givvable and Femeconomy announce partnership to boost women businesses in supply chains
Femeconomy is delighted to Partner with givvable to integrate Femeconomy approved brands of women owned and women led businesses to givvable‘s technology platform of verified suppliers, to inform corporate purchasing.
givvable and Femeconomy have a shared mission to create inclusive, diverse and sustainable supply chains. By promoting brands that embrace social procurement, givvable and Femeconomy help organisations to embed social impact in their procurement decisions.
givvable embeds a culture of sustainability by giving businesses tools to spend in line with their targets. Their proprietary algorithms map over 1 million data relationships to help organisations apply their purchasing power sustainably. givvable captures over 100,000+ suppliers and covers 250+ sustainability credentials globally. Smart algorithms map suppliers to Sustainable Development Goals (SDGs) and Environmental, Social and Corporate Governance (ESG).
Gender Equality is Goal 5 of the SDGs, and currently women owned businesses access less than 2% of the global procurement market.
The sustainability categories covered by givvable include:
- community
- diversity
- social
- ethical
- environmental
- governance
Femeconomy educates consumers, budget owners and business owners on how purchasing decisions can create gender equality. Femeconomy approved brands have at least 30% of women on the Board of Directors or are 50% female owned. So far over 850 brands meet our criteria.
Companies with female leaders are more likely to have workplace flexibility and less likely to have a gender pay gap, so they are helping to create gender equality for their employees and communities.
*This article was original published on Femeconomy.
How does your business benefit? If you are 50% female owned business, or you have at least 30% of women on the Board of Directors, apply to be registered as a Femeconomy approved brand.
Femeconomy is a sustainability credential recognised on givvable and highlighted to corporate, government and other givvable clients with supplier diversity targets, automatically increasing the visibility of your business to existing and prospective customers.
Businesses can manage and boost their profile on givvable further by interacting with the range of tools and modules on the platform. Register today!