Inaugural
Impact Report

February 2021

Ellevest Private Wealth Management Inaugural Impact Report

February 2021

At Ellevest, making an impact isn’t just another initiative. It’s our whole mission.

Investing in a better
world for women

Making an impact for women means looking at their real lives — where they work, where they live, how they struggle. The impact investments we choose are designed to drive real, measurable change across these areas.

In this report, you’ll find data and stories about the investments in your impact portfolio — as well as an update on the impact we’re working to create as a company.

Thank you for sharing our mission to get more money in the hands of women.

Sallie KrawCheck
Founder and CEO
IMPACT STARTS WITH US

We’re committed to driving change as a company — from the people we hire to the people who raise money with us.

The Ellevest Team

as of 2/9/2021
Ellevest Staff
75%
Women
46%
People of color overall
14%
Black People
Leadership Team
82%
Women
55%
People of color overall
18%
Black People

Working with mission-aligned investors

The people who invest in Ellevest believe in making an impact, too. They include Venus Williams, Mellody Hobson, and Melinda Gates’ Pivotal Ventures.

as of 2/9/2021

Your impact investments

You’ve chosen investments that align with your values. Below, you’ll find descriptions of each investment’s strategy, with a spotlight on some of the specific impacts they’re making.

The Ellevest Intentional Impact Portfolios

Public equity portfolios built with the recognition that the issues that negatively impact us or our planet tend to impact women and BIPOC people more.

How it works

They look at 13 focus areas in order to divest from companies with poor representation of women, inadequate diversity policies, or whose practices have disproportionately negative impacts on women — while promoting a more racially equitable society.

A strategy for real impact

Percentage of a typical recommended portfolio that gets screened out for

Women's rights

47

%
Racial justice

52

%

Spotlight Areas and
why they matter

spotlight on ...
why it matters

Workplace diversity

Diversity and inclusion policies are critical to achieve workplace gender equality.

Product quality and safety

Products not designed for women impact their safety, while personal data issues enable harassment, voter suppression, and targeting job ads away from Black people.

Human rights and community

Black and Latinx Americans make up 32% of the US population but 56% of prison populations. Women and BIPOC people suffer more from human rights crises. 

Exploitative products

Women and Black people are targeted for tobacco and predatory lending marketing.

Actual carbon savings across all Intentional Impact portfolios

in metric tons as of January 28, 2021
1,648
Carbon in Intentional Impact portfolios
6,972
Comparable non-impact benchmark
Savings: 
5,324
Metric tons
Carbon in Intentional Impact portfolios
Comparable non-impact benchmark
Savings: 
5,324
Metric tons
1,648
6,972
note

Source: Ethic
(Note: We also send you an in-depth summary of all your holdings in the Ellevest Intentional Impact Portfolios and their performance. Please ask your financial advisor if you’d like to see the latest report.)

Access Capital Community Investment Fund I

Builds stronger communities by supporting affordable housing, job creation, healthcare, and infrastructure projects that foster sustainable economic development.

Spotlight Project:

Debt funding for a Section 8-qualified affordable senior apartment complex in Cincinnati, OH, which contains 114 one-bedroom apartments for seniors only — including on-site activity programs, laundry, and parking. The property is on the bus line for an easy commute to the Cincinnati Zoo, shopping and restaurants, and local hospitals. The community is 91% Black, indigenous, and people of color.

Read More +Read Less -

114 apartments for seniors

Affordable Housing
Disclosure

114 apartments for seniors

Pax Ellevate Global Women’s Leadership Fund

Invests in the highest-rated companies in the world for advancing women’s leadership. Engages with companies to push for gender-diverse leadership, pay equity assessments, and a commitment to closing any gender and racial pay gaps that may exist.

Spotlight Project:

One company in the fund is Discover Financial Services, a credit card issuer and electronic payment services company with more than 18,000 employees. After a productive dialogue with the fund’s manager, Discover issued a corporate responsibility report articulating its commitment to pay equity. It now partners with an independent third-party consultant on an annual pay equity analysis that includes race and gender. In 2019, Discover published its finding that women and underrepresented groups at the company earn on average between $0.99 and $1.02 for every $1 earned by men and non-minorities.

Read More +Read Less -

33% of the board and 30% of leadership are women

Women Leaders
Pay Equity
Disclosure

33% of the board and 30% of leadership are women

Every dollar you invest has an impact.
Do you know yours?

Every dollar you invest has an impact.
Thank you for investing toward a better world

Let's connect

Ellevest’s Private Wealth Management team is here to help you reach your financial goals.

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Disclaimer

The information contained herein (the “Information”) is being provided to you by Ellevest, Inc. (“Ellevest”), an SEC registered investment adviser. Registration with the SEC does not imply a certain level of skill or training.  The Information is intended solely for the recipient for whom it was prepared and should not be copied, duplicated or distributed to third parties. 

The Information was obtained from third-party sources, which Ellevest believes to be reliable, but is not guaranteed for accuracy or completeness. The Information is current as of the date noted above and Ellevest does not undertake any obligation or responsibility to update or amend the Information provided.  

The Information does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product.  The Information also does not take into account the particular investment objectives or financial circumstances of any specific person who may receive it and should not be relied upon as financial or investment advice; before making an investment, recipients are advised to consult with their financial, legal and tax advisers to determine whether an investment such as this is suitable for them.  No representation is being made that any investment will or is likely to achieve profits or losses now or in the future. Additionally, the impact data provided herein is based on unaudited data and reporting provided by unaffiliated third-parties of Ellevest. These statements are not guarantees of future performance, and undue reliance should not be placed on them.