Female economicparticipationfuels prosperity

What can be done to diversify the energy sector?

Timeline of projects enhancing female participation in the workforceand economic diversification

Saudi Arabia

22% of employed femalesin the workforce1

Population

GDP per capita4

Size of theoil & gassector(GDP)2

Size of theoil & gassector(GDP)2

Size of theoil & gassector(GDP)2

Size of theoil & gassector(GDP)2

Size of theoil & gassector(GDP)3

50%

Qatar

58% of employed femalesin the workforce1

Population

GDP per capita4

55%

UAE

41% of employed femalesin the workforce1

Population

GDP per capita4

40%

Kuwait

47% of employed femalesin the workforce1

Population

GDP per capita4

60%

Norway

61% of employed femalesin the workforce1

Population

GDP per capita4

14%

51 70 129

38 50 138

Human DevelopmentIndex Rank

Source:2016 Human Development

Reports (HDR), United NationsDevelopment Program (UNDP)

Gender InequalityIndex Rank

Gender GapIndex Rank

Energy-reliant economies need to includemore women in the workforce to thrive

by companies by othersby governments by companies & governments

Modernize andempower fromwithin

Enhancecommunicationwith employees

Increase boarddiversity

Create equalopportunity workenvironment

Create partnershipsand share knowledgewith other companies

Give office-boundwomen opportunityto be in the field

Create a code ofconduct for femaleparticipation andequal opportunities

Invest in andpromote STEMprograms

Provide diversityfigures in annualreports

Exchange ideas andexperiences andcollaborate

Includeaccountabilityin reforms

Implement genderquotas

Retain femaletalent

Visit countries andcompanies thathave successfullycreated diverseworkplace

Work towards makingfemale leadershipin the norm

Foreign investorsmust require thatinvestee companyis high in genderdiversity

Gender EqualityAct 1978,Norway

Government PensionFund Global 1990,Norway

KuwaitNationalDevelopmentPlan

SaudiVision2030

QatarNationalVision2030

UAEVision2021

2017

31,742,308 2,446,328 9,121,167 4,513,143 5,277,762

$20,029 $59,331 $37,622 $25,139 $70,812

33 42

1

127 46

1

130 120

2

© RBC Capital Markets, LLC, RBC Dominion Securities Inc., RBC Europe Limited 2018. RBC Capital Markets is a trading nameused by the capital markets businesses of the Royal Bank of Canada group. This infographic is for informational purposesonly. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument, investment product orservice. The information contained herein, has been compiled from sources believed to be reliable, but no representation orwarranty, express or implied, is made by Royal Bank of Canada, its affiliates or any of its businesses or representatives, as toits accuracy, completeness or correctness.

1 Labor force participation rate, female (% of female population ages 15+)(World Bank figures revised in March 2017 based on modeled ILO estimate).

2 Organization of the Petroleum Exporting Countries (OPEC), 2016 data.

Source:

3 National Budget 2018, Ministry of Finance, Norway.4 GDP per capita (current US$), World Bank national accounts data,and OECD National Accounts data files, 2016 data.