‘Victory for equal pay’: Judge rules Trump administration must require companies to report pay by gender, race

The Obama-era pay data collection requirement aims to tackle employer discrimination against women and minorities.

Source: ‘Victory for equal pay’: Judge rules Trump administration must require companies to report pay by gender, race – The Washington Post

Note: Companies forced to report this information have more equal pay. A study looking at a British survey found that making pay practices transparent raised all employees’ wages. And gender wage gaps are far smaller in both unionized workplaces and the public sector, where pay scales are usually available to anyone.

Equal Pay Day is April 2, 2019.  https://www.pay-equity.org/day.html 

Announcing the Release of the GIIN’s Navigating Impact Gender Lens Theme and Live Demo 

January 2019

Announcing the Release of the GIIN’s Navigating Impact Gender Lens Theme and Live Demo 

Criterion Institute has partnered with the Global Impact Investing Network (GIIN) to develop the Navigating Impact Gender Lens theme, now live on the GIIN’s website.

The field of gender lens investing is growing rapidly and generating exciting momentum, yet questions abound about the emerging field: How can my investments go beyond counting the number of women in leadership positions to meet the needs of those most marginalized by current power dynamics? What tools are out there to guide me in collecting meaningful data and implementing what seem like daunting changes to my investment processes? What process metrics do I need to have in place in order to mitigate risk and increase the chances of achieving my desired impact?

The Gender Lens theme addresses these questions and more, drawing on the insight and experience of more than 80 investors and gender experts. It consists of various strategies that illustrate different approaches an investor may take to framing goals and measuring progress related to gender in both developed and emerging markets.

Each strategy addresses the Five Dimensions of Impact, highlights examples of illustrative investments, and includes a set of metrics and resources to guide investors in collecting meaningful data and putting the strategies into action.

Investors may choose to apply one or a combination of strategies to meet their impact objectives.

Five of the strategies in the Gender Lens theme can be applied to investments in any sector:

An additional five strategies apply a gender lens to other Navigating Impact themes, namely Affordable Housing, Health, Clean Energy, Smallholder Agriculture, and Financial Inclusion: 

The Navigating Impact Gender Lens theme is directly influencing how the GIIN is thinking about gender as it upgrades its IRIS catalog of generally accepted social and environmental performance metrics used by the majority of impact investors.

To learn more, please contact Criterion’s Director of Engagement, Christina Madden, or join us for a live demo with the GIIN’s Impact Measurement and Management Team on Thursday, February 14 from 9:30-10:30am EST. For more details or to register for the live demo, please click here.

 
 
 
 
 

Criterion Institute is the leading think tank using finance as a tool for social change.

We work with social changemakers to demystify finance and broaden their perspective on how to engage with and shift financial systems. We do this through a methodology and set of practices that move leaders beyond understanding finance to believing in their own ability to use financial systems to advance the social change we seek. Our research, training and institutional engagement allow leaders to be more effective agents of change, fueled by new hope that the change they seek is possible. Visit www.CriterionInstitute.org to find out more.

 

 

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Gov. Jerry Brown signs bill requiring California corporate boards to include women

Gov. Jerry Brown signed a bill to make California the first state to require that its corporate boards of directors include women, addressing concerns that 25% of the companies in the state have all-male boards.

Source: Gov. Jerry Brown signs bill requiring California corporate boards to include women – Los Angeles Times

Oregon’s New Equal Pay Act: What Everyone Needs to Know – July 24 – 6pm

The 2017 Oregon Legislature passed a landmark Equal Pay Act, putting Oregon at the forefront toward equalizing pay between women and men. Trish Garner, Public Policy Chair of the American Association of University Women (AAUW) of Oregon, will lead a discussion of this important legislation at the Tuesday, July 24 meeting of the Central Oregon Coast Chapter of the National Organization for Women (NOW). The discussion will take place at 6 pm in the McEntee Meeting Room, Newport Public Library, 35 NW Nye Street, Newport. The public is invited.

OREGON’s new FAIR PAY ACT specifies that: (1) an employer cannot pay an employee less because of their sex, race, color, religion, sexual orientation, national origin, marital status, age, disability or veteran status; (2) an employer can’t pay an employee’s coworker more for a comparable job unless the entire pay gap is based on one or more of these conditions: seniority, merit, quality or quantity of production, education, training, experience, workplace location or travel; (3) an employer cannot screen job applicants based on current or previous compensation or determine salary on that basis; (4) an employer cannot ask a potential new hire how much he or she is currently paid or has been paid in the past until after making a job offer that includes compensation; and (5) an employer cannot cut an employee’s pay to follow this law or retaliate against the employee for asking for equal pay.