{"id":1349,"date":"2022-02-13T19:31:26","date_gmt":"2022-02-13T19:31:26","guid":{"rendered":"https:\/\/crigroup.com\/?post_type=blog&p=1349"},"modified":"2024-01-22T12:23:43","modified_gmt":"2024-01-22T12:23:43","slug":"gender-based-violence","status":"publish","type":"post","link":"https:\/\/crigroup.com\/ar\/gender-based-violence\/","title":{"rendered":"Stop Gender Based Violence: Incorporate Risk Assessment Into Your Due Diligence Process"},"content":{"rendered":"

Gender Based Violence: Incorporate Risk Assessment Into Your Due Diligence Process<\/strong><\/span><\/h2>\n

Gender based violence is constantly on the rise – research<\/a>\u00a0by the UN Women, \u201cThe economic costs of violence against women\u201d suggests\u00a0that the cost of\u00a0violence against\u00a0women is 2%\u00a0of global GDP, equivalent to\u00a0US$1.5 trillion – incorporating gender-based violence into risk\u00a0and mitigation analyses is a must.\u00a0The company and country-level\u00a0economic costs\u00a0of violence include losses in\u00a0productivity and increases in health\u00a0and legal costs according to\u00a0UN Women, \u201cEnding violence against women<\/a>\u201d<\/span><\/p>\n

Gender-based violence\u00a0is known to increase in emergency situations, and the global COVID-19 pandemic has increased the urgency\u00a0across the globe. During this global pandemic with long-lasting effects, the rising rates\u00a0of violence are impacting every country and sector. Incorporating an analysis of gender-based violence can\u00a0help to mitigate the risks of a future that looks very different than it did even three months ago.<\/span><\/p>\n

UNICEF<\/a> has launched the 2022 Covid-19 Diligence Tool Criterion<\/a>.<\/strong> This tool equips investors to understand the risk their investments are exposed to because of gender-based violence and to incorporate that risk assessment into the due diligence process.<\/span><\/p>\n

Due diligence is a standard process that all investors undertake when deciding whether and how to invest in a company. This tool is designed to align with standard diligence processes for direct private investments. It also offers recommendations and tools that investors can use to mitigate the risks of violence. The risk assessment is also relevant to public investors at the sector and market levels.<\/span><\/p>\n

Covid-19 Diligence Tool Criterion highlights the areas of focus in due diligence to determine a company\u2019s exposure to risks created by gender-based violence in the company. This tool provides you with company-level due diligence questions that can help you mitigate any risk:<\/span><\/p>\n