October 18, 2018

Shwe Taung is the First Myanmar Company to be Awarded Group-wide EDGE Certification for Gender Equality

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Myanmar, Yangon – 5th October 2018. Shwe Taung is proud to be the first company
in Myanmar to be awarded a group-wide EDGE (Economic Dividends for Gender
Equality) Certification, recognising the company’s efforts in creating equal career
opportunities for women and men.

EDGE is the leading global assessment methodology and business certification standard
for gender equality. Working with nearly 200 organisations in 50 countries and across
23 industries, EDGE evaluates companies’ workplace gender equality performance
against global and industry benchmarks. It is a comprehensive assessment that draws
on workplace experience and perceptions through employee survey, organisational
data, policies and practices.

Shwe Taung, one of Myanmar’s leading corporations, was awarded six EDGE
certifications, one for each of their core business sectors. The award follows a rigorous
third-party audit, which included a comprehensive review of the company’s gender
policies and practices, detailed analysis of company data from the entire workforce of
over 7,000 employees, and evaluation of the employee experience and perceptions of
career development opportunities.

Mr. Ye Myint, Vice Chairman of Shwe Taung, said “Advancing gender equality in the
workplace has always been one of Shwe Taung’s strategic goals. This Certification is the
beginning of a new journey for us. We share EDGE’s mission in fostering equal career
opportunities for women and men in the workplace. With the support of our employees,
we are committed to our goal of achieving diversity and inclusion in Shwe Taung.”

Shwe Taung believes creating an inclusive and diverse work environment is key to
enhancing business performance and achieving long term sustainability.

“Our employees are pivotal to our success. Shwe Taung believes greater diversity
provides immense benefits to both our organisation and our employees. We are able to
attract, develop and retain talented employees by offering them a gender equal
workplace where they are assessed solely by performance. We hope other companies in
Myanmar will join us in our commitment to achieve gender equality in Myanmar.” said
Ms. Sandar Htun, CEO of Shwe Taung Real Estate.

Going forward, Shwe Taung plans to further develop and implement best-practice HR
policies and is committed to closing the gender gap within the organization,
strengthening our position as an employee of choice.

ABOUT SHWE TAUNG
Shwe Taung is one of Myanmar’s leading corporations with a diversified portfolio of
business interests focusing on six core sectors – building materials, distribution,
engineering and construction, infrastructure investment, lifestyle, and real estate. We
currently have a workforce of more than 7,200 employees, creating employment
opportunities for people across the country.
We adhere strongly to the belief in contributing to society and the environment through
our wide-ranging corporate social responsibility (CRS) programmes in Myanmar. We
actively participate in programmes dedicated to enhancing human capital, protecting
the environment, building communities, and promoting greater transparency in
corporate governance and accountability to stakeholders. We regularly invest in
sustainable initiatives to enhance the environment, education and social community
programmes for the future of Myanmar.
We have been a member of the United Nations Global Compact since 2013, a United
Nations initiative to encourage businesses worldwide to adopt sustainable and socially
responsible policies in the areas of human rights, labour, the environment and anticorruption.

Shwe Taung | Inspiring Lives. Sustaining Progress.

ABOUT EDGE
EDGE is the leading global assessment methodology and business certification standard
for gender equality. It measures where organizations stand in terms of gender balance
across their pipeline, pay equity, effectiveness of policies and practices to ensure
equitable career flows as well as inclusiveness of their culture. Launched at the World
Economic Forum in 2011, EDGE has been designed to help companies not only create an
optimal workplace for women and men, but also benefit from it. EDGE stands for
Economic Dividends for Gender Equality and is distinguished by its rigor and focus on
business impact. EDGE is currently working with 200 global organizations, in 50
countries and 23 sectors.

Read the original press release on the Shwe Taung Group website:
https://www.shwetaunggroup.com/wp-content/uploads/2018/10/Press-Release_EDGECertificate_EngV.pdf

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