Phoenix WealthManagement (“PWM”) today announces that it has signed a statement of support for the Women’s empowerment principles (WEPs). Produced and disseminated by the United Nations Entity for Gender Equality and the empowerment of Women (UN Women) and the United Nations Global Compact, thePrinciples present seven steps that business and other sectors can take to advance and empower women.
As one aspect of its efforts to foster a diverse and inclusive workforce, PWM’s support for WEPsaims to deepen employee understanding of and respect for diversity and thereby nurture innovative approaches to meet its clients’ needs. Phoenix WealthManagement aims to foster employee commitment to the following WEPs principles, and report progress:
? Principle 1: Establish high-level corporate leadership for gender equality
? Principle 2: Treat all women and men fairly at work – respect and support human rights and non-discrimination
? Principle 3: Ensure the health, safety, and well-being of all women and men workers
? Principle 4: Promote education, training and professional development for women
? Principle 5: Implement enterprise development, supply chain and marketing practices that empower women
? Principle 6: Promote equality through community initiatives and advocacy
? Principle 7: Measure and publicly report on progress to achieve gender equality 
Stan Garner, Chief Executive Officer of Phoenix Wealth Management, said, “We signed because nurturing a diverse workforce is essential to our business, to effectively serve our clients. Diversity is indeed one of our Firm’s core values, as identified by employees through a bottom-up assessment and fully supported by management. The empowerment of women is a core aspect of this commitment, and we look forward to working with WEPs to realize it.”
At the same time, PWMhas appointed Assistant Global Head of Marketing, Josephine Chia to the newly created role of Diversity Advocate, with oversight for ensuring inclusion and transparency in all aspects of diversity in its workforce. Josephine represents twenty years of financial services experience spanning Shanghai and Canberra, and as a woman in an industry known for a lack of diversity particularly at senior levels, understands the challenges faced.
Josephine said, “Operating across two countries, Phoenix Wealth Management employees represent ten nationalities and it is this diversity that allows us to pursue our mission to provide sustainable progressive solutions to our clients. I look forward to facilitating and contributing to this important effort.”
