#MeToo spurs investors to move money to companies that support women

In the Global Impact Investing Network’s survey, investment professionals — i.e., fund managers, foundations, banks — reported that their social-impact investments have either met or exceeded their expectations for both impact (98 percent) and financial performance (91 percent).

At Calvert Investments in Bethesda, Maryland, where impact investors hold $11.6 billion across 27 funds, the increased focus on women in the workplace brought about by the #MeToo movement is welcome.

“This has been a longtime priority for us, making sure we can engage with companies about how they manage their workforces and diversity in general,” said Erica Lasdon, senior environmental, social and governance research analyst at Calvert.

“Hopefully [the current focus] will add some momentum so that as investors, we can see more companies act on things we’ve been hoping for, for a long time,” Lasdon said.

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