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查看Rachel J. Robasciotti的档案

Founder & Co-CEO at Adasina Social Capital

“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.

Rachel J. Robasciotti

Founder & Co-CEO at Adasina Social Capital

2 周

More about As You Vote, a resource from our friends at As You Sow, here: https://www.asyousow.org/as-you-vote

Michael Kramer

Trust Steward, Manager, and Director of Research, Natural Investments; Co-Author, The Resilient Investor

1 周

Can you share the source article for that quote? I couldn’t find it at the Forbes website. Thanks

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