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Executive Summary

The more women there are in high-level decision-making roles, the better positioned an organization is to make a difference on climate change. Their representation translates to more sustainable workplaces, increased retention, better productivity, and higher profits.”
Rachel Western, UK Head of Technical, Health Solutions, Aon

Introduction

Climate change disproportionately impacts women in their home, with their health and at their workplace. At the same time, inequity magnifies climate risk. But how do these inequities magnify the risks to businesses from climate change? And what are the business and environmental opportunities that arise from correcting those inequities?

Blaming climate change on carbon dioxide is like blaming gravity for falling over: carbon is not the reason we are facing cataclysm; rather, constructs of society and commerce have driven the world to this point.

To explore the relationship between gender equity and climate action, Aon, a leading global professional services firm that develops solutions to protect and enrich the lives of people around the world, and Women+ in Climate Tech (WiCT+), a global group empowering women and non-binary climate tech professionals, have collaborated to produce this report.

It provides ideas on strategies to leverage gender equity as a value proposition, both operationally and in support of efforts to meet impending climate risk disclosure and net zero mandates.

This report presents results from the Task Force for Equity in Climate-Related Financial Disclosures (TECFD) paired with interviews and research from Aon. This paper explores the topic of women and climate change through the lens of four key challenges and opportunities businesses face today: navigating volatility, building resilient workforces, rethinking access to capital, and addressing the underserved. Each chapter discusses opportunities to advance climate action and gender equity together to yield better results through a company’s entire footprint, from its leadership through its supply chain.

Climate change disproportionately impacts women in terms of homes, health and the workplace. At the same time, inequity magnifies climate risk. But how do these inequities magnify the risks to businesses from climate change?

Climate change is the single greatest threat to a sustainable future but, at the same time, addressing the climate challenge presents a golden opportunity to promote prosperity, security and a brighter future for us all.”
Ban Ki-Moon, Former Secretary General of the United Nations

Executive Summary

2. The Business Case for Gender Equity

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