By Laura Frigenti, Global Head International Development Assistance Services (IDAS), KPMG
This blog is part of a special series marking the launch of the updated
2019 Social Institutions and Gender Index (SIGI)
Achieving gender equality is critical to achieving each and every one of the 17 Sustainable Development Goals (SDGs). Though few disagree that gender equality is a facilitator and a catalyst for meeting these ambitious targets, too few emphasise the non-capital inputs required to achieve them. A push for capital remains front-and-center in the conversation, but several other factors must be pursued with equal zeal. Good data, disrupting norms and greater innovation are chief amongst them. Such efforts contribute not only to SDG 5 to “achieve gender equality and empower women and girls,” but also pave the way further for achieving the greater 2030 Agenda.
Gathering alongside gender-lens investors, impact investors and shareholder activists at the December 2018 Financial Times Investing for Good USA event highlighted the challenges and opportunities for accelerating progress toward greater gender equality. Unfortunately, the need remains to put in place effective systems and processes to collect data and measure impact in this critical area. Less than one-quarter of the key gender indicators have adequate tracking information, and only 13% of countries worldwide dedicate a regular budget to collecting and analysing gender statistics. The scarcity of data is a disservice to existing efforts, defying effective planning for the future. To address this gap in data and reporting, KPMG, for example, is a founding partner in Equal Measures 2030, an initiative dedicated to linking data and evidence with planning and actions toward gender equality.
Imagine a family sitting down for a meal – a father, a mother who’s nursing a little baby, a school-aged boy and an adolescent girl. Who has the most on their dinner plate? Maybe Dad, since he’s the biggest and has a physically demanding job. Then the boy – I had two of them and sometimes it was amazing how much they could eat. Then after that, the two slimmest: Mom and daughter, right?
Over her lifetime, a girl born today in Germany is expected to earn just about half the income of a boy born on the same day. In France and Sweden, she fares slightly better at about 70%. In Turkey, she can expect to earn no more than a quarter.
Gender equality frequently makes headlines. Even before the #metoo movements, political leaders started to place gender equality at the top of their agendas. Beyond OECD countries, the G20, the United Nations’ Sustainable Development Goals as well as the African Union’s 2063 Agenda made achieving gender equality a priority.
How can we power development that leaves no one behind?
Pick up any newspaper or switch on any TV in Europe over the past five years and you might think that the entire population of Africa is on the move – and heading across the Mediterranean. Images of young men travelling in boats in search of protection and a better life for themselves and their families have become a 
