The issue: Gender equality
Companies with gender equality are positioned for success
Collecting data and scoring companies on gender equality is the first step towards sustainable change.
Retirement plans are investing companies that score poorly on gender equality
Female leadership is crucial, given there are only 6% female CEOs in the S&P 500. But gender diversity is not only necessary at the top; it’s equally important across all levels of a company, from the boardroom to executive, management and workforce levels.
Asset managers like Vanguard are investing in companies that score poorly on gender equality – and they’re using workers’ retirement plan savings to do so. Through Vanguard, the retirement plans of companies like Amazon and Comcast are investing millions in publicly-traded companies with poor gender balance and poor adoption of policies promoting gender equality.
FOCUS: SUSTAINABILITY RISK
Companies that score poorly on gender equality
Our gender equality fund ratings are powered by the Equileap Gender Equality Scorecard, inspired by the UN’s Women Empowerment Principles. The Equileap Gender Equality Scorecard scores companies based on 19 criteria, including gender balance across the workforce, the gender pay gap, paid parental leave, and anti-sexual harassment policies.
Offer gender lens retirement plan options
Company retirement plans should offer fund options that are sustainably invested and invest with a gender lens.