Celebrating Pride Month! The Morningstar Developed Markets LGBTQ+ Leaders Index was launched this month. Index construction begins from a large- and mid-cap index made up of 85% of investable developed markets globally, with ESG exclusions then applied. Index constituents must score at least 3 on Morningstar's ExecuPride Assessment Scale, a framework for evaluating LGBTQ+ inclusion through an assessment of executive commitment and direct evidence of diversity and inclusion policies, practices, and corporate support structures. The index is comprised of 100 constituents. First, the highest scoring companies from each of the 11 GICS sectors from North America, Europe, and the Asia Pacific are included. The next four highest scorers in each sector are then included, and the next highest scorers from any sector are included. Constituents are weighted by applying a score tilt factor to their market cap, giving higher scorers additional weighting. Workplace diversity brings clear benefits to corporations and their investors. With applause for this new index, we have added it to our coverage of diversity, equity, and inclusion equity funds and indexes. See our latest quarterly analysis of equality-focused investing at bit.ly/GLIQ. InvestmentNews Steve Randall Ron Bundy Morningstar Sustainalytics Robert Edwards, CFA #PrideMonth #LGBTQ #SustainableInvesting #DiversityEquityandInclusion
Parallelle Finance’s Post
More Relevant Posts
-
🏳️🌈 Ready to engage in meaningful discussions about LGBTQ+ lens investing? Join us in London next week for our Roundtable. Book Seat: https://lnkd.in/eSqjraKB . ESG investing isn't just a buzzword; it's an ongoing dialogue, and we're here to foster it. 💥Consider this: Companies that prioritize LGBTQ+ inclusion and ESG values are more innovative, profitable and resilient. Our think tank will dive deep into discussions about the future vision for the industry, where LGBTQ+ lens investing and ESG practices converge. #ESG #Investing #ESGInvesting #LGBT #LGBTQ #FinancialServices #InvestingIndustry #London #LondonEvent #Events #Diversity #DEI #Inclusion #CorporateGovernance #Governance
To view or add a comment, sign in
-
-
Senior Account Executive at Morningstar | Streamlining financial professionals workflows through software and data solutions
Learn how the latest in Morningstar Indexes’ lineup of socially focused solutions can help investors achieve both social and investment goals: http://spr.ly/60429DzGO The new Morningstar Developed Markets LGBTQ+ Leaders Index highlights corporate leaders in inclusion by targeting 100 large- and mid-cap stocks diversified across region and sector and selecting companies with strong policies and practices related to their LGBTQ+ workforce. Data from Morningstar Sustainalytics and ExecuPride, a socially focused enterprise that harnesses data science to monitor advances and provide insights into corporate LGBTQ+ inclusion, underpins the index. #MorningstarIndexes
To view or add a comment, sign in
-
-
Sustainability | Climate Action Planning | Climate Change Mitigation | Carbon Emission Calculation | Voluntary Carbon Market |
🌈 LGBTQ+ inclusion is key for business success.🌈 Companies with strong LGBTQ+ policies see better financial performance, a stronger brand, and access to diverse talent. Check out the full article https://lnkd.in/e48qJYQ2
Globe’s Top Firms: Why LGBTQ+ Inclusion is Good for Business
sustainabilitymag.com
To view or add a comment, sign in
-
CEO of LGBT Great | Boards & Business Adviser | People & Talent | Belonging & Inclusion | Community Builder | Strategist | Speaker | Inspirer | Empowerer | Doer
🏳🌈 How can Professional Investors invest with an LGBTQ+ friendly lens? I am looking forward to welcoming our Corporate Members to our Think Tank in partnership with Janus Henderson Investors. The 5 questions we will be exploring together: 🔴 What would a universal definition of LGBTQ+ investing be? 🔴 What are Professional Investors doing in this important area right now? 🔴 What are the perceived challenges and barriers to doing more? 🔴 What could a future vision for the industry be? 🔴 What next? #ESG #Investing #ESGInvesting #LGBT #LGBTQ #FinancialServices #InvestingIndustry #London #LondonEvent #Events #Diversity #DEI #Inclusion #CorporateGovernance #Governance
🏳️🌈 Ready to engage in meaningful discussions about LGBTQ+ lens investing? Join us in London next week for our Roundtable. Book Seat: https://lnkd.in/eSqjraKB . ESG investing isn't just a buzzword; it's an ongoing dialogue, and we're here to foster it. 💥Consider this: Companies that prioritize LGBTQ+ inclusion and ESG values are more innovative, profitable and resilient. Our think tank will dive deep into discussions about the future vision for the industry, where LGBTQ+ lens investing and ESG practices converge. #ESG #Investing #ESGInvesting #LGBT #LGBTQ #FinancialServices #InvestingIndustry #London #LondonEvent #Events #Diversity #DEI #Inclusion #CorporateGovernance #Governance
To view or add a comment, sign in
-
-
CEO of LGBT Great | Boards & Business Adviser | People & Talent | Belonging & Inclusion | Community Builder | Strategist | Speaker | Inspirer | Empowerer | Doer
Did you know? 🏳🌈 LGBTQ+ investing, also known as LGBTQ+ impact investing or 'queer finance', refers to the practice of aligning investment decisions with the values and goals of supporting LGBTQ+ rights and the broader LGBTQ+ community. It involves investing in companies or funds that are LGBTQ+ inclusive and supportive, both in terms of their workplace policies and their broader social impact. Investors interested in LGBTQ+ investing may seek out opportunities in the following areas: 🔴 LGBTQ+ Friendly Companies: Investing in companies with strong LGBTQ+ inclusion policies and diverse workforces. 🔴 LGBTQ+ Advocacy: Supporting organisations, nonprofits, and initiatives that actively work toward LGBTQ+ equality and social justice. 🔴 LGBTQ+-Owned Businesses: Investing in or supporting businesses owned by LGBTQ+ individuals. 🔴 LGBTQ+ Community Projects: Funding or supporting projects and initiatives that benefit the LGBTQ+ community, such as LGBTQ+ community centres, health services, and education programs. 🔴LGBTQ+ investing allows individuals and institutions to leverage their financial resources to promote LGBTQ+ rights, inclusion, and social progress while potentially generating financial returns. It's a way for investors to align their values with their investment strategies. #ESG #Investing #ESGInvesting #LGBT #LGBTQ #FinancialServices #InvestingIndustry #London #LondonEvent #Events #Diversity #DEI #Inclusion #CorporateGovernance #Governance
🏳️🌈 Ready to engage in meaningful discussions about LGBTQ+ lens investing? Join us in London next week for our Roundtable. Book Seat: https://lnkd.in/eSqjraKB . ESG investing isn't just a buzzword; it's an ongoing dialogue, and we're here to foster it. 💥Consider this: Companies that prioritize LGBTQ+ inclusion and ESG values are more innovative, profitable and resilient. Our think tank will dive deep into discussions about the future vision for the industry, where LGBTQ+ lens investing and ESG practices converge. #ESG #Investing #ESGInvesting #LGBT #LGBTQ #FinancialServices #InvestingIndustry #London #LondonEvent #Events #Diversity #DEI #Inclusion #CorporateGovernance #Governance
To view or add a comment, sign in
-
-
In the insightful Sustainability Magazine piece by Steven Downes, a pivotal point is highlighted from the Open for Business report, backed by leading corporations including EY. The report underscores the significance of cultivating LGBTQ+-friendly workplace strategies and their direct correlation with business success. This encompasses enhanced financial performance, stronger brand reputation, tapping into LGBTQ+ consumer markets, and achieving superior diversity outcomes. The report also dispels myths, demonstrating that ESG efforts are progressive and strategic, not political. Amy Brachio from EY underscores the essential role businesses have in advancing LGBTQ+ equality, highlighting its importance as a business necessity. (More about the report: https://go.ey.com/45x5yZl) As we observe #PrideMonth, EY stands tall as we celebrate the diversity that powers our organization. Our commitment to #DEI, with a strong focus on LGBT+ inclusion, remains steadfast. We strive to foster a culture where every individual is valued for who they are, recognizing that our success—both in business and as a community—is deeply connected to our embrace of diversity and inclusion. #InclusionMatters #BusinessExcellence #ProudToBelong
To view or add a comment, sign in
-
-
In case you missed it, a recent study by Open for Business has revealed that LGBTQ+ inclusion is linked to higher profitability. 🌈 Companies at the forefront of LGBTQ+ transparency are 2.3 times more profitable than their counterparts. 🌈 A whopping 92% of major companies now view diversity, equity, and inclusion as essential to their operations. 🌈 This is driven by the global LGBTQ+ consumer market grownung larger than many of the world’s large economies. Who knew diversity was essential for business? 😉 It’s bittersweet that it’s often economic benefits that pave the way for greater inclusion, but if it catalyzes a shift towards more equitable ways of working, I’ll take it. How is your company putting inclusion into practice? Is it? 🙈 I’d love to hear from the trailblazers in the comments. Link to report: https://lnkd.in/e6spbspq #diversity #leadership
To view or add a comment, sign in
-
-
🌈 Celebrating Pride Month: A Commitment to Inclusion and Acceptance 🌈 As we enter Pride Month, it's a time to celebrate the rich tapestry of identities within the LGBTQ+ community and to reflect on the importance of inclusion, acceptance, and equality in our workplaces and society. Pride is more than just a month; it’s a continuous journey toward understanding and embracing diversity. It’s about recognizing the struggles and triumphs of those who have fought and continue to fight for their right to be themselves, openly and without fear. In our professional lives, fostering an environment of inclusivity isn't just a moral imperative—it's a business one. Diverse teams bring a wealth of perspectives, drive innovation, and lead to better decision-making. But beyond the metrics, it’s about creating a space where everyone feels seen, heard, and valued. To our LGBTQ+ colleagues and friends: Your courage and authenticity inspire us. We stand with you not just this month, but every day, committed to building a world where everyone can live their truth without fear or prejudice. Wishing everyone a safe and joyous Pride Month. Let's champion a year—and a future—filled with acceptance and love for all. #PrideMonth #Inclusion #Diversity #Acceptance #Equality #LGBTQ
To view or add a comment, sign in
-
-
🌈 Join us in London next week for an ESG LGBTQ+ Lens Investing Roundtable. Book Seat: https://lnkd.in/eSqjraKB . This event is a platform to talk about what truly matters in ESG and LGBTQ+ lens investing, where diverse voices come together to drive progress. 👉️Here's a powerful fact: Companies that prioritize LGBTQ+ inclusion and ESG values have seen a 25% increase in customer loyalty. At the roundtable, we'll discuss the essential steps needed to create a more inclusive industry while making your investments count. #ESG #Investing #ESGInvesting #LGBT #LGBTQ #FinancialServices #InvestingIndustry #London #LondonEvent #Events #Diversity #DEI #Inclusion #CorporateGovernance #Governance
To view or add a comment, sign in
-
-
Are companies that embrace LGBTQ+ inclusion more successful? According to an Open for Business report sponsored by Deutsche Bank, the answer is a resounding yes. The report, supported by companies like JPMorgan Chase & Co. , Microsoft, and American Express, highlights the financial benefits of LGBTQ+ inclusive strategies. Companies that prioritize LGBTQ+ inclusion have stronger financial performance, reputation, and brand preference. Inclusive companies also attract and retain top talent. #LGBTQ #BusinessPerformance #ESGStrategies
Globe’s Top Firms: Why LGBTQ+ Inclusion is Good for Business
sustainabilitymag.com
To view or add a comment, sign in
Justin Nelson National LGBT Chamber of Commerce (NGLCC) LGBTQ+ Business Advisory Council Queer Money Gang LGBTQ Loyalty Pathstone Katherine Pease Laura J. LaTourette, CFP®