October 4, 2021 9:14 PM
HONG KONG SAR, China, Oct. 4, 2021 — FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, announced that Kawal Preet, president, Asia Pacific, Middle East and Africa (AMEA), FedEx Express, has signed a CEO statement in support of the Women’s Empowerment Principles (WEP) – Equality Means Business.
The WEPs, established by the United Nations Entity for Gender Equality and the Empowerment of Women and the UN Global Compact, are seven guidelines for action that companies can adopt to advance gender equality and empower women in the workplace and in their communities.
Preet endorsed the statement of support in front of local leaders and team members in Hong Kong.
Across the AMEA region, women’s participation in the establishment and growth of small and medium-sized enterprises and cross-border trade is low.[1] The COVID-19 pandemic has created new barriers to building inclusive and prosperous economies and societies, increasing the global gender gap by a generation, from 99.5 years to 135.6 years, according to the World Economic Forum’s 2021 Global Gender Gap Report.[2]
Recognizing that companies have a critical role to play in improving gender balance in the workplace, Preet said, “Embracing diversity, equity and inclusion (DEI) is part of who we are and what we do. DEI is an integral part of our culture and a key business priority to create a better future for all team members, customers and communities. Supporting the WEPs is another important step in building a positive, inclusive workplace where everyone has an equal opportunity to participate and succeed.”
With its People-Service-Profit philosophy at the core of the company, FedEx is a strong advocate for gender equality inside and outside the organization, and was named one of the Best Workplaces in Asia for 2021 by Great Place to Work®.
[1] Women’s Empowerment and Gender Equality – The Asia Foundation [2] Global Gender Gap Report 2021 | World Economic Forum (weforum.org)
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