Business Wire

Over Two Thirds of Women Globally Are Not Very Optimistic about Women Achieving Gender Equality in Five Years

Del

A new global survey has found that women of all generations shared similar views about the serious challenges preventing their societies from achieving gender equality. In fact, more than two-thirds of women around the world are not very optimistic that gender equality can be achieved in the next five years, and more than 30 percent believe gender equality is impossible.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170307005573/en/

WU Multi-generational Research Study - Executive Summary 2017 (Graphic: Business Wire)

WU Multi-generational Research Study - Executive Summary 2017 (Graphic: Business Wire)

Women across all five countries (United States, United Kingdom, China, India and Brazil) were unified in their view that unlocking education for girls is key to achieving gender equality, along with accomplishing societal shifts in how girls and women are viewed. Nearly two thirds (63 percent) see gaining equality and inclusivity in the workplace as a vital first step.

The multi-generational research conducted by Research Now and commissioned by Western Union (NYSE: WU), a global leader in payments and official International Women’s Day (IWD) sponsor, surveyed 5,000 women - spanning millennials, Gen X, boomers and senior groups - across the five countries.

Some of the key findings in the research include:

  • 69% of women say girls need to be encouraged to speak up more to advocate for themselves, while 66% believe boys must be taught to listen, understand and respect more;
  • More than 67% say society expects women to take on responsibilities that it does not expect men to take on;
  • 78% feel that men and boys still believe they are superior to women;
  • 45% identify social and cultural factors where girls are viewed as inferior to boys and not worth educating as a barrier to girls accessing a quality education;
  • 62% say it is important to have educational programs that “teach girls diverse skills to be effective leaders and take risks”;
  • 60% also feel that it is important to have school social programs that grow girls’ confidence/self-worth;
  • Half of women want more lessons and textbooks to teach about the lives and accomplishments of women.

Education has the power to be life changing for girls and a key determinant of their quality of life. Eighty-four percent of women agree that if we break down the barriers to quality education for all girls, we can unlock their potential and develop women that will change the world - immaterial of where they are based across the globe.

President and CEO Western Union Hikmet Ersek, said: “These results are sobering, and show that all of us – as business leaders, global citizens, and parents – have a long way to go to achieve gender equality.

“Western Union believes that every girl, everywhere, should have the chance to pursue her dreams and goals. That’s why we are a proud participant in International Women’s Day and we’re proud that 90 percent of the grants provided through the Western Union Foundation over the past 15 years have gone towards education programs.”

In parallel, the Western Union Foundation is also announcing for IWD the “WU Scholars Program,”* a global scholarship program, dedicated to the education and empowerment of students around the world, including even more women.

“Education is one of the most important investments we can make,” Ersek added. “It turns girls into leaders. It turns global citizens into economic drivers, who then continue to invest in education. It breaks down barriers to education and empowers a bolder generation of young women to achieve their true potential.”

Western Union operates in more than 200 countries and territories around the world, and more than half of the people who sent money through its money transfer business in 2016 were women. Of those who received funds through Western Union, more than 65 percent were women.

The company has also undertaken a multi-year effort – the Chain of Betters initiative – to stimulate recognizing good deeds, and extraordinary efforts by people to help one another. This year, Western Union has created a short video that inspires communities to champion a bolder generation of women through education. The video www.wu.com/chainofbetters/iwd/ shines a light on young girls in tribute of International Women’s Day.

Breaking down barriers

These findings have inspired Western Union to expand its commitment to break down barriers across the globe and launch a $250,000 Global Scholarship Program, which launches on March 8 in line with IWD 2017. The program will provide financial support to students around the world, including young women, giving access to the knowledge and skills needed to pursue their dreams with confidence - www.WUScholars.org.

#BeBoldForChange

In honor of IWD, Western Union is inviting people to empower women by sharing the best, bold advice they’ve ever given or received about fearlessly pursuing a dream. It might be a piece of sage advice from your mom, your favorite inspirational quote, or something you say to your kids. Use hashtags #TheRaceIsOn #BeBoldForChange to inspire others and show you believe every girl deserves her place on the starting line.

To review the key global findings of the study, please visit https://www.westernunion.com/blog/women-globally-arent-optimistic-gender-equality/.

Key Country findings

United States:

  • 80% of American women are not very optimistic that gender equality can be achieved in the next five years, and 20% believe gender equality is impossible;
  • 74% say girls need to be encouraged to speak up more to advocate for themselves, while 69% believe boys must be taught to listen, understand and respect more;
  • 69% say society expects women to take on responsibilities that it does not expect men to take on;
  • 73% feel that men and boys still believe they are superior to women;
  • 38% identify social and cultural factors, where girls are viewed as inferior to boys and not worth educating, as a barrier to girls accessing a quality education;
  • 66% say it is important to have educational programs that teach girls diverse skills to be effective leaders and take risks;
  • 52% want more lessons and textbooks to teach about the lives and accomplishments of women;
  • 82% agree that if barriers to quality education for all girls are broken down, we can unlock their potential and develop women that will change the world;
  • 71% see gaining equality and inclusivity in the workplace as a vital first step.

United Kingdom:

  • 88% of British women are not very optimistic that gender equality can be achieved in the next five years, and 25% believe gender equality is impossible;
  • 68% say girls need to be encouraged to speak up more to advocate for themselves, while 65% believe boys must be taught to listen, understand and respect more;
  • 68% say society expects women to take on responsibilities that it does not expect men to take on;
  • 72% feel that men and boys still believe they are superior to women;
  • 36% identify social and cultural factors, where girls are viewed as inferior to boys and not worth educating, as a barrier to girls accessing a quality education;
  • 59% say it is important to have educational programs that teach girls diverse skills to be effective leaders and take risks;
  • 43% want more lessons and textbooks to teach about the lives and accomplishments of women;
  • 77% agree that if barriers to quality education for all girls are broken down, we can unlock their potential and develop women that will change the world;
  • 67% see gaining equality and inclusivity in the workplace as a vital first step.

Brazil:

  • 61% of Brazilian women are not very optimistic that gender equality can be achieved in the next five years, and 41% believe gender equality is impossible;
  • 79% say girls need to be encouraged to speak up more to advocate for themselves, while 77% believe boys must be taught to listen, understand and respect more;
  • 75% say society expects women to take on responsibilities that it does not expect men to take on;
  • 87% feel that men and boys still believe they are superior to women;
  • 45% identify social and cultural factors, where girls are viewed as inferior to boys and not worth educating, as a barrier to girls accessing a quality education;
  • 71% say it is important to have educational programs that teach girls diverse skills to be effective leaders and take risks;
  • 56% want more lessons and textbooks to teach about the lives and accomplishments of women;
  • 87% agree that if barriers to quality education for all girls are broken down, we can unlock their potential and develop women that will change the world;
  • 65% see gaining equality and inclusivity in the workplace as a vital first step.

China:

  • 82% of Chinese women are not very optimistic that gender equality can be achieved in the next five years, and 36% believe gender equality is impossible;
  • 50% say girls need to be encouraged to speak up more to advocate for themselves, while 43% believe boys must be taught to listen, understand and respect more;
  • 44% say society expects women to take on responsibilities that it does not expect men to take on;
  • 72% feel that men and boys still believe they are superior to women;
  • 44% identify social and cultural factors, where girls are viewed as inferior to boys and not worth educating, as a barrier to girls accessing a quality education;
  • 45% say it is important to have educational programs that teach girls diverse skills to be effective leaders and take risks;
  • 34% want more lessons and textbooks to teach about the lives and accomplishments of women;
  • 86% agree that if barriers to quality education for all girls are broken down, we can unlock their potential and develop women that will change the world;
  • 56% see gaining equality and inclusivity in the workplace as a vital first step.

India:

  • 41% of India women are not very optimistic that gender equality can be achieved in the next five years, and 39% believe gender equality is impossible;
  • 79% say girls need to be encouraged to speak up more to advocate for themselves, while 78% believe boys must be taught to listen, understand and respect more;
  • 81% say society expects women to take on responsibilities that it does not expect men to take on;
  • 86% feel that men and boys still believe they are superior to women;
  • 61% identify social and cultural factors, where girls are viewed as inferior to boys and not worth educating, as a barrier to girls accessing a quality education;
  • 72% say it is important to have educational programs that teach girls diverse skills to be effective leaders and take risks;
  • 63% want more lessons and textbooks to teach about the lives and accomplishments of women;
  • 91% agree that if barriers to quality education for all girls are broken down, we can unlock their potential and develop women that will change the world;
  • 54% see gaining equality and inclusivity in the workplace as a vital first step.

*The WU Scholar Program is administered and operated by the Institute of International Education, Inc. (IIE) a US private not-for-profit leader in the international exchange of people and ideas. The Western Union Foundation is a separate §501(c)(3) recognized United States non-profit corporation supported by the Western Union Company, its employees, Agents, and business partners working to support education and disaster relief efforts as pathways toward a better future.

About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of December 31, 2016, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 550,000 agent locations in 200 countries and territories and over 100,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2016, The Western Union Company completed 268 million consumer-to-consumer transactions worldwide, moving $80 billion of principal between consumers, and 523 million business payments. For more information, visit www.westernunion.com.

WU-G

Contact information

FleishmanHillard
Joel Herga (UK), +44-(0)208-618-2951 |
joel.herga@fhflondon.co.uk
or
Kristina King (US), +1 212-453-2452
kristina.king@fleishman.com
or
Western Union
Pia De Lima, +1 954-260-5732
Vice President | Corporate Communications,
Pia.Delima@westernunion.com
or
Ingrid Sahu, +97 (14) 437-3656
Vice President | Corporate Communications
Ingrid.Sahu@westernunion.com
or
Claire Treacy, +44 (0)208 563-6647
Director | Corporate Communications
Claire.Treacy@westernunion.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Loxam Announces a Conditional Agreement to Acquire UK Platforms20.7.2018 14:51Pressemelding

Loxam Group (“Loxam”) announces that its wholly-owned subsidiary Nationwide Platforms Limited (“Nationwide”) has entered into a conditional agreement with HSS Hire Group plc (“HSS”) with respect to the acquisition of UK Platforms Limited (“UKP”). UKP specializes in renting powered access equipment from its 12 branches located throughout the United Kingdom. The company has approximately 130 employees and operates a fleet of 3,000 units. UKP is controlled by HSS since 2013. As part of this transaction, Nationwide has entered into a commercial agreement with HSS to provide powered access equipment to complement HSS’ existing fleet. The closing of the transaction is subject to the approval by HSS’ shareholders and the confirmation that it will not be referred to the Competition and Mergers Authority. The transaction is expected to close before year end 2018. Don Kenny, CEO of Loxam’s Powered Access Division states: “I am delighted with the acquisition of UKP which will further reinforce NW

Schlumberger Announces Second-Quarter 2018 Results20.7.2018 11:00Pressemelding

Schlumberger Limited (NYSE: SLB) today reported results for the second quarter of 2018. (Stated in millions, except per share amounts) Three Months Ended Change Jun. 30, 2018 Mar. 31, 2018 Jun. 30, 2017 Sequential Year-on-year Revenue $8,303 $7,829 $7,462 6% 11% Pretax operating income $1,094 $974 $950 12% 15% Pretax operating margin 13.2% 12.4% 12.7% 75 bps 45 bps Net income - GAAP basis $430 $525 $(74) -18% n/m Net income, excluding charges & credits* $594 $525 $488 13% 22% Diluted EPS - GAAP basis $0.31 $0.38 $(0.05) -18% n/m Diluted EPS, excluding charges & credits* $0.43 $0.38 $0.35 13% 23% *These are non-GAAP financial measures. See section below entitled "Charges & Credits" for details. n/m = not meaningful Schlumberger Chairman and CEO Paal Kibsgaard commented, “The second quarter was both busy and exciting for Schlumberger as we completed a number of major milestones in preparation for the broad-based global activity upturn that is now emerging. We delivered solid top-line gro

H.I.G. Capital Announces the Sale of KidsFoundation19.7.2018 19:50Pressemelding

H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with more than €21 billion of equity capital under management, announced today that one of its affiliates has entered a definitive agreement to sell the KidsFoundation Group (“KidsFoundation”), the Dutch market leader in childcare services, to Onex Corporation (“Onex”)(TSX:ONEX). Terms were not disclosed. Headquartered in Almere, the Netherlands, KidsFoundation provides high-quality childcare to nearly 30,000 children between the ages of six weeks and 12 years. H.I.G. created KidsFoundation in 2014 through the acquisition of assets from the estate of Estro Group. During H.I.G.’s ownership, the company has developed strongly with significant capital invested by H.I.G. to create a high-quality childcare offering. H.I.G. worked with KidsFoundation management to optimise the footprint of the company by exiting loss-making locations, introduce new IT systems to drive operational improvement and develop an internal M&

SIG Combibloc Group Holdings S.à r.l.: 2018 Second Quarter Results19.7.2018 16:01Pressemelding

We are pleased to announce our quarterly conference call to discuss the results of SIG Combibloc Group Holdings S.à r.l. for the second quarter ended June 30, 2018. Date: Monday, July 23, 2018 Time: 15.00 CEST / 14.00 BST / 9.00 EDT The call information will be distributed on our secure site. If you would like access to our call, please contact investor.relations@sig.biz . Regards, SIG Combibloc Group Holdings S.à r.l. View source version on businesswire.com: https://www.businesswire.com/news/home/20180719005634/en/ Contact information SIG Combibloc Group Holdings S.à r.l. Jennifer Gough investor.relations@sig.biz

NEORIS Announces Creation of Innovation Labs Worldwide to Create a Smarter Future19.7.2018 15:32Pressemelding

NEORIS, a global digital consulting services company, announced today it is consolidating the most innovative solutions it has developed in different geographies and allocating unprecedented resources to deploy a network of Innovation Labs worldwide. The main objective is to lay the foundation for the continuous development of disruptive solutions for its four core industries: Manufacturing, Financial Services, Healthcare and Telecommunications. Due to its disruptive nature, NEORIS decided that its first Innovation Lab should be housed in the Monterrey Digital Hub, which today is the first-of-its-kind as it is a space where entrepreneurs, companies, universities and investors converge to foster an ecosystem for Digital Transformation. The lab inaugurated in Monterrey, Mexico is the first of a series of Innovation Labs that will open in the different countries that NEORIS operates, and is a space where customers can experience emerging technologies through real-life scenarios. One such

CORRECTING and REPLACING Albar Capital Deploys FlexNOW19.7.2018 15:29Pressemelding

Subhead of release should read: Out-of-the-Box Multi-Asset Execution Management System (instead of Easy-to-Install Multi-Asset Execution Management System). The corrected release reads: ALBAR CAPITAL DEPLOYS FLEXNOW Out-of-the-Box Multi-Asset Execution Management System FlexTrade (@FlexTrade) today announced that Albar Capital Ltd., a new hedge fund led by Javier Velazquez (formerly of Millennium Capital Partners LLP), is now trading equities and futures using FlexNOW, FlexTrade’s new execution management system. “The FlexNOW team was instrumental in solving several of our problems,” said Jason Ruder, Trader at Albar Capital. “Not only are they helping us with our compliance requirements, they are also responsive to requests that improve my workflow.” According to Rhyd Lewis, FlexNOW Product Manager, FlexNOW’s quick onboarding and easy installation process was critical for Albar Capital’s launch on 2 July. “We had no problem integrating FlexNOW with Albar’s portfolio and risk managemen