Pax World launches women’s index fund
It’s the first fund to invest in companies that have demonstrated a strong commitment to women as judged by five criteria. These include the number of women representatives on boards of directors or in executive management, as well as those who have a female CEO or CFO and have signed the Woman’s Empowerment Principles, a joint initiative by the UN Global Compact and UN Women that provides guidance for companies on how to empower women in the workplace.
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