The potential economic and development gains from gender equality are vast and well-documented and yet they are currently being bypassed. This joint report by BNY Mellon and the United Nations Foundation explores the market potential of advancing gender equality. The report highlights that Bridging the global gender gap will require leadership and investment by the public and private sectors. In particular, institutional and individual investors have both a significant market opportunity to realize and a unique role to play in accelerating the advancement of women and girls. To date, private investment for financial return that simultaneously supports gender equality goals (commonly known as “gender-lens investing”) has typically taken the form of investing in women-led businesses and investing in companies that promote gender diversity in their workplaces. Increased focus is needed on a third, less-common type of gender-lens investing: investing in companies that advance gender equality through their product and service offerings.
Authors: Monique Herena, Jyoti Chopra and Heidi DuBois
Source: BNY Mellon and the United Nations Foundation