Investors push companies to make business case on abortion - Roll Call

“Companies really are not yet thinking about the implications upon their employees and themselves of a post-Roe environment, and that’s why we prepared the business case,” she added.

Ensuring access to services

The letter organized by Rhia Ventures amasses almost six times more capital than a previous investor sign-on letter from Trillium Asset Management on reproductive health that didn’t address abortion by name. New York City Comptroller Scott Stringer, who oversees the city’s $215.5 billion public pension funds, is among the signatories of the Rhia Ventures-led letter.

Trillium, a manager of $2.5 billion in assets that incorporates environmental, social and governance (ESG) issues into investments, focused on access to contraception in its initial efforts related to reproductive health care in 2015, Shareholder Advocate Allan Pearce said in an interview. That was under a different White House, he noted, and priorities shifted in 2017 when Trump became president.

At the center of the investor campaign is an argument that ensuring employees have access to reproductive health services, including contraception and abortion, and receive parental benefits gives companies a competitive edge in recruiting talent, enhances diversity and inclusion efforts, and prevents obstacles that could decrease worker performance or career trajectory.

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February 12, 2020 at 09:01PM
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Investors push companies to make business case on abortion - Roll Call
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