November 25 marks the International Day for the Elimination of Violence against Women, a key date in the global social agenda and a relevant reminder of the urgent need to eradicate all forms of violence currently suffered by women in Mexico and around the world. Within the framework of ESG (Environmental, Social and Governance) awareness, this day is an opportunity to reflect on gender inequalities and promote justice, equity, the protection of women’s human rights and sustainability in community and work environments.
In the first quarter of 2024, more than 300 femicides were registered, which represents an increase of 10% compared to the same period in 2023. There are currently 624 officially investigated femicides in Mexico, so far this year to November, a figure that organizations against gender violence believe could be double due to the difficulties faced by prosecutors and courts to judge with a gender perspective, which reflects the urgency of implementing effective policies and actions to eradicate this problem with preventive approaches and support for victims.
Mexico has laws such as the General Law on Women’s Access to a Life Free of Violence and the Federal Criminal Code, which criminalizes gender-based violence and establishes responsibilities for institutions, including companies and government agencies, to prevent and punish these acts. In addition, global initiatives, such as the United Nations Guiding Principles on Business and Human Rights, recommend that Companies have to respect and promote human rights, including the fight against gender-based violence.
Companies that include concrete measures in their ESG policies can support everything from the creation of protocols for the protection of their female employees to awareness-raising programs on gender-based violence. At the social level, organizations can work with NGOs to raise awareness and education on the issue, helping to reduce stigma and offering resources to women that are at risk.
Adopting clear and strong policies against gender-based violence has benefits for companies, including retaining talent, strengthening organizational culture and improving productivity. Likewise, it helps to improve the image of companies in the eyes of investors who prioritize ESG criteria, who seek to invest in companies committed to social welfare.
At VAHG we reaffirm our commitment to work together to rebuild a better Mexico where practices that foster equity and respect are adopted and promoted, advancing ESG commitments and contributing to a fairer and safer society for all.