DMWA Resources endorses Equal by 30 Campaign, encouraging more women to become Players in the Energy Sector

Content provided by APO Group. CNBC Africa provides content from APO Group as a service to its readers, but does not edit the articles it publishes. CNBC Africa is not responsible for the content provided by APO Group.

DMWA Resources (www.DMWAResources.com), a pan-African energy marketing & investment holding, endorses the gender equity campaign, Equal by 30, which aims to encourage women in the clean energy sector to access equal pay, equal leadership and equal opportunities. Alongside 6 partner organisations, DMWA increases the total of signatories to 144, including 118 organisations, 13 partners and 13 governments.

By having a limited workforce, companies are not drawing upon the full range of talent at their disposal. According to the Peterson Institute for International Economics, increasing the number of women in leadership positions from 0 to 30% translates to a 15% boost in profits. Another study, conducted in 2015 by the McKinsey Global Institute, estimates that by taking steps to advance greater equality for women, such as employing more women in technology and boosting women’s participation in the workforce, the world could add $12 trillion to its economy by 2026. As they add: “The public, private, and social sectors will need to act to close gender gaps in work and society.”

DMWA is in a unique position to be able to bring women on board decisively, as investors or creators of opportunities to invest in. “We’re really proud to become signatory today and firmly believe that any sound investment must be one that has women on board. For us, having skin in the game is important and our core focus is on creating long-term value to benefit ourselves, our partners, host countries and their citizens. We are certain that this cannot be achieved without women’s participation.” states Sebastian Wagner, Managing Partner at DMWA Resources.

DMWA Resources endorses the Equal by 30 Campaign principles on gender equality, and commits to the below actions:

We believe in offering a safe, transparent, respectful and inclusive work environment and attractive opportunities for development for all our staff

We are committed to providing training opportunities to all employees to avoid toxic or misogynistic working environments, so that our workplaces are free of harassment, violence and bullying behaviours for all

We are committed to attracting women in all departments

We will aim for approximately 50% representation of women across all levels, including in the leadership team and at board level, by the year 2030

We are committed to providing fair compensation and equal pay for work of equal value. We also commit to providing career progression opportunities

Importantly, we commit to backing investments led by women and which will encourage women’s participation in the energy industry

Finally, we commit to encouraging our clients and partners to have a strong inclusive agenda, which will facilitate women’s involvement in the energy industry

The Equal by 30 campaign is a joint initiative of the Clean Energy, Education and Empowerment Initiative (C3E), which works to advance the participation of women in the clean energy transition and close the gender gap, and the International Energy Agency (IEA). Equal by 30 is led and based at Natural Resources Canada, a division of the Government of Canada.

Distributed by APO Group on behalf of African Energy Chamber.

Take a look at DMWA Resources Holding’s Equal by 30 commitments here. (https://bit.ly/2Xvl999) For the commitments in French, please click here. (https://bit.ly/2TCd4OL) For media enquiries, [email protected]

Media filesDownload logo


Partner Content

THE FUTURE JUST ARRIVED: THE ROLE OF BANKS IN A POST-COVID WORLD

THE COVID-19 GLOBAL pandemic has brought forward the future. It has brought about humanity’s biggest challenge in a century, to choose between...

Mauritius-Africa, a partnership for shared prosperity

By: Mathieu Mandeng In the current complex and challenging circumstances that are testing the...

VIRTUAL VDJ EXPOSES LOCAL CREATIVE AND ENTERTAINMENT INDUSTRY

The City of eThekwini pulled out all stops to give fans of the annual Vodacom Durban July (VDJ). The Virtual Vodacom Durban...

GAUTRAIN – Why It Matters

Economic growth continues to be one of the focus areas for the Gauteng Provincial Government (GPG) and the Gautrain responds to that...

Trending Now

Ivory Coast 2019/20 cocoa arrivals reached 2.004 mln t by July 31 -CCC data

ABIDJAN (Reuters) - Cocoa arrivals at ports in top grower Ivory Coast reached 2.004 million tonnes between Oct. 1 and July 31,...

Egypt’s annual urban consumer price inflation fell to 4.2% in July – CAPMAS

CAIRO (Reuters) - Egypt’s annual urban consumer price inflation fell to 4.2% in July from 5.6% in June, the central statistics agency...

Can These Companies Solve The Plastic Waste Problem?

Plastics are useful. They're used to help make lifesaving medical supplies, lightweight, fuel-efficient car parts, and insulation for our homes. But nearly half of all plastic produced goes towards single-use items such as bags, straws, utensils and

South Africa’s Denel tells unions it can’t honour court ruling on salaries

JOHANNESBURG (Reuters) - South Africa’s struggling state defence firm Denel told trade unions on Friday that it cannot honour a court ruling...

Subscribe to our newsletter

Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox

- Advertisement -