Supporting Women’s Empowerment

September 16, 2021

Signify is a signatory of the Statement of Support for the United Nations Women’s Empowerment Principles (WEPs)

Since 2017, Signify has been a member of the United Nations Global Compact. It is one of 12,000 companies that has aligned its operations and strategies with Ten Principles of the Compact, in the areas of human rights, labour, environment and anti-corruption.

“These are now embedded in our policies and guide all key operating decisions,” said Elif Tutum Tuncer, Diversity and Inclusion Manager at Signify.

In July 2021, Eric Rondolat became one of the latest business leaders to sign the CEO Statement of Support for the United Nations Women’s Empowerment Principles (WEPs). To date, more than 5,000 companies have committed themselves to the WEPs, which is the first global initiative to promote and strengthen women in companies on the basis of seven principles.

In its annual report and on public platforms, the company has made a public commitment to double the number of women in leadership positions to 34% by the end of 2025. In last month’s quarterly earnings announcement, it reported back on its progress stating, “The percentage of women in leadership positions was 25%, on track to reach the 2025 target of 34%.” 

Supporting the UN Women’s Empowerment Principles underpins Signify’s commitment and is another step towards ensuring equal opportunities, fairness, and impartiality for all.

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 labor 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.