Investing in women is more than just the right thing to do — it’s good for the bottom line.
As more companies turn that narrative into honest-to-goodness business practice, it's finally becoming more than a tagline or a pithy quote.
For some companies — including Gap Inc., a company co-founded 46 years ago by a woman — it's woven into their DNA.
In a recent interview with The Huffington Post U.K., Gap Inc. CEO Art Peck reinforced the company's commitment to women. Peck spoke to both the business logic behind giving women the tools to advance themselves, as well as his personal stake: his wife and three daughters.
"Women, as we all know, are half the population but are differentially denied access to education — and to opportunity, at the end of the day," Peck said.
Education changes everything. For more than eight years, Gap Inc. has been working to better the lives of the women who make clothes and now pledges to educate one million women across the world through the Gap Inc. P.A.C.E. (Personal Advancement & Career Enhancement) program. One by one, those women will gain the skills and confidence to change the course of their lives.
To date, since 2007, Gap Inc. P.A.C.E. has reached more than 30,000 women in 10 countries. Peck announced the program expansion at the Clinton Global Initiative Annual Meeting in New York; the HuffPo interview came on the heels of that event.
"The investment is good for the women and their advancement, their self-esteem, their home lives — and good for the business they work in," Peck said.
Learn more about the P.A.C.E. program here.