Английская Википедия:Geeta Aiyer

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Geeta Aiyer is an Indian entrepreneur, business leader, and social activist, best known as founder and president of Boston Common Asset Management, a sustainable investment firm.

Early life and education

Aiyer was born in Chennai, India in 1958.[1]

Aiyer moved to America in 1983 to attend Harvard Business School.[2] She was the second Indian woman to attend to attend the school and graduated with an MBA in finance in 1985.[3] Aiyer also has a BA with honors as well as an MA degree from Delhi University, India.[4]

Career

After graduating from Harvard, Aiyer started with Cambridge Associates as a consultant. She also founded the company East India Spice, her first entrepreneurial venture.[2]

In 1988, Aiyer became an analyst and portfolio manager at the United States Trust Company of Boston. She advised executives of the Albertsons supermarket chain after they had lost a $108 million lawsuit over denying female employees advancement opportunities. Aiyer "demonstrated to Albertsons that unfair employment practices were a financial liability", resulting in the company making a commitment to gender equity moving forward.[5]

In 1994, Aiyer founded Walden Capital Management, using the revenues made from running her first company. Aiyer cites pursuing "dual goals of financial return and social change on behalf her clients" as a driving principal behind establishing a firm focused on responsible investment.[1][6]

From 1998 to 2002, Aiyer was president of Walden Asset Management.[1]

In 2003, Aiyer founded Boston Common Asset Management as an employee-owned sustainable investment firm.[7] Aiyer has served as its president since 2003, overseeing $5 billion in assets under management. Boston Common is known for practicing ethical investing, making investments in line with environmental, social, and corporate governance (ESG) goals.[2][8]

Boston Common joined a group of other impact investors to pressure the Washington Redskins to change the name of their football team due to racial concerns over their name, a campaign that ran over the course of 12 years. The team complied in 2020 after the police killing of George Floyd. Aiyer remarked: "There comes a tipping point when, after a company has been fighting you, they suddenly let go because it becomes obvious to them that it’s not worth continuing the fight."[1][5]

Activism

Aiyer founded the nonprofit organization Direct Action for Women Now (DAWN), which advocates for victims of gender based violence in India.[3][4]

Awards and honors

  • In 2010, Aiyer was awarded the Highest Leaf Award by the Women's Venture Fund[4]
  • In 2014, India New England named her Woman of the Year[3]
  • In 2020, Aiyer was inducted into YW Boston's Academy of Women Achievers, honoring her dedication to "eliminating racism and empowering women"[9]
  • In 2021, Aiyer was named to the Boston Business Journal's 2021 Power 50: The Movement Makers for being a "pioneer in impact investing"[10]
  • In 2023, Aiyer was included by Time into the first TIME100 Climate list, recognizing the 100 most innovative leaders driving business climate action[8]

References

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