Despite advancements, gender gaps in Mexico persist, limiting the transformative potential that women can contribute to sustainable development.
Mexico has made remarkable progress in financial inclusion. But to achieve this, it must harness all its talent, which includes empowering women as agents of change in the economy. It is time to redesign public policies and business strategies to ensure that women have the same access to financial opportunities and leadership positions.
"Companies led by women tend to have a more comprehensive approach to sustainability and social responsibility issues, factors that are increasingly valued in global markets," highlights an expert.
When we talk about green and sustainable finance, women play a prominent role. Gender equality must be a pillar in Mexico's development strategy, and the financial sector is an ideal place to start. Female leadership is not just an aspiration; it is a necessity to build a fairer, more competitive, and sustainable Mexico.
According to estimates from international organizations, greater economic participation of women could increase Mexico's GDP by up to 70%. Data from INEGI reveals that although women represent 48% of the workforce in this area, only 25% hold high-level positions.
Despite 61.9% of women having access to some financial product according to the 2021 National Survey on Financial Inclusion (ENIF), more work is needed for these policies to be reflected in everyday reality.
Financial exclusion is not only an issue of inequality; it is a brake on economic development. The story changes when analyzing the figures in detail: only 27.8% of women have a credit card, compared to 36.9% of men. Female leadership in the financial sector remains limited, despite studies showing that women tend to prioritize investments with positive social and environmental impact.
In a global context of climate change, economic recovery, and sustainable finance, Mexico has the opportunity to lead regionally. The inclusion of the gender perspective in the Sustainable Taxonomy by the Ministry of Finance is a relevant step. Women are ready to lead, innovate, and transform, but they need a system that allows them to do so. Change is urgent and possible.
What do these numbers tell us? The difference in mortgage credits between men and women is another concerning aspect that reflects the need to work on gender equity in the financial sector.
