Dallas, United States:
An extended-standing champion and international advocate for ladies’s empowerment and gender equality, Mary Kay shared with transparency its gender-responsive procurement (GRP) international journey at the Diversity Summit in Prague, Czech Republic. Hosted by Startup Disrupt on September 13, 2022, at the newly renovated Clam-Gallas Palace, the summit was the largest European hybrid convention on Diversity, Equity, and Inclusion (DEI), bringing collectively greater than 50 keynote audio system from the non-profit, authorities, and business sector. The occasion is held below the auspices of the Czech Presidency of the Council of the European Union, the Capital City of Prague, and the US Embassy in the Czech Republic.
This press launch options multimedia. View the full launch right here: https://www.businesswire.com/news/home/20221019005912/en/

“Studies show that women entrepreneurs tend to reinvest up to 90% of their earnings in their families and communities, thus linking inclusive economic growth directly to development,” says Virginie Naigeon-Malek, Mary Kay Inc. Global Head of Sustainability and Social Impact. (Credit: Mary Kay Inc.)
Speakers and thought leaders included the American area fanatic Alyssa Carson, Helena Dalli, European Commissioner for Equality, Lenka Simerská from the Czech Republic Ministry of Labor and Social Affairs, Denisa Linhartová from the Czech Olympic Commission, economist Danuše Nerudová, Lea Lundblad from Apple, Rebeca Grattan from Avast, and Virginie Naigeon-Malek from Mary Kay Inc., sharing insights on key matters reminiscent of:
- Leveraging DEI Ecosystem with Business Goals;
- Developing and Sustaining DEI Company Culture;
- Inclusive Design and Innovation;
- Women’s Empowerment.
“The purpose of the Diversity Summit was for us to bring together some of the brightest minds in the private, public, and government sectors and to unite their voices in our unyielding rally towards gender equality not only in the Czech Republic and Europe but also all around the world. We know that reducing inequality boosts economies and develops lasting and robust societies that give all individuals – women and men – the opportunity to fulfill their potential,” mentioned Patrik Juránek, Founder and CEO of Startup Disrupt.
Virginie Naigeon-Malek, the Global Head of Sustainability and Social Impact at Mary Kay Inc., was certainly one of the featured keynote audio system on the matter of ladies’s financial empowerment in which she constructed the business case for the inclusion of ladies suppliers of companies and merchandise into the international worth chain as a robust technique for corporations to drive sustainable development and social impression.
UN Women defines gender-responsive procurement1 as “the sustainable selection of services, goods, or public works from women-owned or women-led enterprises and also gender-responsive businesses – those having gender-responsive policies and practices for employees and supply chains.” In the Europe area, ladies account for lower than a 3rd of entrepreneurs. Studies present that despite the fact that ladies get half the funding capital in comparison with males, their corporations ship twice as a lot income for every greenback invested.2
“Investing in women-owned businesses and including them in the global supply chain is not only the right thing to do it is also the smart thing to do for corporations. As women suppliers win more business, their families, local communities, and national economies benefit. Studies show that women entrepreneurs tend to reinvest up to 90% of their earnings in their families and communities, thus linking inclusive economic growth directly to development. Women businesses need to have an equal footing while competing for contract opportunities,” mentioned Virginie Naigeon-Malek, Mary Kay Inc. Global Head of Sustainability and Social Impact.
Watch the video to study extra about Mary Kay’s dedication to Supplier Diversity & Inclusion (SDI) and gender-responsive procurement.
“Building on the success of the Sustainable Future International Conference, we were delighted to partner once again with Startup Disrupt who’s putting Diversity at the top of the global agenda, fostering dialogue across all stakeholders, and engaging our communities. We all need to work collectively with an innovative mindset to remove barriers to women’s empowerment and equality,” mentioned Edita Szaboova, General Manager of Mary Kay Czech Republic and Slovakia.
Did you realize?
- Globally, 1 in 3 companies are owned by ladies.
- Yet – on common, women-owned companies globally win lower than 1% of all procurement spend by giant companies and governments.
- Estimates counsel that company procurement workplaces handle a mean of 64 p.c of an organization’s complete enterprise spend.
Source: Vazquez, E.A & A.J. Sherman. (2013). Buying for Impact: How to Buy from Women and Change the World. Charleston, South Carolina: Advantage.
ABOUT MARY KAY
One of the unique glass ceiling breakers, Mary Kay Ash based her dream magnificence firm in 1963 with one aim: enriching ladies’s lives. That dream has blossomed right into a multibillion-dollar firm with tens of millions of impartial gross sales pressure members in almost 40 international locations. As an entrepreneurship growth firm, Mary Kay is dedicated to empowering ladies on their journey by means of training, mentorship, advocacy, networking, and innovation. Mary Kay is devoted to investing in the science behind magnificence and manufacturing cutting-edge skincare, coloration cosmetics, dietary dietary supplements, and fragrances. Mary Kay believes in enriching lives in the present day for a sustainable tomorrow, partnering with organizations from round the world specializing in selling business excellence, supporting most cancers analysis, advancing gender equality, defending survivors of home abuse, beautifying our communities, and inspiring kids to observe their desires. Learn extra at marykayglobal.com, discover us on Facebook, Instagram, and LinkedIn, or observe us on Twitter.
ABOUT STARTUP DISRUPT
Startup Disrupt was based in 2020 and is devoted to serving to companies and tech disrupters to alter the ‘old’ mind-set in industries, merchandise, and companies. We are a future-oriented group of passionate startup fans who wish to assist a brand new technology of startup founders, engineers, builders, tech innovators, and others to succeed. The goal of Startup Disrupt is to turn into a startup platform designed to offer information, inspiration, and connection to entrepreneurs, startup founders, know-how innovators, and startup communities throughout the world. For extra data, go to https://www.startupdisrupt.com/.
1 UN Women. (2022). “Procurement’s Strategic Value: Why Gender-responsive Procurement Makes Business Sense.” New York: UN Women.
2“Funding Women Entrepreneurs: How to Empower Growth.” (June 2020). Prepared for: The European Commission By: Innovation Finance Advisory.
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