Impact investing has become more than just a passing trend, with millennials being the most interested in investment opportunities that align with their ethical and moral obligatory goals.
Contrary to the historical investing gender gap, women appear to be leading the way in this type of investing.
Morgan Stanley’s recent “Sustainable Signals” survey reports that 84 percent of millennial women prefer investing in social and economic initiatives, compared to 67 percent of men. A relatively new impact investment option, called Opportunity Zones investing, presents women with the ability to make a positive impact with their investments while making a market rate return.
Julia Wilkinson is a principal at Imvest, a multinational consulting company focused on advancing social entrepreneurship and impact investing worldwide. She explained how OZ investing helps local communities and offers her advice for women investors interested in making a positive impact by investing in Opportunity Zones.