State Street will vote to oust boards that don’t include women

Women Rising Images of the bronze statue of a defiant young girl in front of the iconic Wall Street bull quickly went viral. State Street Global Advisors, which installed the statue, says it’s more than symbolic. The $2.5 trillion asset manager will vote its shares to push for greater women’s representation in decision-making. Nearly a quarter

Impact investors celebrate International Women’s Day

Women Rising The reports, blog posts and announcements were flying fast and furious on International Women’s Day as impact investors celebrated women. Omidyar Network’s Jenny Johnston offered recommendations for financial services providers to better serve the 1.1 billion women left out of the formal financial system. Calvert Foundation’s Najada Kumbuli dug into Calvert’s data to

Three priority actions to achieve gender equality and empower all women and girls by 2030

UBS has identified three priority actions to achieve gender equality and empower all women and girls. That’s the language of Sustainable Development Goal №5, which the world committed to reach by 2030. A white paper from UBS, however, found SDG 5 is getting only 2.6 percent of total funding for the Global Goals. At that

Pro Mujer to expand services for low-income women with Working Capital for Community Needs

Women Rising Pro Mujer will expand services for low-income women with Working Capital for Community Needs. Working Capital for Community Needs, a Latin America-focused impact investor, is helping Pro Mujer expand its supportive resources like financial products, healthcare and education to poor women across Latin America. Pro Mujer, based in New York, has lent $3 billion

Asian social stock exchange founder Durreen Shahnaz seeks Trump’s support for impact investing

Women Rising Asian social stock exchange founder Durreen Shahnaz is seeking Trump’s support for impact investing. “I may have been born in Bangladesh, but I was nurtured to be a banker, media executive and entrepreneur in the US,” Shahnaz wrote in an open letter to President Trump. Shahnaz is the founder of IIX, based in

Jean Case previews map of emerging impact data ecosystem

Women Rising Jean Case is bullish on impact investing. Writing in Stanford Social Innovation Review, the former AOL executive and head of the Case Foundation credits the growing influence of young people and women, the entrance of big institutions and an increasingly robust data ecosystem. On that last point, Case touts the Impact Investing Network

AXA readies public equities fund to tap gender-diversity “dividend”

Women Rising We reported in Feb. 21 on the global growth market in women’s equality. Now comes AXA Investment Managers with the AXA World Funds Mix IN Perspectives fund, which will invest in companies committed to gender diversity at all levels. As of last June, 15 public-market equity and debt solutions explicitly deployed a gender lens,