Where gaps are greatest
In the U.S. and Canada, women have roughly 60% of the economic privileges of men and only 16% - 22% of the political power. Argentina, Mexico and Brazil have the lowest rate of male participation in unpaid care work, with men doing only 40% of the work that women do. In France, Germany, Switzerland and Spain, females make up fewer than 30% of science graduates. In some countries, women still face legal and commercial discrimination in terms of inheritance and access to financial services and land, not to mention the violence, exploitation and other harmful practices afflicting many women and girls around the globe.
The authors of Gender-Lens Wealth identify a number of areas where private wealth can contribute, leading
issues around maternity leave, domestic work (including childcare) and STEM education, fields where girls are chronically underrepresented. Female leadership and access to financial services, land and inheritance are also identified as zones for high private impact.
The potential of private wealth is vast, but individual actions and contributions can be limited in scope. To compound their efforts, individuals should look for ways to connect their networks of powerful and wealthy peers and align efforts toward common goals. For instance, changing the parental leave policy within your own company is a start, but influencing peers to do the same at their companies amplifies the impact. The same principle applies to funding startups aimed to serve women with commercial products and
or uniting with like-minded donors on outcome-focused philanthropy. By working together, gender-lens wealth can take greater steps toward meeting SDG 5 and setting the new agenda for 2030 and beyond.
Taking a gender-lens view of your wealth is one of many ways you can align your resources with your values and passions, while at the same time supporting your own ultimate financial goals and needs.
To understand how to best incorporate global trends into your own investment strategy, connect with your UBS Financial Advisor or find one.