2018 Bloomberg Gender-Equality Index
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2018 Bloomberg Gender-Equality Index
“We are encouraged by the
significant expansion of this
year’s index, and by the leadership
each of our member firms has
demonstrated. Their commitments
to building diverse and inclusive
work environments are setting
new standards around the globe
and raising awareness around
the challenges all of our
organizations face.”
Peter T. Grauer
Chairman of Bloomberg
and Founding Chairman
of the U.S. 30% Club
2
Message from
Michael R. Bloomberg
At Bloomberg, we arm investors with industry-leading market data and analysis. Doing that requires
us to continually identify – and bring clarity to – opaque areas of the market, including environmental,
social, and governance (ESG) information.
Investors increasingly turn to these areas to evaluate reputation, value, and performance. For some
time, we have worked to capture this type of data for the benefit of our clients and the marketplace,
and we are always looking for better ways to do that.
One area that has been especially lacking in transparency is gender equality. Evidence continues
to show that gender-equality policies and practices can benefit a company’s productivity, decision
making, ability to attract and retain talent, and its financial performance. Yet there is a lack of available
data that organizations and investors can draw upon to assess the gender-equality performance.
We set out to change that when we launched the Bloomberg Financial Services Gender-Equality Index
(BFGEI). The Index is a first-of-its-kind performance barometer for the industry. Rather than relying
exclusively on limited public data, we ask companies directly about the policies and practices they are
undertaking and the goals they are setting and achieving. The data they provide helps investors make
smart decisions.
Of course, the challenges related to achieving gender equality are not unique to the financial services
industry. To broaden our reach, in 2018 we launched a Gender-Equality Index to provide firms across
industries and the globe an opportunity to disclose and showcase their efforts in working toward
gender equality. Today, the GEI is comprised of over 100 firms headquartered in 24 countries and
regions that have demonstrated their commitment to both transparency and workplace equality. The
Index provides investors with comparative information on gender equality at a time when increasing
attention is paid to the business impact of such policies and practices.
Sincerely,
Michael R. Bloomberg
3
About the index
Bloomberg Gender-Equality Index (GEI)
Overview
The Bloomberg Gender-Equality Index (GEI) is a Bloomberg-
created reference index that measures gender equality.
The index considers internal company statistics, employee
policies, external community support and engagement, and
gender-conscious product offerings. Bloomberg designed
the Bloomberg GEI to reward firms for disclosure as well as
to showcase firms that have made strong commitments to
gender equality.
In 2016, Bloomberg launched the Bloomberg Financial
Services Gender-Equality Index (BFGEI). In response
to demand from investors, companies and other
stakeholders, the new GEI is sector-neutral. Bloomberg
will continue to refresh and rebalance the BFGEI
in addition to the new sector-neutral GEI on
an annual basis.
Purpose
Investors and companies increasingly rely on environmental,
social, governance and other information to evaluate
reputation, value and performance. The Bloomberg GEI
arms managers and investors alike with more comparative
information across the gender-equality space.
The index encourages disclosure and provides greater
market transparency, as well as raises awareness of gender-
related issues. To help us and our clients understand the
most pertinent social and governance challenges facing
companies, Bloomberg solicited and received advice from
multiple organizations and experts.
Transparency
Bloomberg is dedicated to increasing data
transparency and seeks to showcase additional
environmental, social and governance (ESG) data
as a means of promoting awareness, particularly
where the data relates to gender equality.
Special thanks to our third-party advisors
for their valuable insights and guidance.
Brand Guidelines
4
Methodology
The Bloomberg GEI comprises a global universe
of companies from all sectors that are included in
the Bloomberg ESG coverage universe with a market
capitalization of USD 1B or greater and that have at least
one security trading on a U.S. exchange. Companies
that earn a Bloomberg Gender-Equality Index score at or
above a globally established threshold will be included
as an annual member of the index on a Bloomberg
GEI-score normalized market capitalization basis.
Collaboration
The Bloomberg GEI creates a shared platform for
executives, investors, shareholders, policy makers
and others to identify and discuss social challenges
and to measure the business impact of gender-equal
policies and practices.
Bloomberg
Bloomberg, the global business and financial
information and news leader, gives influential decision
makers a critical edge by connecting them to a
dynamic network of information, people and ideas.
The company’s strength — delivering data, news and
analytics through innovative technology, quickly
and accurately — is at the core of the Bloomberg
Terminal®. Bloomberg’s enterprise solutions build on
the company’s core strength: leveraging technology
to allow customers to access, integrate, distribute and
manage data and information across organizations more
efficiently and effectively. For more information, visit
Bloomberg.com/company.
5
2018 GEI Members
The 2018 Bloomberg Gender-Equality Index
is comprised of 104 companies across all sectors.
Accenture CVS Health
AIA Group Daiwa Securities
Allianz DaVita
American Express DBS
AMN Healthcare Services Deutsche Post
Annaly Capital Management Deutsche Telekom
ANZ Diageo
AT&T Dominion Energy
AU Optronics Dr. Reddy’s Laboratories
AXA DuPont
Banco Santander Estée Lauder
Banco Santander Chile Euronav
Bank of America Fifth Third Bank
Bank of Montreal First Data
Bank of Queensland First Horizon
Barclays Fortescue Metals Group
BB Seguridade Participações Franklin Resources
BBVA Gap Inc.
BNP Paribas Bank GoDaddy
BNY Mellon Grupo Financiero Banorte
CA Technologies The Hartford
CIBC Iberdrola
Citigroup ING
City Developments Limited Ingredion
Clorox Intesa Sanpaolo
Core Laboratories Itaú Unibanco
6
JPMorgan Chase & Co. Rogers Communications
Kering RBC
Leidos RBS
Lions Gate Entertainment Schneider Electric
L’Oréal Scholastic
Maybank Scotiabank
Mastercard Sodexo
MetLife SSE
Mitsubishi UFJ Financial Standard Chartered
Mizuho Financial STMicroelectronics
Morgan Stanley Sun Life Financial
MS&AD Insurance Swedbank
National Australia Bank Teck Resources
National Bank of Greece Telefónica
Nidec TD Bank
NiSource TransCanada
Nordea Bank Türkiye Garanti Bankası
Northern Trust UBS
NTT DOCOMO Visa
NVIDIA Voya Financial
Old National Bank Walmart de México
PNC Financial Services Group Westpac
Praxair Weyerhaeuser
Prudential Yum!
QBE Insurance Zillow
Recruit Holdings Zurich Insurance
7
How GEI members address gender issues around the globe
The 2018 GEI represents companies headquartered in 24 countries and regions.
74%
of Europe-based
GEI members conduct
compensation reviews
to identify gender-
based variations
80% in pay; 32% disclose
of Americas-based their pay gap statistics
GEI members offer in public filings
elder care support
for employees
caring for family
members
Data compiled by Bloomberg from the Bloomberg Gender-Equality Index Survey
8
84%
of Asia-Pacific-
based GEI members
provide return-to-
work programs
for women; 100%
offer flexible work
schedules
for employees
9Women in GEI member firms
Comprise 46% Hold 26% of senior Have a 26.2%
of the workforce leadership positions representation on
on average and 19% of executive boards, compared
officer roles to an average
of 12.7% in the
ESG universe
of coverage*
Earned 46% Had a 33.5%
of promotions increase in executive
in 2016 level positions from
fiscal year 2014
to 2016*
2018 GEI members
21% 67% 65%
Hire a third-party Evaluate all Are signatories
independent advertising to or members
investigator to evaluate and marketing of organizations
all sexual harassment content for gender advocating for
allegations made biases prior gender equality
by employees to publication
Data compiled by Bloomberg from the Bloomberg Gender-Equality Index Survey
* Data compiled by Bloomberg from public filings
1011
Contact us If you are interested in more information or would like to submit a survey on behalf of your company, please email: GEI@bloomberg.net Media inquiries: vhenze@bloomberg.net bloomberg.com/professional/solution/sustainable-finance/
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