Bloomberg launches Gender Equality Index to provide investors with data on companies’ gender equality policies

Author: Valentina Zarya, Fortune (USA), Published on: 5 May 2016

"Bloomberg's New Gender Equality Index Shows Who's Investing In Women", 3 May 2016

On Tuesday morning, Bloomberg unveiled a new index intended to showcase what the biggest financial players are doing to promote gender equality.

The index, called the Bloomberg Financial Services Gender Equality Index (GEI), includes 26 public companies that are best-in-class in the financial industry in terms of providing opportunities for women...
The index was created to satisfy demand from investors, a growing number of whom are looking to gender equality data to inform investment decisions...

Yet solid information on companies' diversity and women-friendly policies remains hard to come by. The new index aims to fill that gap: The GEI lists 53 data points for each included company, ranging from number of women in the company and on its board, to length of parental leave, to provided child care and adoption services. It will also provide investors with an easy way to compare the performance of these companies with that of the market as a whole...

The index currently includes banking heavyweights such as J.P. Morgan Chase, Bank of America, and Citigroup, as well as major insurance and credit card companies like Metlife and Visa...

Read the full post here

Related companies: Bank of America Bloomberg Citigroup JPMorgan Chase Metlife Visa Group