The Global Impact Investing Network (GIIN) defines gender lens investing as investment strategies applied to an allocation or to the entirety of an investment portfolio, which 1) seek to intentionally and measurably address gender disparities and/or 2) examine gender dynamics to better inform investment decisions.
Gender equality data of companies is traditionally limited to the number of female-identified board members. The non-profit Equileap has created an enhanced gender report card which includes 19 criteria in the following categories:
- Gender balance in leadership and workforce
- Equal compensation and work life balance
- Policies promoting gender equality
- Commitment, transparency & accountability
- Alarm bells
The Equileap Gender Score of mutual and exchange traded funds can be found on Gender Equality Funds.
Gender Lens Funds
In recent years, several gender lens focused funds have been created. Examples of gender lens funds include:
- Pax Ellevate Global Women’s Leadership Fund (ticker PXWIX)
- SPDR SSGA Gender Diversity Index ETF (SHE)
- Lyxor Global Gender Equality (DR) UCITS ETF – C-USD (ELLE.L)
gender equality ROBO-ADVISORS
Ellevest, an online fee based (annual fee of 0.25%) investment platform, offers a portfolio of ETFs and mutual fund which focus on women in leadership, sustainable companies, and community development.
Newday Impact offers a Nia Global Solutions portfolio. This portfolio is managed by Nia Impact Capital, a certified B Corporation investment advisor. Nia Impact Capital is woman-led and applies a gender lens across their investment decision-making process.
Sustainable Development Goals
Photo by Alice Donovan Rouse