Conclusions

Gender-responsive procurement is quickly becoming a business imperative. Today, women own over a third of all businesses worldwide, generating millions of employment opportunities and spurring local development. They also control about $20 trillion in annual consumer spending, and by 2028, they are likely to control nearly 75 per cent of consumer discretionary spending globally. Yet, despite these stunning statistics, the economic potential of womenowned businesses remains largely untapped. Indeed, they receive only about one per cent of corporate procurement spend each year.

Sustainable Development Goals:

Gender Equality

Partnerships for the Goals