{"id":38877,"date":"2023-09-26T16:34:04","date_gmt":"2023-09-26T20:34:04","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=38877"},"modified":"2023-09-28T15:56:59","modified_gmt":"2023-09-28T19:56:59","slug":"framework-helps-investors-and-companies-understand-true-value-of-water-2","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/framework-helps-investors-and-companies-understand-true-value-of-water-2\/","title":{"rendered":"Veris Wealth Publishes New Report on Investing in DEIB"},"content":{"rendered":"
>> Back to October 2023 Issue<\/a><\/div>\n

\"2023<\/a>Veris\u00a0Wealth Partners, an impact-investing wealth management firm, recently released its report on multi-asset-class investing in support of diversity, equity, inclusion and belonging (DEIB): \u201c<\/span>Investing in Diversity, Equity, Inclusion & Belonging: 2023 Report from\u00a0Veris\u00a0Wealth Partners<\/span><\/i><\/a>.\u201d\u00a0Veris\u00a0also detailed an original DEIB framework the firm has developed and implemented for use in its selection of third-party asset managers\u2014and has committed that newly selected managers will rank in one of the tool\u2019s top tiers.<\/span>\u00a0<\/span><\/p>\n

CEO Stephanie Cohn Rupp said, <\/span>\u201cInvestors have a powerful opportunity to help close the wealth gaps in the United States and create a more equitable economy and society by investing in communities that have historically faced exclusion. Wealth management firms, meanwhile, can use DEIB factors in selecting asset-manager partner firms\u2014thereby aligning their clients\u2019 values not only with underlying investments but with the management firms themselves.\u201d<\/span><\/i>\u00a0<\/span><\/p>\n

The report is broken into two parts:\u00a0<\/span><\/h2>\n

Part 1<\/b> – highlights specific investment themes\u2014across a wide range of asset classes\u2014that\u00a0Veris\u00a0has identified as DEIB aligned and investable. These are enabling capital to flow to solutions that\u00a0Veris\u00a0believes are addressing inequality and wealth creation in under-resourced communities. The report includes several case studies highlighting funds that are focused on communities of color in both the public and private markets.<\/span>\u00a0<\/span><\/p>\n

For example, the report highlights wealth disparities between Black and White Americans and points to specific policies that inhibited equitable access to credit and home ownership. It then highlights three investable opportunities that are helping extend access to home ownership and affordable housing to minority borrowers.<\/span><\/p>\n

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