August 26th commemorates the 98th anniversary of the signing of the 19th Amendment, giving women the right to vote. Gender equality has progressively been moving forward, even though there is still room for improvement. Women are still under-represented and under paid in the corporate world, although great strides are being made.
Striving for equal opportunities for women and girls should be the norm in modern society. Although we are not there yet, it has shown to be a great investment opportunity.
Companies that have a higher share of women in executive positions and on their board, tend to deliver better financial results compared to male dominated companies. The outperformance is primarily contributed to the broader range of ideas and approaches to problem solving that a diverse group of decision makers have, as well as to better talent and employee management.
Women holding positions at the top of companies does not happen by chance. Foresighted businesses have recognized the potential and are working to improve their pipeline of qualified candidates in management training programs.
Gender diversity in leading corporate roles is one of the screens employed in ESG and socially responsible investment approaches. By investing in this manner, you can achieve a potentially stronger portfolio, while at the same time supporting companies that do their part to offer everyone an equal opportunity.
If you have any questions about how you can align your investment portfolio with your values, please contact Forty4 Financial for more information.
All information contained herein is derived from sources deemed to be reliable but cannot be guaranteed. All economic and performance data is historical and not indicative of future results. All views/opinions expressed in this newsletter are solely those of the author and do not reflect the views/opinions held by Advisory Services Network, LLC.