# JapanAlumni Gender Parity Accelerator


## Accelerator impact

Launched in 2022, in collaboration with the Gender Equality Bureau and Japanese Male Leaders Coalition for Empowerment of Women, Japan's Gender Parity Accelerator worked to close gender gaps in workforce participation, renumeration, and leadership.At the time of the accelerator's launch, Japan ranked 116th out of 146 countries in the World Economic Forum’s Gender Gap Report and 19th in the East Asia and Pacific region. Its most significant gender gaps existed around women’s political and economic participation and empowerment. By countering the labour force impact of Japan’s ageing population, closing the workforce gender gap would be essential to Japan’s continued inclusive economic growth and could boost GDP by up to 15%.As part of the accelerator’s action plan, Japan passed legislation on gender pay gap disclosure requiring companies with more than 300 employees to publicly disclose the wage gap between women and men. It will further support businesses' efforts to close the gender gap by working with more than 300 companies.