The Pax Ellevate Global Women’s Index Fund, the first U.S. mutual fund focused solely on investing in the highest-rated companies in the world in advancing women. He is the recipient of the United Nations’ 2014 Women’s Empowerment Principles Leadership Award – Business Case for Action.
Why is it important for companies to take gender equality issues into account when directing resources and opportunities?
It’s a moral and economic imperative to take gender equality issues seriously. It doesn’t make sense to discriminate against half the world’s population nor is it feasible to disregard so much untapped business value.
How is gender equality linked to sustainable development and human rights?
At the most basic level, gender equality is the great human rights issue of our time. People often ask me, “As a man, why do you care?”
Isn’t it obvious? The problem has not been solved on a global level. There is still a system of Jim Crow laws or apartheid when it comes to women and girls. The fact remains that honor killings, genital mutilation, and systemic rape continue to happen. It’s a fact that there a places in the world where girls are not allowed to go to school and get an education.
In the United States, the conditions don’t fall into that extreme. However, women only hold 17% of the board seats and they make only 78% of what a man earns.
Source: CSR Wire