Gender diversity and equality has moved into the investing world. Just having female board members is no longer enough and investors are seeking stronger commitments from companies in a move to advance gender balance.
With increased gender screens in managed funds and a new cohort of gender lens investments, referred to as GLIs, you know it’s hit mainstream when there’s a new acronym.
Investors understand that it makes good business sense to incorporate the viewpoints of half the world’s population. Having women on boards and in leadership positions provides a more realistic reflection of consumers and other stakeholders. The drive is coming from investors who are seeing the value at risk, for asset managers and organisations that are not acting to close the gender gap.
The business case for more women
The World Bank Group published a report in 2018, exploring current research that links company performance with the proportion of women in leadership positions.
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