In recent years, funds focused on social impact investments have emerged, betting on start-ups that advance reproductive health and innovation.later Supreme Court decision in June To overturn the constitutional right to abortion, private investors turned their attention to reproductive health care.
Almost immediately after the court’s decision, Alinea, an investment app for young people, is seeing new investment focused on companies that support reproductive health, say Eve Halimi and Anam Lakhani, founders of Alinea. “When this news came out, one of her members of the community created a playlist advocating for abortion rights.” —Like a basket of stock— Halimi told the Dealbook newsletter: “We saw a surge in activity.”
The first playlist, voluntarily created by users, includes companies that take a stand in favor of access to abortion, not women’s health companies, and encourages companies to intervene on the issue. It reflects the voice of public opinion calling for
Users then requested an updated version of the playlist, and the founders adopted the same criteria. About 50 companies, including Levi’s, Apple, Pfizer, and Tesla, that currently stand against overturning Roe v. Wade, or are paying to make abortion services available to their employees. or both.
Data from the platform shows that reproductive rights are looming large over investment decisions. But location and gender matter. A month after the decision, Alinea has about 10,000 female users. Among them:
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About 11% are in Texas, where access to abortion was threatened, and just over half are now investing in companies that support access to abortion.
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About 25% are in New York City, where reproductive rights remain strong, and only about 40% of them invest in companies that support access to abortion.
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More than 30% of new app users cite changing reproductive rights as a reason for their interest in both investment and financial independence.
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No male users have invested in playlists made up of companies that support abortion rights.
Corporate-level reproductive rights are the latest frontier in environmental, social and governance investment frameworks. According to Confluence Philanthropy, a network of investment managers, shareholder activists, etc. Panel discussion on issues in june.expect turmoil power of attorney Because the activist plans to go deep into the corporate arena. While previous efforts have failed, ESG experts certainly tell companies: start preparing.