Mirova leads gender equality coalition

October, 2019 Print

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After integrating the issue of gender equality into its line of investment solutions, Mirova, an affiliate of Natixis Investment Managers, is leading an investor coalition to support the Women’s Empowerment Principles and achieve gender equality.

This statement, co-signed by 66 investors, representing more than €4 trillion in asset under management, has received the support of UN Women and the United Nations Global Compact. Although there has been increasing awareness that the achievement of gender equality is a prerequisite for sustainable development, the adoption of the 2030 UN Agenda for Sustainable Development – of which one of the stated goals is to achieve gender equality and empower all women and girls – reflects the need for further progress.

“Increasingly, the underrepresentation of women in top-level management positions in the private sector is seen as an urgent challenge, not only from a fairness and equality perspective, but also because it may impede performance,” said Philippe Zaouati, Mirova’s CEO. “We believe that a company that promotes and takes decisive and concrete actions towards gender equality is a company that will create value not only for its investors, but for all of the stakeholders.”

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