The Bloomberg Gender-Equality Index (GEI) is an international standardized reporting and disclosure method to allow companies to publicly illustrate their commitment to equality and advancing women in the workplace. The Bloomberg Terminal is the only place where investors can access comprehensive and comparable information about gender equality at publicly funded businesses.
Bloomberg’s Gender Reporting Framework is provided to companies at no cost to allow them to promote gender equality across different areas. In 2019, 230 companies were included in the Index, including Scotiabank, Sodexo, and Unilever. Bloomberg’s 2020 Gender Reporting Framework is outlined below:
Section 1: Female leadership & talent pipeline: Measures the company’s commitment to attracting, retaining, and developing women into senior leadership positions.
Section 2: Equal pay & gender pay parity: Addresses how a company is closing the gender pay gap through transparent and effective action plans.
Section 3: Inclusive culture: Evaluates the policies, benefits, and programs that contribute to an inclusive work environment where all employees are valued and have equal opportunities.
Section 4: Pro-women brand: Gauges how a company is perceived by stakeholders considering factors such as supply chain and how women are portrayed in advertising.
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