Ethnicity in Investment Management: Building Positive Intentions into Meaningful Action
This report by the Investment Association (IA) reflects on the actions investment management firms are taking to better understand their workforce and identify where minorities are under-represented, as well as the reasons behind this. It is designed to provide practical examples through case studies to share good practice with their wider membership. It forms part of the extensive existing body of D&I work produced by the IA, including their 2019 Black Voices report which looks specifically at the experiences of Black professionals working in the investment management industry and Black students considering their careers.
Global Diversity and Inclusion: Perceptions, Practices and Attitudes
In 2008, the Society for Human Resource Management (SHRM) commissioned the Economist Intelligence Unit (EIU), a subsidiary of The Economist Group, to conduct an International Study on Diversity and Inclusion. The study was launched to provide a deeper understanding of Diversity and Inclusion issues on a global scale, and to offer insight into Diversity and Inclusion best practices worldwide. This groundbreaking study included surveying over 500 executives and interviewing 40 of them. In addition, the Economist Intelligence Unit researched the diversity readiness of 47 different countries to create the Global Diversity Readiness Index. This report details the findings of both the research and this groundbreaking new tool.
Investing for Justice Part 2: How
Social and racial justice is a complex and sensitive systemic issue that can make people feel uncomfortable. Systemic inequalities in the financial sector reinforce systemic inequalities in society. However, if we are going to commit to learning and striving for change, then the issues need to be faced in order to overcome them. This report from Rally Assets demonstrates how we can work to reduce those inequalities by how and where we invest our capital.
Impact Investing in the Indigenous Context: A Scan of the Canadian Marketplace
Indigenous issues remain at the forefront of Canadian policy, with many communities still lacking the necessary infrastructure and services related to water, education, economic development, and health. While these issues have traditionally been targeted by government, non-profits and charities, we believe that impact investors can play a role as well. This report seeks to answer a crucial question that has been under-examined in the Canadian impact investment market: What is being done by impact investors, and how can the sector contribute to the betterment of Indigenous communities in Canada? How will the emergence of new intermediaries shape the Indigenous Finance landscape over the next decade?
Inclusive Resilience in South Asia
The World Bank’s South Asia team has developed project specific social inclusion action plans that include a set of recommendations outlining feasible entry points for Disaster Risk Management (DRM) projects across a variety of DRM topics to more inclusively address the needs of excluded populations. The menu of actions will keep growing as we learn more. This project aims to elevate innovative solutions and the emerging best practices from the local, regional and international levels on inclusion in disaster contexts. This platform aims to highlight the truly resilient society that DRM and Social Development practitioners are building and scaling across the South Asia region.
Diversity & Inclusion in the VC Industry
NVCA and Deloitte dashboard to explore who works in the VC industry (US); whether gender, racial/ethnic, or age groups have differing experiences; what firms are doing to enhance diversity and inclusion; and how these findings compare to the benchmark from the inaugural study.
Private Equity’s Chance to Stand Up for Diversity and Inclusion
BCG's report on how private equity firms can accelerate progress toward racial justice.
The Diversity Forum
From The Diversity Forum: The Diversity Forum is a collective on a mission to drive inclusive social investment in the UK, through the convening of sector-wide groups, commissioning research, and knowledge sharing. Their report, published in January 2019, found that only 2.8% of directors in the social investment sector were women of ethnic minority backgrounds, and almost one in five directors in the sector had attended Oxford and Cambridge universities. There is urgency to change this to ensure that we represent the people we seek to serve, as well as to uncover new opportunities.
The Equity Equation: A Roadmap to Equity, Diversity and Inclusion in Canadian Finance
The Equity Equation aims to inform the finance industry’s diversity strategies and best practices, and to equip WCM’s partner firms, their leaders, managers and employees with tangible recommendations to advance equity. These recommendations offer a roadmap for their partners who wish to advance equity, diversity and inclusion.
The Fight for Racial Equity
Trillium's white paper explores what Trillium can do and has done as an investment firm, an employer, and an advocate for change in the fight for racial equity.
Racial Equity Investing
Morgan Stanley's report offers a framework for investors to understand the risks and financial impact associated with perpetuating racial inequality, and to identify ways to allocate capital toward opportunities to promote racial justice.
Sustainable & Impact Investing: Racial Equity Investing
Glenmede's primer on racial equity investing demonstrates that racial equity investing can help investors identify unique sources of alpha in three ways: enhanced financial performance, new investment opportunities, and risk mitigation.
A Framework for Inclusive Investing: Driving Stock Market Participation to Close the Wealth Gap for Women of Color
From Commonwealth: A new, unified analytical framework for understanding the barriers holistically and articulating how the nation’s public, private, and social sectors can use this framework to pursue promising actions to help narrow the nation’s wealth gaps
It’s time for a new approach to racial equity
From McKinsey This article argues that collective action that brings together public-, private-, and social-sector stakeholders is the most promising way to create broad, permanent change on this complex issue.
Diversity Wins: How Inclusion Matters
Diversity wins is the third report in a McKinsey series investigating the business case for diversity, showing not only that the business case remains robust but also that the relationship between diversity on executive teams and the likelihood of financial outperformance has strengthened over time.
Global Black Principles for Funding Equity
From The Wise Fund: Black Philanthropy Month (BPM) has identified 10 New Black Funding Principles. Funders can adopt the principles by signing the BPM’s Black Funding Equity Pledge.