WJI2030 Insights Newsletter: March 2023

Taking Action & Where to Start

Women are central to the watch and jewellery industry – as consumers, designers, employees, and supply chain workers. They drive 90% of global demand for jewellery and make up around 70% of the workforce in jewellery manufacturing. At the same time, women in the industry commonly face adverse social and cultural norms and systemic constraints such as discriminatory laws or gaps in legal protection that hamper their advancement in both the workplace and marketplace. Emerging regulations to improve gender representation on the boards of listed companies in the EU or increased requirements for companies to report on DEI targets including gender promise a pathway forward, but business must play its part to advance gender equality.

At WJI 2030, women’s empowerment is key in our commitment to ensuring inclusive and responsible value chains. As an initiative, we support the Women’s Empowerment Principles and launched a partnership with UN Women to advance gender-responsive procurement through a pilot project. We will soon announce additional workstreams to support our members in promoting gender equality in their own operations and value chains. In the meantime, the following resources developed or curated by our partner BSR offer helpful guidance and inspiration for companies seeking to advance gender equality and women’s empowerment in the industry:



  • WEPs Gender Gap Analysis Tool: Business-driven tool designed to help companies from around the world assess gender equality performance across the workplace, marketplace, and community.
  • Diversity, Equity, and Inclusion (DEI) in Supply Chain Resource Hub: A resource hub that aims to centralize and share the different tools BSR has developed to help companies and organizations integrate diversity, equity and inclusion into their supplier management systems and approaches.
  • Gender Equality in Codes of Conduct: Provides a framework for companies to integrate gender equality considerations into the standards they use to set supply chain ethical requirements.
  • Gender Equality in Social Auditing Guidance: Identifies the main improvements required for gender-sensitive social auditing and provides recommendations, practical advice, and relevant examples on how to effectively integrate gender considerations into audits.