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The ADGM Gender Equality Initiative
The UAE Government’s Vision 2021, in line with the UN Sustainable Development Goals (SDGs), outlines goals to enhance gender equality across the workplace, promoting the involvement of women and girls as a necessary foundation for a peaceful, prosperous and sustainable world. In line with this important initiative, ADGM launched its own gender equality initiative (GEI) in October 2019.
Gender equality programmes
Since its inception in 2015, ADGM has taken active strides in recruiting a talented pool of women professionals and graduate entrants who today make up close to half of its total workforce. This GEI aims to promote diversity of talents across all work functions including senior management and leadership roles.
ADGM's GEI identifies clear objectives to reduce unconscious gender bias in the hiring process, promotes the UN Women's Empowerment Principles (WEPs), and encourages registered entities to follow the guidelines of these WEPs. The GEI is based on three programmes:
ADGM appoints new CEO for its Financial Services Regulatory AuthorityLearn more
Leading by example
Since launching the GEI, ADGM has actively been reviewing its policies, procedures and training programmes, to further enhance and promote gender equality throughout the organisation. This review has included important areas such as:
A full salary review was carried out in 2019 to ensure equal pay for all employees across grades within ADGM. The salary of all staff is periodically reviewed to ensure that there is no discrepancy in gender pay.
Hiring policy and interview training
A competency based interview skills training is being rolled out to increase objectivity in the hiring process.
A project is underway to ensure that gender balance is taken into consideration for all ADGM’s succession planning strategies.
The parental leave policy was recently updated to include 5 days of paternity leave for all male employees. This is in line with recently announced federal legislative changes. This is being reviewed constantly to look at ways to enhance this further.
Unconscious bias training
A programme of unconscious bias training for all staff is underway. This programme is helping employees recognise their unconscious biases in order to manage them effectively and ensure they don’t influence any decision making or behaviours.
Flexible and agile working
As a result of COVID-19, ADGM has responded rapidly to the evolving needs of its staff during the pandemic by developing a flexible and agile workforce to suit individual’s needs and working preferences.
In 2019, the UAE advanced 23 positions on the UNDP Gender Equality Index and became its highest-ranking Arab country.
ADGM has quickly garnered positive industry support for the GEI and continues to collaborate with like-minded entities to enhance gender equality in the workplace.
To carry out its goals, ADGM has partnered with WiSER, Aurora50, the Authority of Social Contribution - Ma'an, the US Embassy in the UAE, 30% Club, the CFA Institute, Hub71, UN Women, the French Business Group, Aurora50 and the UAE Federal Statistics and Competitiveness Authority.
Championing effective change
Roundtable on gender equality and entrepreneurship
In November 2019, ADGM and the US Embassy Abu Dhabi brought together over 50 entrepreneurs, investors, government, corporations, not-for-profit organisations and accelerators to discuss gender equality and entrepreneurship.Learn more
Gender equality working group
As one of the key findings from the roundtable organised by ADGM and the US Embassy, the white paper called for the formation of a gender equality working group. The working group will be having its first meeting in October 2020.Learn more
ADGM launched a series of webinars on gender equality aspects as part of its gender equality initiative. The webinar series provided an opportunity for sharing and discussing different approaches and possibilities.Learn more
ADGM Sustainable Finance Platform
The platform will present key Sustainable Finance data and trends related to environmental, social and governance disclosure including gender equality in the workplace.
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