The Foundation joins the “2X Challenge” and commits to gender equality in social investment
In the strategic plan “Ambitions 2025“, the inclusion of women is a strategic priority. The Foundation reaffirms its social mission, that of contributing to the fight against poverty and inequality through financial inclusion, particularly for women and in rural areas in some of the most fragile countries. Most often excluded from the banking system, women in rural areas nevertheless represent an economic force for the entire local economy and stakeholders in their community.
This focus on women came to fruition in March 2024, with the qualification of the Foundation at the 2x Challenge, which officially commits, on the basis of 3 criteria, to the economic empowerment of women, a central mission at the heart of its action:
Governance : The GCA Foundation's steering committee is composed of 40% women (2/5) and the board of directors is composed of 33% women (4/12).
Job : The Foundation has 55% women among its 20 direct employees. They also have policies and procedures aimed at promoting gender equality, including a childcare contribution policy and a transparent, accessible salary scale that is shared with all employees.
Wallet: 71% of the Foundation's investments meet at least 1 of the 2X Challenge criteria.
This international initiative aims to promote gender equality, female entrepreneurship and support the reduction of inequalities through financial inclusion.
The 2X Challenge, launched in 2018, brought together several international financial institutions, which strengthened their commitment to investing in gender equality to promote women's access to quality jobs and financing opportunities.