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After integrating the issue of gender equality into its line of investment solutions, Mirova, an affiliate of Natixis Investment Managers, leads 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 euros in asset under management has received the support of UN Women and the UN 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” (SDG 5), reflects the need for further progress.

Convinced that it is possible to combine financial performance and achievement of the UN Sustainable Development Goals, Mirova furthers its commitment to gender equality by gathering 66 investors in a statement to support the women’s empowerment in the workplace and achieve gender equality. In addition to calling for increased transparency on this topic, the purpose of this statement is to encourage companies to sign the Women’s Empowerment Principles. This set of 7 principles, established by the UN Global Compact and UN Women, aims at helping companies create and implement effective equality initiatives that benefit workers, management, society and shareholders. This statement will now be disseminated to a large set of global companies in order to reaffirm the importance of gender equality and to notify them that investors are paying growing attention to this issue.

“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, explains 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.”

With this joint statement Mirova and the undersigned investors reaffirm their increasing attention to gender equality and women’s empowerment in their investment decisions. Consequently, they strongly encourage business leaders to take corporate action to promote gender equality in their companies by signing the Women’s Empowerment Principle, and they call on companies foster the implementation of gender equality performance measurement tools and improve transparency on their actions and outcomes.

“The WEPs strategic framework is a smart way to incentivize the investment community to take action on gender equality. It’s a triple win proposition, with better investments for investors; impact-driven change by investees; and decent work, opportunities and decision-making that empower women and girls.” declares Phumzile Mlambo-Ngcuka, Under-Secretary-General of the United Nations, and Executive Director of UN Women.

For further reading:
Mirova
Affiliate of Natixis Investment Managers
French Public Limited liability company with board of Directors.
Share Capital: €8 813 860
Regulated by the Autorité des Marchés Financiers (AMF) under n° GP 02014.
RCS Paris n° 394 648 216
59 avenue Pierre Mendès France
www.mirova.com

Natixis Investment Managers
RCS Paris 453 952 681
Share Capital: €178 251 690
43 avenue Pierre Mendès France
75013 Paris
www.im.natixis.com

This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.