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A significant number of research papers have highlighted how important gender equality is at many levels, for companies’ revenue as well as for countries’ economic growth.

New Financial

Diversity from an Investor’s Perspective (May 2019), by Olivia Seddon-Daines and Yasmine Chinwala, This report looks at why and how the most forward-looking asset owners (such as pension funds, insurers and sovereign wealth funds) are addressing diversity and inclusion. Their opinions count – as an essential source of capital for financial markets, the needs and actions of asset owners have a big impact on how the whole system operates.  

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Progress on the Gender Pay Gap: 2019 (April 2019), This study examines how gender pay gaps around the world have changed since Glassdoor’s initial study in 2016. Leveraging hundreds of thousands of salary reports, including detailed worker and job information shared voluntarily and anonymously by employees on Glassdoor, the gender pay gap in eight countries is estimated: the United States, the United Kingdom, Canada, Germany, France, the Netherlands, Singapore, and Australia. The gender pay gap persists around the world, but it is narrowing. In the United States, for example, the gender pay gap is estimated to close by 2070.

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Calvert Impact Capital

Just Good Investing: Why gender matters to your portfolio and what you can do about it (December 2018), Whether we acknowledge it or not, gender is a major determinant of life outcomes around the world. On average, over 11 years, companies with higher percentage of Women in Leadership positions and Women in Board positions outperform companies with the lowest percentages. It’s not just the number of women that are important, it’s the ratio. Once a borrower exceeds 33% of Women in Leadership, we observe a more significant increase in financial performance.

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Harvard Business Review

The Other Dividend (August 2018), by Paul Gompers and Silpa Kovvali, The gender and racial makeup of the venture capital industry is staggeringly homogeneous. A comprehensive data set of every VC organization and investor in the United States since 1990 shows that the industry has remained relatively uniform for the past 28 years. Only 8% of the investors are women. Racial minorities are also underrepresented—about 2% of VC investors are Hispanic, and fewer than 1% are black. Those groups have seen significantly increased representation in other fields and in advanced professional and scientific degree programs, but not in the VC industry.

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Veris Wealth Partners

Gender Lens Investing: Bending the Arc of Finance for Women and Girls (Fall 2018), It took 25 years for the first USD 1 billion to be invested in gender lens investments. The second billion dollars took 12 months. Given the rapid expansion of the gender lens investment ecosystem, the future looks bright for those committed to bending the arc of finance for women and girls.

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World Economic Forum

The Global Gender Gap Report (2018), Projecting current trends into the future, the overall global gender gap will close in 108 years across the 106 countries covered since the first edition of the report. The most challenging gender gaps to close are the economic and political empowerment dimensions.

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Women on boards and the human capital connection (March 2018), Studies have asked whether having multiple women on a board of directors has translated into better financial performance. There is some research suggesting that this may be the case.1 But does this question go to the heart of the matter?

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United Nations Women

Facts and Figures: Economic Empowerment (multiple sources,) When more women work, economies grow. An increase in female labour force participation—or a reduction in the gap between women’s and men’s labour force participation—results in faster economic growth.

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Barbara MaheExternal Resources