background

Blog

Latest News Thumbnail

Are women really safe at the workplace?

Sonal Desai


This article may sound like a rant against the whole society. However, it may reflect the underlying element of anger, frustration, and helplessness that women feel at the workplace concerning their safety.

On the one hand, reports suggest that India requires more participation from women in the workforce. On the other hand, and more appalling, the BSE 30 companies recorded 932 complaints by women of harassment at the workplace in FY24, up from 664 in FY23.

India faces increasing concerns about women’s safety due to rising incidents of harassment, violence, and rape. The main concern is workplace safety. There are many government policies and initiatives to improve women’s safety. These include the Nirbhaya Fund, One Stop Centres, 181 Women Helpline, Nirbhaya Squad, Meri Saheli, Himmat App, Safetipin App, Raksha App, Nirbhaya App, GPS Trackers, Panic Button on Phones, and Affordable GPS Necklaces. And YET, In 2024, India ranks 128th out of 177 countries in women’s safety, highlighting the urgent need for reform.

So, where are women safe?

India must urgently address the issue of boosting women’s workforce participation to unlock a $14 trillion contribution to its economy, according to a report by The/Nudge Institute.

The current female labor force participation rate (LFPR) stands at 37%, but to achieve the desired economic impact, India needs to nearly double its LFPR to 70% by fiscal year 2047.

The report highlights the critical role of women in achieving India’s $30 trillion economy by 2047, stating that an additional 400 million women must join the workforce to contribute the targeted $14 trillion.

However, with only 110 million projected female entrants by then, integrating an additional 145 million women becomes imperative.

The report suggests policy reforms, skill development programs, and changing mindsets to address gender equality, job security, and sectoral disparities.

Additionally, the COVID-19 pandemic has exacerbated existing challenges, forcing many rural females back into work due to income loss or job loss by primary earners.

Concerns of women in the workplace:

43% of women experienced non-inclusive behaviors like harassment or microaggressions. Nearly half had concerns about their safety at work or safety while travelling to work, according to a Deloitte 2024 Women @ Work report.

India’s largest companies have reported a 40.4 per cent surge in sexual harassment complaints during FY24, indicating an emerging trend towards enhanced corporate transparency.

Data from Complykaro, an advisory firm specializing in the Prevention of Sexual Harassment of Women at Workplace (POSH) compliance, shows 268 more cases filed compared to the previous financial year.

The increase is attributed to growing awareness among women professionals regarding the POSH law and also efforts by companies to foster a culture that supports reporting such incidents.

The majority of complaints are from the banking and technology sectors, both of which have a younger workforce and a higher proportion of female employees.

How to stop this menace?

Applying the HEMA report, which is paving the path for improving the treatment of Malayalam actresses in the film industry, can be one of the pivots. I believe that the film industry pan India must take comparable measures that transcend regional boundaries.

The same is also applicable to the business sector. The `Me Too’ Movement which started with a bang, saw heads roll, but could not continue. It is now a distant memory of one more women’s lib movement, now subsided to the periphery of a male-dominated, hierarchical, patronizing society. One in which women are not even safe at home, in their neighborhood, or with `trustworthy’ relatives.

Our take:

We don’t hold the moral compass.

We can take a slight banter in our stride. We are women. But do men know, when and where to stop?

I guess women will have to take the baton: Be proud of who you are; we are not inferior to anybody—be it a homemaker or a working woman.

Define boundaries with men including husband, son, male relatives and friends about what is and what is not acceptable (after all, the first lesson in discipline always starts at home)

Nobody is born entitled. You have to earn the respect.

The lessons must be repeated in educational institutions.

It is important to be sensitive towards both: young boys and girls.

No man is born misogynistic; let’s not transform decent human beings into demons or devils as they grow.

Let’s start fair and transparent communication at home; nothing is a taboo.

Let’s have fair and transparent corporate policies.

Let’s sensitize the men and women in khakhi, especially the ones registering the case

I am not a feminist. I believe in equal rights and equal opportunities for all. But I am certainly against Misogyny—the long-standing sexism that maintains patriarchal social roles by denying women the same social status as men.

Otherwise, there is no point in talking about DEI and sustainability, if we can’t make women feel safe.


Tags: , , , , , , , , , , , , , , , ,

background

News

Latest News Thumbnail

Tightening loose-ends in BRSR

WriteCanvas News


Even as SEBI has mandated the top 1000 listed companies to report their green performances through BRSR, many corporates have been found lacking.

A new survey by the Centre for Science and Environment (CSE) reviewed 28 reports submitted by 14 top companies.

The survey comes on the heels of a recent NSE circular that highlighted the shortcomings in BRSR reporting by the top 1,000 listed companies.

According to CSE, The current BRSR questionnaire format leads to incomplete submissions, hindering the creation of a reporting structure for informed investor decision-making.

What is wrong with the current reporting guidelines?

The current BRSR format presents challenges in understanding the rationale behind parameter values and number changes.

For example, lack of consolidated company data vs unit-specific data.

Companies tweaking the questionnaire: Companies often provide data selectively and adjust information rows for convenience, but deciding how to present the data should not be their responsibility. Companies can share key indicators like water withdrawal, consumption, and discharge voluntarily under ‘Leadership Indicators’, but these can be moved to the ‘Essential Indicators’ category for mandatory data.

CSE Recommendations:

The CSE assessment suggests that a company’s sustainability can be more effectively assessed by identifying low-performing units and creating plans to improve their performance across multiple metrics.

These include:

Opt for a sector-specific approach: The current SEBI-developed disclosure format lacks sector-specific guidelines, affecting investors’ understanding of environmentally conscious businesses. A sector-specific approach, similar to international frameworks, could provide a comprehensive understanding of investment opportunities in specific industries.

Update the BRSR guidance document: In July 2023, the BRSR questionnaire and format underwent review, but the guidance document was not updated simultaneously, resulting in insufficient information on the air emissions submission format.

Include table formats to enable data capture: Businesses should be limited in their data display options, allowing for specific table formats. SEBI may provide a protected spreadsheet for the BRSR questionnaire, but not format editing.

Non-hazardous and hazardous wastes should be accounted for separately: SEBI requests data on waste generation, but only asks about management and disposal methods, not recycling, reuse, or disposal of waste. SEBI should investigate waste production and disposal in top three waste streams, including hazardous and non-hazardous materials, plastic, e-waste, biomedical waste, and non-manufacturable waste types.

Mandate specific energy and water consumption data: The company is tasked with reporting on the optional energy and water intensity parameter included in the BRSR format. The CSE recommends companies provide data on their energy consumption (SEC) and water consumption (SWC) in kilowatt or megawatt/tonne of the product. The data provided will undoubtedly indicate a company’s overall energy and water efficiency in its manufacturing process.

Lead quotes:

“The BRSR framework is the first attempt by any regulatory authority or agency in India to mandate the sharing of such detailed environmental performance and compliance data in the public domain,” notes Nivit Yadav, Program Director, Industrial Pollution, CSE. “In today’s era of climate change, where resource availability is becoming a serious issue, sharing of such data in a transparent manner should be one of the key drivers in decision-making by investors.”

“Yet, we believe there is much room for improvement in the BRSR framework. Our goal is to contribute to its strengthening in order to guarantee higher-calibre reporting from the companies. Periodically, SEBI reviews the guidance note and BRSR format. We hope that when SEBI reviews it again, it will take into account the suggestions made by CSE, which can aid in gathering more insightful data.

The BRSR framework is the first attempt by any regulatory authority or agency in India to mandate the sharing of detailed environmental performance and compliance data in the public domain.

 


Tags: , , , , , , , , , ,


Fatal error: Uncaught Error: Call to undefined function twenty_twenty_one_the_posts_navigation() in /home2/writecxc/public_html/wp-content/themes/twentytwentyone-child/archive.php:31 Stack trace: #0 /home2/writecxc/public_html/wp-includes/template-loader.php(106): include() #1 /home2/writecxc/public_html/wp-blog-header.php(19): require_once('/home2/writecxc...') #2 /home2/writecxc/public_html/index.php(17): require('/home2/writecxc...') #3 {main} thrown in /home2/writecxc/public_html/wp-content/themes/twentytwentyone-child/archive.php on line 31