Women and millennials value investment principles that have a positive impact on challenging issues, such as climate change, gender diversity, social justice, and employee equity. Demographic trends are among several powerful political, economic, and societal forces combining to produce a global investment landscape that demands increased alignment of core values and investment decisions.
Like it or not, in our position as Financial Advisors, we become gatekeepers. At my gate, I give preference to investments that demonstrate not only financial health, but also a deep commitment to socially and environmentally responsible practices that intentionally include working to build equity across gender, race, and class through their work as well as increasing representation and equity across management, staff, supply chains, and service providers.
Many of us realize that racial equity requires much more than intentional conversations and thoughtful grants. Though these are important efforts, there is a growing imperative to address the disparities experienced by people of color, and especially women in the US, with action and systems change. A place to start is by providing equitable access to the resources women of color need to create economic opportunity for themselves and their communities.
My firm focuses on the preservation of biodiversity as an investment theme allowing investors to align their investments with their values – an approach to investing that often has a special appeal for women. It inherently recognizes that we cannot continue to take from nature and not give anything back. It also recognizes that the future of our planet will require a more nurturing approach as is often used in ESG investing.