Financial Feminism
A Woman's Guide to Investing for a Sustainable Future
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- $11.99
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- $11.99
Publisher Description
As we face global challenges like climate change and inequality, what if women could use their investments to build a cleaner, fairer and more sustainable world?
Financial feminism – the belief in the financial equality of women – has been gathering momentum, largely in the context of the gender pay gap: on average a woman earns 80% of what a man does. But there’s another gap – the gender investing gap – which shows women are investing less than men, saving less for retirement and parking more in cash. When compounded by the gender pay gap, this results in a significant shortfall, but there’s more to financial feminism than simply addressing these gaps: women also care about where their money is invested and the impact it can have.
In this practical and accessible guide, sustainable investing expert Jessica Robinson shows how through financial feminism, women can use their financial power to invest in a sustainable future and build the kind of world they want to live in. With jargon-free explanations and real-world examples, she demystifies the financial services industry, breaks down just what sustainable investing is and demonstrates the societal and environmental impact of the investment decisions we make.
Arming women with the information they need to get started – and keep going – she hopes that more women will embrace financial feminism, invest to grow their own wealth and, in doing so, use their financial decisions to demand a better world.
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"Money should be a force for good," writes strategic adviser Robinson in her rousing debut. Talking about money is taboo for many women, she notes, even though she cites stats that suggest women are more successful investors than they think. Thus, the author's program for financial feminism entails getting women to be active in the financial world and making decisions for the benefit of society. She breaks down the broad "economic gender gap" into its component parts: inequalities in pay, work achievement, debt, unpaid labor, investing, funding, and pension. Once that foundation is established, she takes readers through the basics of investing with a focus on sustainable, responsible, and impact investing: before taking a stake in a company, one should evaluate its relationship with the environment, social factors (such as labor standards), and governance (which includes "transparency of decisions"), and determine one's own personal objectives. While occasionally repetitive, Robinson's guide is thoughtful, and her call to "be part of the movement" is sure to rally readers. Women looking to do good while doing well will find this a helpful blueprint.
