On a recent assembly at the United Nations headquarters in New York, Turkish conglomerate Yildiz Holding was recognized for its initiatives supporting women entrepreneurs. The recognition came during a special session focused on overcoming barriers against women in entrepreneurship, as per a report by Anadolu Agency.
In a statement released on Monday, Yildiz Holding disclosed its longstanding practices and commitments towards fostering an ecosystem favorable to women entrepreneurs. The discussion held at the UN headquarters centered on sharing these practices and the company’s ambitions with a broader audience of stakeholders.
The statement further revealed that Yildiz Holding’s collaboration with UN Women had garnered appreciation on an international scale. This collaboration aims to provide a platform for women entrepreneurs, thus aligning with broader global objectives of gender equality in business and entrepreneurship.
Remarks by Yildiz Holding
Begum Mutus, representing the Women Platform at Yildiz Holding, conveyed that the company’s efforts to unveil the potential of women entrepreneurs have been acknowledged. Mutus added that Yildiz Holding remains dedicated to creating a more inclusive and equitable world, with a continuous focus on empowering women.
Empowering Women Entrepreneurs Globally
During the United Nations General Assembly week, a panel discussion titled “Empowering Women Entrepreneurs on a Global Scale” was held on 21 September in New York. This event convened several thought leaders and institutions working towards fostering equal opportunities on a global level. The discussion underlined the collective ambition of promoting gender equality in entrepreneurship.
Founded in 2021, the Women’s Platform has, in cooperation with UN Women, elevated its practices to the global stage. Through the Women Entrepreneurship Acceleration Program, Yildiz Holding committed to investing over $4 million in women entrepreneurs within a span of three years. Notably, by the end of the program’s first year, the company surpassed its three-year target, generating a value of over $5 million.
According to Mutus, Yildiz Holding aspires to double the number of women suppliers by next year. This ambitious plan aligns with the company’s broader objective of reinforcing the support system for women entrepreneurs within its global value chain, thereby contributing to a more gender-balanced entrepreneurial landscape.
Implications of Recognition
The recognition of Yildiz Holding by the United Nations underscores the essential role corporate entities can play in promoting gender equality in the business sector. This instance serves as an example for other corporations to partake in similar gender-equal entrepreneurial initiatives, fostering a more balanced business ecosystem globally.