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A recent report by BNY Mellon establishes the wide-ranging and significant positive outcomes of gender equality and encourages investors to seek opportunities to tap into the economic benefits of the same. Titled Return on Equality, the report is a result of BNY Mellon's partnership with the United Nations Foundation and highlights an under-utilized approach to gender-lens investing—investing in companies whose products or services help advance gender equality. Under the leadership of BNY Mellon Senior Executive Vice President and CHRO Monique R. Herena, who also chairs the BNY Mellon Foundation, the report quantified $300 billion in incremental annual spending that could be unlocked by achieving parity across just five sectors—water, contraception, telecommunications, child care and energy. The report includes recommendations for how individual and institutional investors, asset managers, and companies can access this untapped opportunity to realize positive human rights, development and financial outcomes.
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