While studies have shown that a diversified workforce can bring significant economic benefits, women experience the greatest burden of the negative social, economic and environmental impacts of extractive activities in their communities. For example, women often face discrimination in employment, wage disparities, limited access to capital for women-owned businesses operating in the sector and exclusion from decision-making processes related to benefit sharing and revenue distribution.
Beyond upholding the principles of equality and equity, promoting gender diversity is vital for sustainable development in the extractive industries. There is evidence that ensuring women's perspectives, experiences and skills at all levels of the industry can significantly improve the sector’s performance.4 Recruiting and investing in women can bring unique perspectives and approaches to problem- solving that can lead to more innovative, effective and sustainable solutions.
A diverse workforce contributes to broader social and economic benefits that support sustainable development efforts.