For the third consecutive year, Pax World Funds has filed a shareholder proposal asking Oracle to identify whether a gender pay gap exists among its employees and, if so, what steps the company is taking to reduce it.
Gender lens investing is gaining momentum – and for good reason. Research shows that integrating a gender lens into investment decisions can yield positive financial returns and help close the gender gap.
Transparency can help eliminate gender pay gaps. That’s why Pax urges companies to disclose policies and processes in place to manage pay equity, the results of their pay analyses and strategies to close any identified pay gaps.