New Calvert report on gender-inclusive investment strategies
Once a borrower exceeds 33% WLP [Women in Leadership Positions], we observe a more significant increase in financial performance. This benefit to performance tapers off around 70% WLP. All women teams are not necessarily better than all male teams—it’s diversity that matters.
The report goes on to show how WLP rates impact positively on returns on sales, assets and equity for a business, and provides practical guidance to address why this evidence has not translated into widespread action by impact investors.
Download the full report (pdf, 2mb)
Gender equity is mission-critical for SF, given the relevance to both business growth and development impact.
We continue to promote women’s equity and advancement within our own business and those of our portfolio enterprises, as well as through our network of impact investors, development finance institutions, family offices, foundations and commercial funders.

Calvert are also supported by the UK Government and USAID.
Latest news and updates
From flame to plug: what India’s micro-food vendors tell us about the commercial future of clean cooking
New research shows how electric cooking is improving productivity, incomes, and working conditions for micro-food vendors across India.
18th March 2026
What gender-responsive financing can unlock for women entrepreneurs
A Gender Results-Based Financing pilot shows how targeted incentives can unlock income growth, resilience, and opportunity for women entrepreneurs.
08th March 2026