Studies show that women comprise 70% of the world’s poorest people. Around the globe, women and girls bear a disproportionate amount of the consequences of war, violence, poverty, trafficking, and oppression. PIMCO seeks to be part of the solution to gender inequality issues.
We are pursuing gender equality as a focus area in the context of our diversity initiative as well as via our PIMCO Foundation.
Inside PIMCO, our PIMCO Women initiative seeks to attract, retain, develop and engage women at the firm. The PIMCO Foundation and PIMCO Women have also been partnering closely to improve gender equality in our communities. Efforts including mentoring Girls Inc. students, working alongside Women Moving Millions to promote gender lens investing, facilitating a “Women on Boards” Placement Program, a “Get on Board” nonprofit board training and matching program, engaging around International Day of the Girl and International Women’s Day, and creating opportunities around global and domestic pro bono volunteer efforts related to women’s empowerment.
Most recently, the PIMCO Foundation launched WomenForward, a coalition that includes 12 nonprofit partners working to empower girls and women globally through inspired investment, amplified voices, and collective action.
In 2016 and 2017, PIMCO was recognized as one of the most community-minded companies in the nation as part of the Civic 50, an initiative of Points of Light that sets the standard for corporate civic engagement.
Innovation requires an exchange of ideas that raises awareness of different perspectives. In the spirit of aligning our broader culture with our long-standing investment process, we should recognize that an active dialogue that engages diverse views enables us to not only optimize portfolios, but also our teams. Creating an inclusive, cognitively diverse environment will enable us to be a better service provider to our clients and better colleagues to each other.