Principles for Responsible Investment’s Post

Join us for an insightful webinar on September 13, 10:30 am - 12:00 pm ET, as we delve into how investments can address the systemic risks of LGBTQIA+ inequity. Co-hosted by Colorful Capital, Principles for Responsible Investment (PRI), Out in Finance, StartOut, and TIIP - The Investment Integration Project (TIIP), this session will explore actionable frameworks for driving equity. 🗣️ Hear from industry leaders as they discuss key findings from Colorful Capital’s "Outsized Impact" report and share practical steps investors can take to foster inclusion and drive financial returns. 📅 Save the date and register here: https://lnkd.in/eswBhjMg #LGBTQIA #Investment #Equity #Webinar 

We are excited to co-host a webinar with Colorful Capital on September 13, 2024, from 10:30 a.m. to 12:00 p.m. ET, focused on how investment can address the systemic risk of #LGBTQIA+ inequity. This webinar, which builds on the recently released report “Outsized Impact,” will explore how #LGBTQIA+ inequity is nothing short of a systemic challenge that poses considerable risks to the U.S. economy and financial system. Register for the webinar here: https://lnkd.in/eswBhjMg Read "Outsized Impact" here: https://lnkd.in/ggxWUP5f Megan Kashner (Director of Social Impact & Sustainability at Northwestern University's Kellogg School of Management, and Co-founder of Colorful Capital) will open the webinar, and William Burckart (CEO of TIIP - The Investment Integration Project, prof at Columbia | SIPA, and Co-founder of Colorful Capital) will provide an overview of key findings from the "Outsized Impact" report; a report he co-authored the report with Lloyd He. They will be followed by a panel moderated by Cambria Allen Ratzlaff (Principles for Responsible Investment), including Aeisha Mastagni (CalSTRS), Jesse Beck (Mercer), and Traci Keen (Mate Fertility). Respondents Eric Krull, MBA (Out in Finance), and Tarik Perkins (StartOut) will reflect on the discussion and detail how their organizations are helping to bridge the divide between capital markets and LGBTQIA+ progress. The webinar, co-hosted by the Interfaith Center on Corporate Responsibility (ICCR), PRI, Out in Finance, and StartOut, will examine the systemic inequities affecting the LGBTQIA+ community and introduce actionable investment frameworks. #VC #impactinvesting #SystemLevelInvesting https://lnkd.in/eswBhjMg

Earlier this year, I had the opportunity to square a circle when I helped bring together an event on #InclusiveCapitalism at Columbia | SIPA. The corresponding panel--which was co-hosted by the Sustainable Investing Research Initiative (SIRI), Out in Finance and SUMA Equity Alliance, and the Columbia Impact Investing Initiative--brought together folks representing different points on the capital chain to explore how to advance #LGBTQIA+ progress at the system-level. I was joined by Otho Kerr of the Federal Reserve Bank of New York, Marisa Hodgdon of Ember Ignite and sidelines.vc, and Fabrice C Houdart of the Association of LGBTQ+ Corporate Directors for a discussion moderated by SIRI founder and director Caroline Flammer. To keep the discussion going, I am excited to co-host a webinar on September 13, 2024, from 10:30 a.m. to 12:00 p.m. ET, focused on how investment can address the systemic risk of #LGBTQIA+ inequity. This webinar, which builds on the recently released Colorful Capital report "Outsized Impact: How Investment Can Address the Systemic Risk of LGBTQIA+ Inequity,” will explore how #LGBTQIA+ inequity is nothing short of a systemic challenge that poses considerable risks to the U.S. economy and financial system. Register here: https://lnkd.in/eswBhjMg Download "Outsized Impact" here: https://lnkd.in/eVfcGyH4 Megan Kashner (Northwestern University - Kellogg School of Management) will open the webinar, and I will provide an overview of key findings from "Outsized Impact" (which I co-authored with Lloyd He). We will be followed by a panel moderated by Cambria Allen Ratzlaff (Principles for Responsible Investment), including Aeisha Mastagni (CalSTRS), Jesse Beck (Mercer), and Traci Keen (Mate Fertility). Respondents Eric Krull, MBA (Out in Finance), and Tarik Perkins (StartOut) will reflect on the discussion and detail how their organizations are helping to bridge the divide between capital markets and LGBTQIA+ progress. The webinar, co-hosted by the Interfaith Center on Corporate Responsibility (ICCR), PRI, Out in Finance, StartOut, and TIIP - The Investment Integration Project, will examine the systemic inequities affecting the LGBTQIA+ community and introduce actionable investment frameworks. #investing #impactinvesting #venturecapital https://lnkd.in/eswBhjMg

Top quotes from my conversation with Marcia Page from MPowered Capital. 1. "When we started this business the concept of enterprise value was non-existent. Over the last 10-15 years, there's been maturing and consolidation that created enterprise value." 2. "Succession requires a lot of intentionality and really strong communication skills." 3. "Being a woman in a male dominated field of alternative investing never hindered my success, probably because I was always in a position to be able to commit capital." 4. "The first time I had time to look around and take stock, I was like, where did everybody go? How is it possible that I'm one of the few women to found an alternatives firm that has a long track record that was built to scale?" 5. "Discussion about diversity is being in a field of bobbleheads. A lot of people nod, but the reality is there wasn’t any commercial action that was following on the back of that." 6. "This group of talent has had different challenges in launching their own firms. Those barriers have been somewhat structural in nature, but they've also been the function of unconscious bias – statistically they are promoted more slowly, have been paid less, and are not necessarily part of a privileged network." With thanks to 10 East and SRS Acquiom.

Women Crush Finance Stereotypes: Building a Brighter Future Gone are the days of a male-dominated investment world. Women are redefining the industry with their unique perspectives and driving positive change. Here's how these investing rockstars are shattering glass ceilings: Impact Champions: Prioritizing investments with social & environmental impact alongside returns. Long-Term Visionaries: Favoring long-term strategies for financial security. Collaboration is Key: Building strong investment communities for informed decisions in a more inclusive environment. Data-Driven Decisions: Leveraging research for strategic investment choices. Funding Diverse Founders: Closing the funding gap & fostering innovation with female-led startups.

Imagine a world where business decisions are about positive societal impact above profit. A groundbreaking report by the Schwab Foundation for Social Entrepreneurship unveiled at the World Economic Forum highlights how 10 million social enterprises are at the forefront of tackling global challenges, and half of these have women at their helm! As a female social entrepreneur, it gives me great pride that women are are not just running businesses, they altering the very fabric of the economic landscape, fostering a more equitable, sustainable, and inclusive world. The report serves as “a narrative of hope and a roadmap for meaningful impact,” as Anna Marks of Deloitte aptly puts it. It emphasizes the need for a systemic shift in the way we perceive business success. To truly maximize the impact of the social economy, two key shifts are crucial: 1. Grow the social economy in its scope and scale by developing a supportive ecosystem based on collaboration, trust, mutual understanding and knowledge sharing. 2. Leveraging the experience of the social economy to reconceptualize our current economic system, and its role in society by creating businesses built on the premise of solving the problems of people and planet profitably. People and the planet before profit Let us be inspired by social entrepreneurs and work together to provide an inclusive, sustainable future for new generations. Together we can amplify the impact that we can have on improving lives, building inclusive communities and protecting our planet. #socialenterprises #femaleentrepreneur #purposedrivenbusiness #innovationforgood #empowerchange #genderequality #innovation #leadership #impactinvesting #wef #globalchangemakers #womenleaders #positiveimpact #sparkon

Go Big Strategies along with my partners Julianne Brown and Sonya Z. Mehta went big last week and submitted a session idea to present as this year SOCAP Global. I am honored to reach out to this community and ask for your help with voting for our session - People First: Culture Creates Sustainable Value. If you know anything about me and my career, you know I strongly believe in and work towards the triple bottom line: People, Planet & Profits. There are many incredible topic ideas this year spanning from how DEI helps the Incarcerated with careers; to how the system is broken, and what we need to do to fix it. Questions like - What happened to all the Impact Dollars, and how to transform leadership to be a more inclusive catalyst for change will also be addressed and explored. Please support these incredible folks in the Impact, DEI, and Wellbeing space. Some standouts that I voted for and supported are LeRon Barton, David Levine, Melissa Graham, Deldelp Medina She,Her,Ella,Elle,Dela, Meghan S., @Rebekah Butler of Gratitude Railroad, Thomas Moyers, MBA, Sara Jolena Wolcott, Andrea Ojeda Valle, Justin Desrosiers, Janine Firpo and Cathi Kim. Also would like to briefly thank Samantha Stevenson, Joy Rain (she, her, hers), Julia Cselotei, Ting-Fai Yu, Bracken Darrell, Laurie Garrett, Eric Bhanudas Blackerby, Charles X., Joshua Freedman, Issac M. Carter, Ph.D. and Valerie Bennett-Lewis. You have all been there from the beginning, and have encouraged me to be my authentic self and lead with my light. I am doing just that, and it feels good to unapologetically lead from the front. If we all want more equity and rid systems of discrimination, we need to do this together. Let's Go Big and Get It! Please share, vote, repost, and support. Voting ends April 14th. https://lnkd.in/gK3VT-k9

Really proud to share our latest article series from BCG on Social Impact, "The Power of Socially Transformative Business." This piece delves into how private sector companies can advance progress on social issues while enhancing their competitive edge. The key is aligning purpose, strategy, and business needs with social impact. Whether promoting health equity or ensuring inclusive supply chains, companies across industries can see success in social transformation. Give it a read here: https://lnkd.in/egqD4Sxb

Do institutional investors drive corporate social responsibility? Alexander Dyck, Karl Lins, Lukas Roth, and Hannes F. Wagner published an article to assess to what extent the environmental and social performance of firms worldwide is influenced by their shareholders. They study a large set of listed companies in 41 different countries and conclude: 👉🏼 Institutional #ownership is positively associated with E&S performance across their sample, with additional tests suggesting this relation is causal. 👉🏼 Institutional investors are motivated by both #financial and social returns, increasing firms' E&S performance following shocks that reveal financial benefits to E&S improvements. 👉🏼 Institutional investors tend to increase firms' E&S performance when they come from countries with a strong community belief in the importance of E&S issues, but not otherwise, transplanting their #social norms regarding E&S issues around the world. 👉🏼 As shareholders significantly influence a company’s culture regarding E&S issues, an increase in responsible investor’s ownership of US firms could bring meaningful change to economic decision-making in the country. The study's findings have valuable implications for investment professionals, as they suggest that #institutional investors play a crucial role in driving corporate social responsibility and E&S performance. The study could be pushed further by taking into account the potential heterogeneity in the impact of different types of institutional investors, such as active and passive investors, or the potential impact of other stakeholders on firms' E&S performance. ValueCo

The 2022 report Unlocking the Social Economy highlights the potential of the social economy, including social enterprises, to create more inclusive and resilient societies by addressing inequalities, creating and maintaining jobs for marginalized communities, adopting green business models, and leveraging digital tools to deploy distributive ownership models. #socialenterprises