It’s hard to believe that just a century has passed since the 19th Amendment was ratified, giving women expanded access to the voting booth after seven decades of protesting and advocacy. This week, it has been truly awe-inspiring to learn about and uplift the diverse group of activists who dedicated themselves to a cause that has so directly impacted women across the nation.
There is still much to be done to bring equity to women on many fronts, but this week, we raise a glass to celebrate the progress of women and that historic day expanded access to the polls. And when we put down that glass, let’s assess what fearless steps each of us can take to create positive change in our communities.
Some content celebrating the 19th Amendment anniversary that caught our eye this week:
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| COVID-19 Pushes Social Issues to ESG Forefront |
| While climate change and other environmental issues were previously almost synonymous with ESG, the global health crisis plus renewed attention on racial justice issues has spurred a closer look at corporate practices with a wider lens. |
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| Concern About ESG Funds Laden with Tech Stocks |
| Some ESG investment funds are getting a second look due to heavy exposure in often criticized US tech giants. Toby Belsom, director of investment practices at the UN Principles for Responsible Investment, says, “It is crucial that ESG fund managers were transparent about their inclusion criteria, and that they actively engaged with investee companies.” |
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| INCLUSIVE ENTREPRENEURSHIP |
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| Black Women Promoted at Far Lower Rates Than White Men |
| A new report from The Lean In Foundation finds that for every 100 men promoted to manager in the US, only 58 Black women are promoted — despite Black women asking for promotions at the same rate. The study explains how this has a domino effect. Because fewer Black women are promoted to manager, it becomes harder for them to go on to achieve leadership roles. |
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| A Woman-led Engineering firm with a Focus on Mentorship |
| Donna Hager's architecture and engineering firm, Macan Deve, is certified as a Section 3 Business Concern. That means when she works for the New York City Housing Authority, she hires people who live in the housing projects to help execute those contracts. She and her firm then mentor the residents, so they can advance within the construction industry. |
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| Who’s Winning the Battle for Stakeholder Capitalism? |
| As we hit the one year anniversary of the Business Roundtable's new Statement on the Purpose of a Corporation, Judy Samuelson, Executive Director of the Business and Society Program at the Aspen Institute, weighs in on progress made. |
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| Data Shows Increase in Diversity Discussions on Earnings Calls |
| RBC found that 40% of S&P 500 companies discussed diversity, equality and inclusion during second quarter earnings calls, up from 4% in the first quarter, and 6% during the same quarter a year ago. The increase comes amid pressure for companies to reexamine and expand their diversity initiatives and representation. |
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