Rethink Impact raises $110 million for women-led social startups

Women Rising Rethink Impact has raised $110 million for women-led social startups. Rethink Impact was launched by former tech CEO Jenny Abramson with Seavest Investment Group in 2015 and is co-led by Heidi Patel, former president of New Island Capital. More than half of the fund came from clients of UBS Wealth Management Americas, which brought

National Australia Bank offers fixed-income gender equality bond

Women Rising National Australia Bank has created a fixed-income gender equality bond. The new bond will finance “employers of choice for gender equality” as determined by an Australian government agency. Organizations on the list demonstrate commitment to cultivating female leadership, closing the gender pay gap, enabling a safe work environment, and offering family-friendly work arrangements. The

Silicon Valley leaders put $10 million into Learners Guild to boost tech diversity

Women Rising Silicon Valley leaders have put $10 million into Learners Guild to boost diversity in tech. Kapor Capital, Obvious Ventures, Learn Capital and Acumen are backing Learners Guild’s low-cost engineering program as a way to bring more women and minorities into the tech sector. Silicon Valley has been under the diversity microscope amid high-profile allegations of

Strauss Group increases purchases from women coffee growers

Women Rising The Strauss Group will increase its purchases from women coffee growers. The Israeli company — the fifth largest green coffee buyer worldwide — is partnering with women’s coffee cooperatives in Honduras, the Democratic Republic of Congo, and Vietnam. Coffee is a $100 billion market worldwide and women are responsible for 70 percent of growing and harvesting. But women represent

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