Podcast Episode 12
#012: Valuing Expertise
It’s no secret that the finance sector tends to undervalue and even demean non-financial expertise, in particular expertise on gender equality, social justice issues, and local context. This failure to embrace the value of diverse expertise reinforces biases in financial decision-making and has a direct impact on the outcomes of investments. This leads to overlooked opportunities, unseen and therefore unmitigated risks, and a wide range of unintended consequences.
In this episode, Joy begins with a first-hand experience with this bias against gender expertise. She then interviews a very special guest, Dorothy Nyambi, CEO of Mennonite Economic Development Associates, about the value she brings to her role as an investor. Finally, she discusses Criterion’s approach to building bridges into the world of finance so that we can expand who sees themselves has having the power – and the extraordinarily valuable expertise – to truly change the financial system as we know it.
Episode Segments
Relevant Links:
The Blueprints demonstrate how a variety of social change organizations can design strategies that use systems of finance as tools to create positive social change.
These roadmaps lay out insights for how finance can be used to address gender-based violence in a range of sectors, asset classes, geographies, and investor types.
The TOOLKIT is designed to support your journey as you explore how finance can be used as a tool to create social change.
1K Churches was launched in 2012 to galvanize a movement in the faith-based community and engage US churches to invest in the local economy.
These gender-based violence due diligence tools analyze existing due diligence categories – including political, regulatory, operational, and reputational risks – and show how they can be affected by gender-based violence.
Gender-based violence is ubiquitous. More than 1 in 3 women worldwide experiences physical or sexual violence, and millions of men, boys, and gender-diverse individuals are affected by physical, sexual, and emotional abuse daily.