moved on to virtual discussions between Kaarel Ots, CEO of Nasdaq Tallinn Stock Exchange, and members of the Smart Women’s Club. The discussion covered topics including how to bring more women to investing and how to better empower women in the financial markets. Participants of the Smart Women’s Club included founder and CEO Maire Martinson, as well as entrepreneur Kersti Toots and Kairi Antson, head of curriculum at Estonian Entrepreneurship University Aet Kull, among others.
For IWD, Nasdaq Helsinki hosted UN Women and Global Compact Network Finland along with 40 guests online. Jaana Hirsikangas, Executive Director of UN Women Finland, started the virtual event by ringing the opening bell, followed by a panel discussion with Lenita Toivakka, Executive Director of Global Compact Network Finland, Suvi Tappurainen, CEO of Nordnet Bank of Finland, Piia -Noora Kauppi, CEO of Finance Finland, Pia Santavirta, CEO of Finnish Venture Capital Association, Leena Linnainmaa, Secretary General of the Director’s Institute of Finland, Sari Lounasmeri, CEO of Finnish Foundation for Share Promotion, and Suvi Halttunen, founder of 3bility Consulting.
For International Women’s Day 2021, UN Women Finland Executive Director Jaana Hirsikangas rang the opening bell at Nasdaq Helsinki.
Nasdaq Iceland, along with UN Women in Iceland, the Confederation of Icelandic Employers (UN Global Compact) and FKA, an association of female business leaders, celebrated the IWD at the Harpa Conference Center, marking the first in-person event in one year.
Magnús Harðarson, president of Nasdaq Iceland, made a welcoming remarks before the guest of honor, Icelandic Prime Minister and Gender Equality Minister Katrín Jakobsdóttir, gave a thought-provoking speech and presided over the bell.
Latvia celebrated Ring the Bell for Gender Equality with New York on March 1st.
In Sweden, Nasdaq’s Gunilla Hellqvist, Helena Wedin and Rebecka Wulfing celebrated the IWD by ringing the opening bell, along with more than 120 attendees virtually.
In Stockholm, Nasdaq’s Gunilla Hellqvist, Helena Wedin and Rebecka Wulfing rang the bell to celebrate International Women’s Day 2021.