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Standard Chartered launches Programme to enhance women’s economic inclusion & employability

WNAM: by WNAM:
September 23, 2024
in Business
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Standard Chartered launches Programme to enhance women’s economic inclusion & employability
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KARACHI ( WNAM REPORT): : Standard Chartered Bank launched the Goal Accelerator Programme in collaboration with Right To Play International Pakistan at the SC Pakistan Head Office.

The Goal Accelerator Programme is an evolution of the deeply impactful Goal Programme that was first launched in Karachi in 2016. It is a sport-powered, gender-responsive economic resilience initiative with the aim to create concrete pathways and steps for disadvantaged girls and young women to obtain decent employment, earn an income and become economically resilient.

In Pakistan, Goal Accelerator will support 450 young women between the ages of 17-35 years old who will be recruited from urban slums in Lahore, Karachi, and Islamabad. For entrepreneurship participants, the minimum level of education required is 8th Grade. For employability participants, the education threshold will be higher, at 12th Grade.

Mr. Rehan Shaikh, Chief Executive Officer, Standard Chartered Pakistan commented, “Today marks a significant milestone, not just for the Bank, but for the countless women who will benefit from the Goal Accelerator Programme. Since 2016, we have partnered with 140 schools across Pakistan, equipping young girls and women with the skills needed to become economically independent. Currently, there are over 90,000 Goal beneficiaries who have benefitted from this programme and can now work towards shaping their own futures. We know that investing in girls’ futures and closing the gender inequality gap will increase women’s labour force participation rates, which is a matter of critical importance for Pakistan’s economic growth. At 24.5%, Pakistan’s workforce participation rate for women is one of the lowest both in South Asia and globally. Programmes such as Goal Accelerator will aid in bridging this gap, impacting not just the intended beneficiary but entire communities.”

Mr. Ali Khayam, Country Director Right To Play Pakistan addressed the audience, stating, “This partnership between Right To Play and Standard Chartered has benefitted thousands of young girls over the last 08 years. Goal program has empowered these girls teaching them core life skills and financial literacy, giving them agency over their life decisions.”

The event concluded with a call to action, reiterating the commitment to champion the rights of youth particularly young women and girls so they can reach their full potential.

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