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GENDER

Capital Markets Urged to Drive Gender Equality at Ring Bell

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The Nairobi Securities Exchange, together with United Nations Global Compact Network Kenya, the International Finance Corporation and UN Women, convened the 2026 Ring the Bell for Gender Equality ceremony, urging businesses and capital market players to translate gender equality commitments into measurable action.

Held as part of activities surrounding

Held during the International Women’s Day, the event highlighted the urgent need for stronger corporate accountability in addressing gender disparities across the workplace, leadership, and access to economic opportunities.

Gender Equality Remains a Global Challenge

Despite global advocacy efforts, gender equality remains far from reality. According to global estimates, women currently enjoy only 64 per cent of the legal rights available to men.

At the current pace of reform, closing this gap could take up to 286 years, underscoring the urgency for accelerated and coordinated action by governments, businesses, and financial institutions.

Legal and structural barriers in employment, finance, property ownership, leadership and access to justice continue to limit women’s economic participation globally.

In Kenya, while gender equality is guaranteed under the Constitution and supported by national policies, implementation gaps and weak accountability mechanisms still hinder full progress.

Capital Markets’ Role in Driving Change

Organizers emphasized that gender inequality is not only a social issue but also an economic and market challenge.

For capital markets and the private sector, gender disparities affect workforce participation, access to capital, corporate governance standards, investor confidence and long-term economic growth.

Furthermore, stock exchanges, financial institutions and corporate leaders were urged to use their influence to accelerate change through stronger disclosure standards, board diversity policies, adoption of the Women’s Empowerment Principles, and incentives that reward measurable progress.

Global Initiative to Promote Women’s Economic Empowerment

The Ring the Bell for Gender Equality initiative is a global campaign led by stock exchanges to promote women’s economic empowerment across workplaces, marketplaces and communities.

Internationally, the program is coordinated by the International Finance Corporation, the UN Sustainable Stock Exchanges Initiative, the UN Global Compact, UN Women and the World Federation of Exchanges.

In Kenya, the initiative brings together institutions that play a critical role in shaping the country’s economic landscape.

Moreover, the Nairobi Securities Exchange uses its convening authority to advance environmental, social and governance (ESG) guidance and encourage board diversity among listed companies.

Meanwhile, United Nations Global Compact Network Kenya works with companies to strengthen sustainability reporting and accountability, while the International Finance Corporation promotes inclusive finance and responsible investment standards. UN Women supports policy alignment and enforcement of gender equality commitments.

2026 Theme Focuses on Rights, Justice and Action

The 2026 ceremony aligns with the global theme “Rights. Justice. Action. For All Women and Girls.”

Also, it coincides with the 70th session of the Commission on the Status of Women, which focuses on strengthening access to justice, eliminating discriminatory laws and addressing structural barriers affecting women globally.

Key Objectives of the 2026 Ceremony

The event brought together senior leaders from the private sector, development partners and financial institutions to advance gender equality through concrete actions.

Key objectives included:

•Reaffirming commitment to women’s rights and equal justice

•Highlighting persistent legal and structural barriers to gender equality

•Mobilizing time-bound private sector commitments

•Strengthening corporate accountability through the Women’s Empowerment Principles

•Encouraging collaboration between capital markets, businesses, government and development partners

Organizers emphasized that advancing gender equality requires sustained action beyond symbolic commitments, calling on companies to integrate gender-inclusive policies into corporate governance, investment decisions and workplace practices.

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