This Week in ESG and Impact Investing

As a CIR intern, I had the opportunity to attend the World Bank-organized session on "Empowering Women as Entrepreneurs and Leaders" at the IMF/World Bank Spring Meetings in Washington, DC on Thursday, April 13, 2023. This engaging panel discussion featured prominent speakers such as David R. Malpass, President of the World Bank, and India's Finance Minister, Nirmala Sitharaman, who joined other panelists to explore the topic of women's development and empowerment across the globe. During the session, opinions varied on how best to promote women's economic participation and entrepreneurship. The panelists examined the conditions and strategies required in order to achieve genuine empowerment for women. Both Malpass and Sitharaman underscored the critical role of women in the global economy and development, emphasizing the significance of their empowerment and advancement. The session highlighted the ongoing economic vulnerability faced by women worldwide due to so...

Review of New York Life Investments Webinar: Women & Investing. Lessons for Success: Strengthening Relationships & Transforming Your Business Introduction Forbes estimates women control $14 trillion in assets and that this number is increasing. They control 70-80% of the purchasing decisions, have longer life expectancies, but hold a disproportionate percent of life savings in cash.   Women aren’t all the same, but many feel advisors paint them with the same brush.  Women represent a compelling opportunity by increasing their involvement in the financial planning process, helping improve financial literacy, gaining greater financial independence. Main Takeaways from the NY Life Survey on Women and Investing 1. 62% of woman believe their investment needs are truly unique and feel as though they’re treated differently when working with financial advisors 2. 67% leave their financial advisor for something other than financial reasons: mainly a lack of...