COFIDES has adopted the United Nations Women’s Empowerment Principles (WEPs) as part of its commitment to promoting gender equality and women’s empowerment in the workplace, marketplace and community

COFIDES' Chairman, José Luis Curbelo, stressed "our satisfaction at adhering to these principles, a further step in a trajectory in which we have placed people at the center of our corporate strategy. COFIDES is committed to initiatives that, like this one, demonstrate their real impact through the measurement and evaluation of tangible results, as we have been doing for years with our own methodologies in the environmental and climate fields".

“We congratulate COFIDES for taking the first step on their WEPs journey. We consider the company a key partner in closing gender gaps in the workplace, marketplace and community and in advancing the Sustainable Development Goals”, highlighted Phumzile Mlambo-Ngcuka, UN Women Executive Director.

ABOUT THE WOMEN’S EMPOWERMENT PRINCIPLES

The Women’s Empowerment Principles (WEPs) guide businesses on how to promote gender equality and empower women in the workplace, marketplace and community. Jointly established by the UN Global Compact and UN Women, the WEPs are underpinned by international labour standards and human rights and by the recognition that businesses have an important role in promoting gender equality and women’s empowerment.

Adopting the seven principles is the best way that businesses can deliver on the ambitions for gender equality and women’s empowerment as outlined in the 2030 Agenda on Sustainable Development and in the 17 SDGs.

ABOUT COFIDES

COFIDES is a public-private company that manages state funds, as well as its own resources and those of third-party institutions with different objectives: internationalisation of the Spanish economy, promotion of economic development and reinforcement of the solvency of the companies affected by COVID-19. In addition to the State, its shareholders include Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell and CAF-Development Bank of Latin America.

COFIDES has been a founding member of the Spanish Global Compact Network since 2005, with the mission of serving as a liaison with the United Nations, promoting the dissemination of the Global Compact in Spain and raising awareness among Spanish companies in areas such as human rights, labor, the environment and anti-corruption.

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