T.To celebrate International Women’s Day on March 8th, the Nasdaq exchanges worldwide participated in the 7th Annual Ring the Bell for Gender Equality, an event led by the UN Women and its global partners. The aim is to draw attention to the central role of the private sector in promoting gender equality in order to achieve and raise awareness of the Sustainable Development Goals Empowerment principles for women (WEPs).
On International Women’s Day (IWD) 2021, the IWD organization announced that this year’s broader theme, “Working towards an inclusive world by addressing gender biases and inequalities. Founded in 1911, IWD not only celebrates the social, economic, cultural and political achievements of women, but is also a call to action to accelerate women’s equality.
However, in the midst of the coronavirus pandemic, women were adversely affected in three areas: income, health and safety, according to Anita Bhatia, United Nations deputy secretary general and deputy executive director for resource management, UN systems coordination, sustainability and partnerships, UN women. In terms of income, Bhatia found many jobs were lost in female-dominated sectors such as retail, tourism and travel. Women’s health problems have exacerbated and women’s health problems have faded into the background of the global pandemic and violence against women intensified.
As a result of the impact on women during the pandemic, UN WomenWomen in Leadership Positions: Achieving an Equal Future in a COVID-19 World, “As a theme for IWD, recognizing the efforts of women and girls around the world to create an equitable future and recover from the COVID-19 pandemic while filling the remaining gaps.
“We have many important problems to solve and new problems that have only become apparent as a result of the pandemic,” said Bhatia during Women in Leadership Positions: Achieving an Equal Future in a COVID-19 World Conference on March 8th, organized by Nasdaq in collaboration with UN Women and NYC Fintech Women. “One opportunity we have is to say as we try to rebuild better, ‘What can each of us do?'”
Nasdaq participated in the Ring the Bell campaign to raise awareness of the business case for women’s economic empowerment and opportunities for the private sector to advance gender quality and sustainable development.
Nasdaq is ringing the bell for gender equality
For IWD this year, UN Women and five prominent partner organizations – International Finance Corporation, UN Global Compact, Women in ETFs, World Federation of Exchanges and the Sustainable Stock Exchanges Initiative – invited exchanges around the world to raise the bell for gender equality to ring. ”
This year, over 100 exchanges around the world committed to advancing gender equality by holding a bell ceremony dedicated to the cause, including several Nasdaq exchanges.
See the global celebrations:
New York, United States
New York kicked off the IWD celebrations on Nasdaq with a bell ceremony on March 1, the first exchange among the more than 100 attendees who attended to ring the bell for gender equality. Nasdaq Lithuania and Latvia also joined this bell.
“We strongly believe that equality leads to better business results for all and is critical to creating inclusive and prosperous economies,” said Adena Friedman, President and CEO of Nasdaq. “Last year was a special challenge for women. According to a UN Women’s study, women bear the brunt of the social and economic impact of COVID-19, and in many countries and industries, women’s progress has declined as a result. It is therefore our job to raise awareness of the quality of the sexes and to commit to this initiative by creating strategies and executing plans with intent and purpose. “
On Monday, Carsten Borring, Head of Listings at Nasdaq Copenhagen, rang the bell for gender equality together with Sara Krüger Falk from Global Compact Network Denmark and a guest speaker Pernille Sandberg Bech, founder and CEO of Goodtalks. The event was supported by the UN Women Nordic Office.
In Estonia, IWD started with a bell ceremony and had virtual conversations between Kaarel Ots, CEO of the Nasdaq Tallinn Stock Exchange, and members of the Smart Women’s Club. The discussion included topics such as how to get more women to invest and how to better empower women in the financial markets. The participants of the Smart Women’s Club included founder and CEO Maire Martinson as well as entrepreneurs Kersti Toots and Kairi Antson, head of the curriculum at the Estonian Entrepreneurship University Aet Kull.
For IWD, Nasdaq Helsinki hosted UN Women and the Global Compact Network Finland, as well as 40 online guests. The Executive Director of UN Women Finland, Jaana Hirsikangas, started the virtual event by ringing the opening bell, followed by a panel discussion with Lenita Toivakka, Executive Director of Global Compact Network Finland, Suvi Tuppurainen, CEO of the National Bank of Finland, Piia-Noora Kauppi, CEO of Finance Finland, Pia Santavirta, CEO of the Finnish Venture Capital Association, Leena Linnainmaa, Secretary General of the Finnish Institute, Sari Lounasmeri, CEO of the Finnish Foundation for Equity Promotion, and Suvi Halttunen, founder of 3bility Consulting.
Jaana Hirsikangas, Executive Director of UN Women Finland, rang the opening bell at Nasdaq Helsinki on International Women’s Day 2021.
Nasdaq Iceland, together with UN Women in Iceland, the Association of Icelandic Employers (UN Global Compact) and FKA, an association of women business leaders, celebrated the IWD at the Harpa Conference Center, making it the first personal event in a year.
Magnús Harðarson, President of Nasdaq Iceland, gave an inspiring speech to the Guest of Honor, Iceland’s Prime Minister and Minister for Gender Equality, Katrín Jakobsdóttir, and presided over the bell.
Katrín Jakobsdóttir, Iceland’s Prime Minister and Minister for Gender Equality, was the guest of honor on International Women’s Day 2021 and chaired the bell ceremony.
Nasdaq Island celebrated International Women’s Day 2021 at the Harpa Conference Center together with UN Women in Iceland, the Association of Icelandic Employers (UN Global Compact) and FKA – an association of women business leaders.
Magnús Harðarson, President of Nasdaq Island, made a welcome remark ahead of the 2021 International Women’s Day bell ceremony.
Latvia celebrated the Ring for Gender Equality with New York on March 1st.
In Sweden, Gunilla Hellqvist from Nasdaq, Helena Wedin and Rebecka Wulfing celebrated the IWD by ringing the opening bell, which was attended by more than 120 virtual participants.
In Stockholm, Nasdaqs Gunilla Hellqvist, Helena Wedin and Rebecka Wulfing rang the bell on the occasion of International Women’s Day 2021.