A new partnership between the International Finance Corporation (IFC), Women in Management (WIM) and Diversity Collective Lanka (DCLK) aims to empower small and medium-sized enterprises (SMEs) in Sri Lanka with the tools and knowledge needed to create safer, more respectful work environments. A first-of-its-kind partnership, this programme will empower WIM and DCLK Respectful Workplace practitioners [...]

Business Times

IFC, WIM launch training to foster respectful workplaces

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A new partnership between the International Finance Corporation (IFC), Women in Management (WIM) and Diversity Collective Lanka (DCLK) aims to empower small and medium-sized enterprises (SMEs) in Sri Lanka with the tools and knowledge needed to create safer, more respectful work environments.

A first-of-its-kind partnership, this programme will empower WIM and DCLK Respectful Workplace practitioners to train SMEs in cultivating environments of respect and dignity, with a strong focus on combating gender-based violence and harassment (GBVH). The tailored programme covers areas such as safe reporting mechanisms, prevention-focused education, and organisational accountability, IFC said in a media release.

Despite the significant economic contribution of SMEs – which account for approximately 52 per cent of Sri Lanka’s GDP – the share of women-owned SMEs remains relatively low, at around 25 per cent. While access to finance remains a key growth constraint for women-led SMEs, GBVH – which comes in many forms from physical and emotional violence to financial abuse – is another significant barrier that limits women’s productivity and hampers their active participation in the economy. Domestic violence, specifically, can severely affect the physical and emotional well-being of women, leading to absenteeism and reduced productivity.

“The economic impact of gender-based violence is profound and far-reaching. It not only affects individual lives, but also stifles broader economic stability and growth. By fostering a culture of respect and safety, businesses can improve employee well-being, enhance productivity, and contribute to broader social change,” said Gevorg Sargsyan, Country Manager for World Bank and IFC in Sri Lanka.

“With SMEs being a major growth generator for economic stability in Sri Lanka, enabling a work culture that fosters respect, empathy and trust is pivotal. IFC’s Respectful Workplaces partnership will empower businesses to address GBVH, promoting safer workplaces that spark innovation and drive productivity, contributing to sustainable economic growth.”

Globally, IFC has introduced a suite of tools that provides private sector organisations with guidance on fostering respectful workplaces beyond basic compliance. This resource is part of IFC’s strategy to share knowledge and good practices, enabling companies to take proactive steps in preventing workplace violence and harassment.

“This unique programme will equip WIM trainers with the knowledge and tools to promote respectful workplaces within small businesses, enhancing employee well-being, boosting productivity, and cultivating an inclusive work environment,” said Sulochana Segera, WIM Chairperson.

“We aim to connect SMEs with the DCLK certified practitioners, mental health hotlines, and other experts to learn and grow, creating meaningful impact across the value chains,” said Bani Chandrasena, DCLK President.

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