Tara Health is proud to have its work and the work of its grantees and investments featured in the media. See press coverage of our work and the work of our partners below. And, stay current with direct updates from Tara Health here.
Press Release: Gender Lens Investing Tool Adds Sustainability Report Card, Grading Funds on Climate, Deforestation, and Weapons, As You Sow, 10/30/2019. As You Sow, a leading non-profit promoting sustainable investing, announces that its Gender Equality Funds investing tool has been upgraded with a first-of-its-kind sustainability report card, grading investments on six environmental and social issues including gender equality, fossil fuels, deforestation, and weapons. The updated search tool helps investors find mutual funds and ETFs that match their values, and have financial returns that beat the market. Read the full press release here.
A Spectrum of Solutions: How Impact Investors Are Funding the SDGs, NextBillion, 2019. Last month, Toniic – an action-oriented community for deeper impact investing – released a report showing how impact investors are fueling solutions to the global challenges framed by the United Nation’s 17 Sustainable Development Goals (SDGs). The report, T100 Focus: The Frontier of SDG Investing, unearths data from 76 Toniic member portfolios, totaling $2.8 billion in committed capital. Ruth Shaber of Tara Health is quoted in the article: “You can’t solve all the problems with the same type of money….Being able to bring a spectrum of capital with different impact and financial return expectations is going to bust things wide open.”
Fighting back against extreme abortion bans, Women’s Media Center, 2019. Faced with a surge of abortion bans this year, providers and advocates are working to continue to provide care and fight for abortion rights and access. As part of the Don’t Ban Equality campaign, 187 CEOs and business leaders signed onto a full-page ad in The New York Times denouncing the abortion bans. “Never before had leaders from major companies, including publicly traded, privately held, and B corps, spoken out on the importance of reproductive health care,” said Jen Stark of Tara Health. “The corporate community can play an instrumental role in advancing social progress … to lead when government cannot or will not.”
Tackling Sexual Harassment in 900 Workplaces, Medium, 2019. Launched in September, the Force The Issue project is a joint effort between the Grab Your Wallet Alliance, LedBetter, and the RISE Community (Return on Investment & Social Equity). Supported by Tara Health, the project’s goal is to get companies to end the harmful practice of requiring arbitration for sexual harassment claims. Learn more at forcetheissue.org and watch this short video.
Over 180 CEOs Speak Out On Abortion: ‘Don’t Ban Equality,’ Forbes, 2019. Leaders from more than 180 companies including our partners – Planned Parenthood Federation of America, NARAL Pro-Choice America, the Center for Reproductive Rights, and the ACLU – have taken a stand against restrictive reproductive health laws that can severely impact the lives of workers and their families. They’re urging fellow CEOs to follow suit. Visit the Don’t Ban Equality website here.
Gender-Lens Investing Strategies for 2019, Stanford Social Innovation Review, 2019. This article outlines four strategies that can help fuel the momentum behind investing in organizations, products, and services that benefit women. Tara Health’s Ruth Shaber is highlighted and how she “embodies the ‘go for it’ approach to gender-lens investing that more impact investors should embrace. Shaber is not just dipping her toe in the water; since she founded the Tara Health Foundation in 2014, she has committed 100 percent of its portfolio to identifying and supporting solutions for women’s health. The foundation actively seeks out opportunities to provide healthcare and reproductive care for women in the United States and abroad. Among its investments is Cadence Health, a startup that aims to make low-cost birth control pills available over the counter.”
Dear AT&T, Boeing, Pfizer, Comcast, Walmart, Etc: Stop Funding Abortion Attackers, Forbes, 2019. Watchdog group Equity Forward’s new report and open letter to CEOs calls on large corporations to stop funding legislators that have supported restrictive abortion legislation in a number of U.S. states. The report calls on these companies to pull this funding and instead make comparable donations to organizations supporting access to reproductive healthcare to support their workforce. Read more about Equity Forward’s Defund The Bans campaign.
L’Oreal’s First Female President, Segment on national public radio show: Marketplace, 2019. Tara Health Fellow Iris Kuo appears on American Public Media’s Marketplace radio show to discuss her company LedBetter’s analysis of women in leadership at major beauty and personal care brands. Segment begins at minute nine.
Impact Investing’: Good For The Planet, Good For Profit, WBUR, Boston Public Radio, 2019. Tara Health Foundation is featured in this discussion of foundations and their approaches to achieve social good with all of their investments.
A Doctor’s Scientific Approach to a Grant Maker’s Investment, The Chronicle of Philanthropy, 2019. In this piece, Tara Health Foundation founder and president Dr. Ruth Shaber discusses 100% mission alignment and how the foundation uses all of the tools that it has – investments, grants, and hands-on support – to drive social change.
GM, Bank of America and Johnson & Johnson earn top scores in new study of corporate gender equality, CNBC, 2019. You can’t fix what you don’t measure – so the saying goes – and a new study by Tara Health grantee Equileap crunches the numbers on gender equality at America’s biggest companies.
4 signs a company is a good employer for women, CNN, 2019. Tara Health research investment grant recipient Wharton Social Impact Initiative shares how they reviewed hundreds of academic studies to identify the markers that distinguish the best employers for women. “Here’s what we learned: To determine if a company is really a good employer for women, take a hard look at the representation, pay, health and satisfaction of the women who work there. Companies that get these four fundamentals right are not just trying to be good employers for women, they’re succeeding. And they are not just good employers for women, they’re good employers for men, too.”
These are the four factors that make a company a great place for women, Fast Company, 2018. Tara Health research investment grant recipient Wharton Social Impact Initiative’s Four for Women report finds that just because companies that have women on the board and/or in the C-suite, it doesn’t necessarily mean that they are great places for women to work. “Some studies found no correlation between women in leadership and their ability to foster an environment that develops and promotes women in lower positions.”
New Report Identifies Four Factors Women Look For In The Workplace. Forbes, 2018. “It seems that for many employers in recent years, the million dollar question has become: How do you attract and retain women? Perhaps the answer to that question can be found by asking a different question: What does it mean to be a good employer to women?” This study, created by researchers at the Wharton Social Impact Initiative, was funded with an investment research grant from Tara Health.
How To Overcome The Gender Pioneer Gap, Forbes, 2018. Tara Health grantees Suzanne Biegel and the Wharton Social Impact Initiative are featured in a piece about gender lens investing. “Women Effect helps investors see gender in their portfolios as a way to maximize financial and social returns. Suzanne also serves as an adviser to the SPRING accelerator. Women’s growing wealth and this year’s #MeToo movement are also contributing to rising interest in impact investing with a gender lens.”
California Bill Would Mandate On-Campus Access To Abortion Pills, NPR, 2018. “As for funding the abortion services, SB 320 doesn’t specify the use of any state or university money. A private consortium that includes the Women’s Foundation of California, Tara Health Foundation and a private donor has agreed to pay for implementation. The estimated cost is about $14 million, says Dr. Ruth Shaber, president of Tara Health Foundation.”
This tool is an easy way to check if your investments support gender equality, Quartz, 2018. Tara Health grantee As You Sow debuts a new online tool for screening gender equality in mutual funds. “A growing wave of investors want to put their money where their morals are. And in the so-called ‘Year of the Woman’ – christened as such because of the impact of the #MeToo movement and record gains by female candidates in the US midterm elections – there are more opportunities to use finance as a tool to promote gender equality.”
Some high-profile gender equality funds get low scores…for gender equality. Impact Alpha, 2018. “The shareholder advocacy group As You Sow released the free tool, Gender Equality Funds, to help individual and institutional investors apply a gender lens to the often-opaque funds that are the mainstays of most retirement and other accounts.” This project was created with the support of the Tara Health Foundation.
How One Foundation Is Flipping the Paradigm on Social Change, Knowledge@Wharton, 2017. The practice of choosing investments that take gender into account, specifically those that address women’s issues and promote female leadership, is gaining ground. One philanthropist making a difference in this arena – which has become known as gender lens investing – is Ruth Shaber. A devoted physician and disciplined researcher, Shaber is the founder of Tara Health Foundation, which aims to improve the health and well-being of women and girls through the creative use of philanthropic capital. She recently spoke to Sherryl Kuhlman, managing director of the Wharton Social Impact Initiative, about how her organization is doing things differently in the philanthropy space.
Aligning Public Equity with Social Impact: The XX Factor, The Philanthropy Workshop, 2017. “As I gained experience with private investment deals, I could also clearly see the social impact of the companies in which I was investing,” said Tara Health founder and president Ruth Shaber. “However, when selecting a public equity portfolio, I found it very difficult to know if my investment decisions were creating a social impact.”
Impact Investing: Profile on Ruth Shaber and the Tara Health Foundation, Bank of America Annual Report, 2017. This report highlighted the work of Tara Health Foundation founder and president Dr. Ruth Shaber in impact investing. “When Dr. Ruth Shaber started her career as an obstetrician and gynecologist in San Francisco, impact investing was virtually unknown. Today, it’s hard to imagine an investment conversation that doesn’t begin and end with how to use capital to drive both social and financial return.”