At Norsad, we believe that gender equality is not only a fundamental human right, but a necessary foundation for sustainability and prosperity. As an impact investor and provider of private credit in Africa, we recognize the importance of gender lens investing in support of gender equality and contribution to the Sustainable Development Goals.
Gender inequality has been identified as a key constraint to growth and development, which if addressed in Africa, will contribute significantly to the social and economic advancement across the continent. This is in alignment with our purpose is to Build a Better Africa and Norsad is committed to investing its capital and support to unlock women’s potential as contributors, leaders and changemakers.
At Norsad, we strive to cultivate a diverse and inclusive workplace and have adopted a gender lens investing approach across our investments to ensure women consideration and benefit remain central in our impact. We intend to increase the number of women involved in our business ecosystem, either as employees, managers, business owners or board members.
As a commitment to gender equality, Norsad will:
- Maintain and further integrate gender-lens investing considerations into our investment process.
- Conduct a gap analysis of our direct business ecosystem to identify opportunities for engagement with partner companies on gender.
- Support partner portfolio companies to become gender inclusive and encourage them to increase women’s representation across their leadership, their workforce and within their value chains.
- Identify metrics and targets to assess and report on our progress towards gender lens investing and gender inclusivity in our partner portfolio companies.
