Amore Pacific, which is engaged in various activities for gender equality, announced on July 20 that it has officially declared support for the U.N.'s Women's Empowerment Principles (WEPs).
WEPs is an initiative co-founded by the UN Global Compact (UNGC) and the UN Women's Organization (UN Women) in 2010 as part of the UN's achievement of 2030 Sustainable Development Goals (SDG5).
It provides guidance and implementation measures to businesses and institutions that establish seven principles based on leadership, equal opportunity, engagement and elimination of discrimination, health, safety, freedom from violence, education and training, business development, supply chain and marketing activities, community leadership and participation, transparency, measurement and disclosure, and pursuit of gender equality and women's competitiveness.
About 2,750 CEOs worldwide support this principle in 2020. In addition to supporting WEPs, Amorepacific supported the U.N. Global Compact Korea Association and the "Gender Equality Korea" website, an online platform to support gender equality within local companies, in April this year.
"Gender Equality Korea" offers corporate women's competency self-diagnosis tools, UNGC Women's Initiative (WEPs, TGE), domestic and overseas trends, investment trends, global guidelines and corporate cases through an online platform developed to help Korean companies and institutions establish gender equality policies that meet domestic and international standards and plan practical activities to improve women's representation and strengthen women's capabilities.
Through the development and support of 'Gender Equality Korea', Amorepacific officially supported SDG5. In addition, it can be used internally as an opportunity to secure and improve diversity through self-diagnosis by utilizing personality difference analysis tools provided by WEPs.
"Amorepacific will fulfill its duty as a global corporate citizen to support SDGs, a goal that the world should achieve by 2030," a company official said.