Adasina Social Capital

The biggest threats facing the world over the next 10 years, according to the World Economic Forum, revolve around global inequality and its consequences on people and the planet. In her latest article, Adasina’s Co-CEO Julianne Zimmerman explains the critical role that investors play in mitigating those threats and actively investing to create a more equitable future: “As investors, we have the right and the power — and some of us hold the fiduciary responsibility — to base our investment decisions on material information. What could be more material than a global assessment of the evolving risk landscape? We don’t have to follow along blindly, or accept a worsening world: we have the prerogative to invest to reduce inequality and other injustices.” Read the full article here:

Confluence Philanthropy’s Annual Practitioners Gathering is right around the corner –?and we’ll be there! Adasina’s Afsana Jahan (Director, Relationship Management) is looking forward to leveraging collective intelligence and learning how investors are aligning capital with their values of sustainability, equity, and justice. And she’s also looking forward to catching up and connecting with members of our community who are also in attendance! Email us at? [email protected] or use the Confluence event app to get in touch. See you next week!

Follow us on Bluesky Social! ?? We recently launched our company account and look forward to starting a conversation about #SocialJusticeInvesting with our beloved community on this new platform. ?? ?? See you there!

“For 20 minutes, millions of viewers learned the truth about subminimum wages, the history of tipping rooted in post-Civil War exploitation, and the urgent need for change.” - Saru Jayaraman We were delighted to see our Social Justice Partners at One Fair Wage (OFW) mentioned in this week’s episode of Last Week Tonight with John Oliver. ?? And we were equally delighted to see this topic in the national spotlight at the start of #WomensHistoryMonth since over 70% of tipped workers are women, according to the Center for American Progress. Spread the word: economic justice is gender justice. ? Check out the full segment below, and consider supporting the work of OFW in ending the subminimum wage for tipped workers once and for all.

??Adasina’s latest Quarterly Investor Briefing is officially here! Watch the recording of our Q4 2024 session to hear Afsana Jahan (Relationship Manager), Roberto Thornton (Managing Director), and Kevin O'Neal-Smith (Impact Strategist) share updates on: Recent firm and staff news Our investment performance Adasina’s 2024 Impact Report Watch the recording here: https://lnkd.in/e-DbEQdH What about our live Investor Briefings? ?? In 2024, we introduced our Quarterly Investor Briefings to engage more deeply with our community. We were delighted by your enthusiastic response and we also heard from many that attending the event live often conflicted with your schedules. So, this time around, we are sharing a video recording instead of hosting a live session. We hope this helps everyone in our beloved community engage with us conveniently! Have questions??As always, we welcome your questions and feedback. For more information on any of the topics discussed in our Investor Briefing, feel free to reach out to our team at [email protected].

“Companies with top performance on gender and racial diversity within executive teams were 25% and 35% more likely to have above-average profitability, respectively.” Forbes Afsana Jahan here, Relationship Management Director at Adasina Social Capital posting on Rachel’s behalf while she’s away on sabbatical. Numbers like the ones above prove the effectiveness of #DEI programs, and yet we continue to see an upsetting shift at the industry level away from their core tenets. Recently, we learned that Institutional Shareholder Services (ISS) – one of two major proxy voting firms in the US –?is the latest entity to *stop* considering race and gender in their board of director voting. This is another troubling development, and yet, proxy voting remains a powerful way for investors to wield their collective power. ? So, how can investors continue to wield that power in light of ISS’s decision? Consider investing with a values-aligned assets manager or custom voting strategies and providers. For example, Adasina works with As You Vote, a platform that implements our social justice informed proxy voting strategy. PS: Over the past year, Adasina voted in 8,195 proxies to uphold ethical governance. We also supported 32 shareholder proposals focusing on issues including DEI, corporate governance, executive compensation, political spending, ESG, human rights, pay gaps, and military and tobacco industry involvement, reflecting our abiding commitment to just and sustainable business practices. Your partnership with Adasina can create impact by aligning your proxy votes with your social justice values. I? would love to share more with you over a call; please email [email protected] to set up a time! _________ Rachel is on sabbatical through April 1st, 2025. While she's away, Adasina team members will occasionally be posting on her account with timely updates, resources, and news.

Creating an inclusive, diverse, and innovative workplace goes beyond language and positioning. In the words of Adasina’s Co-CEO Julianne Zimmerman, it comes down to authentic and intentional leadership. In her new column for Impact Entrepreneur, Julianne shares tips for impact leaders on how to show up for their teams in a climate of federal hostility toward #DEI programs:

“As Black History Month begins, these funds seek to deliver positive impact.” We're thrilled to share that Adasina’s Social Justice All Cap Global ETF (JSTC) has been featured in a recent Morningstar article highlighting funds that invest in racial diversity. Thank you, Alyssa Stankiewicz for the shoutout and for recognizing JSTC for its unique approach to evaluating companies based on proprietary criteria encompassing racial, gender, economic, and climate justice. At Adasina, we’re advancing racial justice at the scale of the public markets. We invite you to join us – see the comments for more details.?? __ The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For Standardized Performance as of quarter end and most recent month-end, as well as Top Ten Holdings, for JSTC go to www.adasinaetf.com.

In 2000, there were 50 Black-owned banks in the U.S. Today, that already low number is down to just 22, according to the National Bankers Association. Danielle Burns, MBA here posting on Rachel’s behalf while she’s away on sabbatical. February is #BlackHistoryMonth, and as we collectively reflect on the past let’s also remember to practice radical hope for the future. This month can be a powerful time to imagine and take action toward creating a future in which all Black people are free. One way to realize that future? Supporting the flow of capital to Black-owned banks. Last year, Adasina Social Capital partnered with Hip Hop Caucus to amplify their Bank Black & Green Initiative –?an investor campaign aimed at increasing the number of Black-owned banks in the U.S. while simultaneously divesting from fossil fuels and prison funding. Here’s how you can take action ?? ?? Sign the Bank Black & Green Investor Letter: https://lnkd.in/gi_byAxS ?? Consider supporting MDIs (Minority Depository Institutions) in your community: https://lnkd.in/gvXJCt39 ?? Amplify this post within your network ________ Rachel is on sabbatical through April 1st, 2025. While she's away, Adasina team members will occasionally be posting on her account with timely updates, resources, and news.

“Black History Month means Black Trans and Nonbinary History” Massachusetts Transgender Political Coalition At Adasina, we agree that #BlackHistoryMonth means we celebrate the history –?and future –?of *all* Black people. In a climate of distinct backlash targeting the Trans community, let’s take a moment to learn about and honor the trailblazers of the Black Trans community ???????