The Lebanese League for Women in Business (LLWB) launched the Women on Boards 2025 Iinitiative in 2016, and since then has been working on multiple fronts to achieven the objective of having 30% women on boards of companies by 2025. LLWB has been working in partnership with International Organizations, the government and private sector companies on the implementation of the WOB activities. Over a two year period, achievements and activities can be summarized as per the below:
21 Signatories joined the call and shared their commmitment to the initiative. During LLWB's 10th anniversary which took place on October 10, 2016 a total of 21 organizations, including 14 private sector companies signed a pledge noting their commitment to supporting the WOB initiative and having more women on boards.
Women on Boards Trainings. LLWB partnered with the International Finance Corporation, for the implementation of IFC's women on boards training. A total of 14 LLWB members, out of 22 participants, took part of the first pilot training implemented starting in November and December 2017. Two LLWB members also undertook the Corporate Directors Certificate (CDC) Program that was implemented by IFC/ Tamayyaz in 2017. Over the past two years, interested LLWB members also attended the "Effective Board Member/ Executive" program implemented by PwC.
Policy Recommendations for Private Sector Companies. In 2017, LLWB partnered with Shareholder-Rights by Capital Concept s.a.l. for the drafting of policy recommendations for ensuring 30% women on boards in private sector companies.
Mapping of Women on Boards in Lebanon. LLWB, in partnership with Khalil Masri et Fils Sarl, conducted a mapping of the number of women on boards as well as female executives in various regions across Lebanon. The data was gathered from a total of 15,300 companies that have more than 50 employees in addition to banks.
Participatory Gender Audit (PGA). LLWB in partnership with the International Labor Organization has launched a pilot gender audit in three private sector companies including Khalil Fattal et Fils, Technica International and Libanpost. The gender audit aims at assessing the extent to which current organizational policies and practices take gender equality into consideration. The gender audit was launched in April 2018 and is planned to be completed by November 2018.
Women on Boards National Campaign. LLWB, in partnership with the Office of the Minister of State for Women's Affairs is currenlty working on the preparations for a national campaign that aims at raising awarness around the achievements to date under the WOB initiative as well as calling the private sector to join in advocating for and having more women in the boardroom.