Last week, Director of Socially Responsible Investing Pat Tomaino joined neighbors, activists, and more than 130 citizens calling on Boston’s city council to divest public funds from risky companies like private prison operators, weapons makers, and fossil fuel companies.
Skin in the game: Why we’re leading a push for inclusion & accountability in the tech sector
The technology sector has historically excluded minority and women workers. Underrepresented people of color hold just nine percent of technical roles in the sector with above-average attrition rates. And women hold about one-third of entry-level tech jobs.
But inclusion isn’t just a matter of racial and gender justice. McKinsey & Company research shows that companies with leading approaches to inclusion are more likely to have above-average financial returns.
That’s why Zevin Asset Management began researching companies’ strategies to promote diversity and retain the most talented tech workers, no matter where they’re from or what they look like. We also channeled our clients’ investor voices for positive impact, challenging companies to link reasonable inclusion goals to the CEO’s paycheck.
Thanks for reading, watching the video above, and sharing comments with pat@zevin.com.
Caretaking & Human Capital: Why we’re leading an investor project on paid family leave
America faces a caregiving crisis. Approximately 87 percent of private sector workers in the United States do not have access to a single day of paid family leave. This can drive risk and opportunity for companies. Companies offering paid family leave to all workers, not just those at the top, report improved morale, as well as cost savings from less employee turnover.
In the absence of policy at the federal level, last year Zevin Asset Management decided it was time for responsible investors to ask companies about paid family leave policy and push big employers in the right direction. As featured in a recent issue of Fortune, our shareholder advocacy has already helped win key changes at major companies like CVS Health, Starbucks, and Walmart.
Thanks for reading, watching the video above, and sharing comments with pat@zevin.com.
Zevin Asset Management Named a Leading Money Manager for Positive Impact
Zevin Asset Management has been honored as a leading socially responsible investment manager by experts at Real Impact Tracker. Real Impact Tracker is an easy-to-use, new tool to help individuals and institutions find money managers that create positive social and environmental benefit with their investments. Real Impact Tracker estimates that only 7 percent of investment funds would qualify for the certification Zevin Asset Management has received. Read more about this new tool and Zevin's rating.
Investors "Take the Lead" on Advocating for Gender Equality
Amid the #MeToo campaign, the fight for pay equity, and under an administration that ignores women’s health, investors, consumers & lenders must push for gender equality. Read more about Zevin Asset Management’s upcoming collaboration with Take The Lead and Women Investing for a Sustainable Economy and how we are addressing gender equity issues in our portfolios.