Bloomberg’s 2020 Gender-Equality Index Expands to Include 325 Public Companies Globally

GEI data reveals female-led companies have more women in other top roles, and that companies are increasingly focusing on attracting – and retaining – female customers

New York, January 21, 2020 – Today Bloomberg announced that 325 companies headquartered across 42 countries and regions are included in the 2020 Bloomberg Gender-Equality Index (GEI), up from the 230 companies across 36 countries and regions in last year’s index. The GEI tracks the financial performance of public companies committed to supporting gender equality through policy development, representation, and transparency.

 

“Year over year, Bloomberg’s gender reporting framework continues to expand the universe of environmental, social and governance (ESG) data available to investors globally by providing more in-depth metrics from a broad range of public companies across 50 industries,” said Peter T. Grauer, Chairman of Bloomberg. “This level of transparency into how companies are tackling gender equality in the workplace and their local communities is fueling financial decision-making around the world, and is supporting the business case for an inclusive corporate environment.”

 

For the first time, firms headquartered in the Czech Republic, New Zealand, Norway, the Philippines, Poland and Russia are reporting gender-related data. Bloomberg expanded the types of metrics included in the GEI framework this year, with companies reporting on information such as the likelihood a woman will remain employed at the firm following parental leave (82%), the availability of on-site lactation rooms (69%), and sponsorship of STEM education programs for women (64%). Firms included in the index have a combined market capitalization of USD12 trillion, up from USD9 trillion last year.

 

“For Santander, publicly disclosing our data through the Bloomberg Gender-Equality Index is an important discipline not only in evaluating our internal practices, but also in helping us understand how we are performing relative to our peers,” said Ana Botín, Executive Chairman of Santander. “Our continued inclusion in the index underscores Santander’s ongoing commitment to providing an inclusive environment for all our employees and also to supporting gender equality in our communities.”

 

Change Begins at the Top

According to the findings from this year’s index, companies led by a female CEO reported having more women in senior management positions than companies with a male CEO. Female-led organizations also had more women in the top 10% of compensation than male-led firms, and more women in revenue-producing roles.

 

Further, the 64% of firms that have a Chief Diversity Officer (CDO) were more likely to have D&I goals included in senior management performance reviews (59% compared to 20% of firms without a CDO). Firms with a CDO were also more likely to require a diverse slate of candidates for management positions (67% compared to 31% of firms without a CDO).

 

Focus on the Female Customer

Not only did the 2020 GEI show that companies are focusing on attracting a gender-diverse customer set, but more are evaluating advertising and marketing materials for gender bias than in previous years. Of the companies included in the index, 78% evaluate their marketing materials for bias, up from 68% last year. Further, nearly half (46%) of the firms measure retention of female customers, and 57% track customer satisfaction by gender where applicable.

 

Companies Reporting Public Targets

For the first time this year, the GEI framework tracked which companies were going public with their goals to close the gender gap. Specifically, 39% of firms in the GEI have public targets to increase female leadership, while 16% have announced public plans on how they plan to close the pay wage gap.

 

“While there is still a long way to go for gender parity in the workplace, public disclosure of gender-related data enables companies to share best practices and further their industry’s approach to diversity and inclusion,” said Lorraine Hariton, President & CEO of Catalyst, a nonprofit that works towards progress for women at work. “The Bloomberg Gender-Equality Index is leading the way in disclosure in this area, helping to drive change from the top down at some of the world’s largest employers.”

 

The GEI measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. The firms included in this year’s index scored at or above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework’s five pillars.

 

The GEI’s standardized reporting framework allows investors to compare how companies around the world are investing in women in the workplace, the supply chain, and the communities in which they operate. Submitting data by using the Bloomberg gender reporting framework is voluntary and has no associated costs. The GEI is a reference index and is not for use as a financial benchmark. The index is not ranked. To learn more please visit the GEI website. Bloomberg subscribers can access the GEI at {BGEI <GO>}.

 

Companies included in the 2020 Bloomberg Gender-Equality Index

 

2U, Inc.

A.P. Møller – Mærsk A/S

Aareal Bank AG

Accenture

ACEA S.p.A.

Adobe

ADP

Advanced Micro Devices, Inc.

ÅF Pöyry

Aflac

Aggreko

AIA Group Limited

Albemarle Corporation

Alcoa Corporation

Algonquin Power & Utilities Corp.

Alliance Data Systems Corporation

Alliant Energy

Allianz

Alpha Bank

alstria office REIT-AG

American Electric Power

American Express

American Water Works Co. Inc.

Ameriprise Financial, Inc.

AMN Healthcare Services, Inc.

Anglo American Platinum Limited

AngloGold Ashanti

Annaly Capital Management, Inc.

Anthem, Inc.

Aroundtown S.A.

Ascential PLC

AstraZeneca

AT&T

AU Optronics

Aurora Cannabis Inc.

Autodesk Inc.

Aviva PLC

Avon Products Inc.

AXA Group

BBVA

Bradesco

Banco Comercial Português, S.A.

Banco Santander

Bank of America

BMO Financial Group

Bank Polska Kasa Opieki S.A.

Bankia S.A.

Barclays

Bayer AG

BB Seguros

Becton Dickinson & Co.

Berkshire Bank

Best Buy Co., Inc.

BNP Paribas

BorgWarner Inc.

Boston Scientific

Box Inc.

Bright Horizons

BURSA MALAYSIA BERHAD

CAE

CaixaBank

Campbell Soup Company

Canadian Imperial Bank of Commerce

Capital One Financial Corporation

Cargotec Corporation

CBRE

Centene Corporation

Challenger Limited

China Life Insurance Co., Ltd.

Chipotle Mexican Grill

Cie de Saint-Gobain

Citigroup, Inc.

City Developments Limited

The Coca-Cola Company

Coca-Cola FEMSA

Commercial International Bank, Egypt (CIB)

Commonwealth Bank of Australia

Core Laboratories

Credit Suisse

Daiwa House Industry Co. Ltd.

Danone

Danske Bank A/S

DBS Ltd.

Deutsche Börse AG

Deutsche Post DHL Group

Deutsche Telekom AG

Diageo PLC

DKSH

Dr Reddy’s Laboratories

DuPont

Ecolab Inc.

EDPR

Elisa

Enagás S.A.

Enbridge

Endesa S.A.

Enel S.p.A.

EQUINOR ASA

Erste Group Bank AG

Estée Lauder Companies

Etsy

EURONAV NV

Eversource Energy

Evertec

Exxaro Resources Ltd.

FERROVIAL

Fifth Third Bancorp

First Data (now part of Fiserv, Inc.)

First Horizon National Corp.

First Pacific Company Ltd.

FirstEnergy Corporation

Fisher & Paykel Healthcare Corporation Limited

Ford Motor Company

Franklin Templeton

Galapagos

Galp Energia SGPS S.A.

Gap Inc.

General Motors

Gold Fields

Goldman Sachs

Grand City Properties S.A.

Grupo Financiero Banorte

Grupo Televisa, S.A.B.

Harmony Gold Mining Company Limited

The Hartford

Healthpeak Properties Inc.

Hellenic Telecommunications Organization

Hera S.p.A.

Hess Corporation

Hewlett Packard Enterprise

Hong Kong Exchanges and Clearing Limited

Horace Mann

HSBC Holdings PLC

Humana Inc.

IAMGOLD Corporation

Iberdrola

Illumina, Inc.

Impala Platinum Holdings Limited

Incitec Pivot Limited

Indra

INDITEX

ING

Ingredion Inc.

Intel Corporation

International Game Technology PLC

The Interpublic Group

Intesa Sanpaolo

Intuit

ICL – Israel Chemicals Ltd.

Itaú Unibanco Holding S.A.

Janus Henderson Group PLC

Jones Lang LaSalle

JPMorgan Chase & Co.

Jyske Bank Group

Kao Corporation

KASIKORNBANK PUBLIC COMPANY LIMITED

KB Financial Group

Kering

KeyCorp

Kilroy Realty Corporation

Kinaxis

Kumba Iron Ore

L3Harris Technologies Inc.

Legal & General Group PLC

LendingClub

Lenovo

Lions Gate Entertainment

Lloyds Banking Group

L’Oréal

lululemon athletica Inc.

Lundin Petroleum

Malayan Banking Berhad

Manulife Financial Corporation

Marriott International

Marsh & McLennan Companies

Mastercard

Maxim Integrated Products, Inc.

Mediobanca

Merck and Co., Inc.

MetLife, Inc.

MFA Financial, Inc.

Mitsubishi UFJ Financial Group, Inc.

Mizuho Financial Group, Inc.

MONETA Money Bank, a.s.

Moody’s Corporation

Morgan Stanley

Morningstar, Inc.

MS&AD Insurance Group Holdings, Inc.

National Australia Bank

National Bank of Canada

National Bank of Greece

Natixis S.A.

Nestlé S.A.

NetEase, Inc.

Newmont Goldcorp Corporation

NEXITY

NH Hotel Group

nib holdings limited

Nielsen

Nine Entertainment Co. Holdings Ltd.

NiSource Inc.

NN Group

Nokia

Nomura Holdings, Inc.

Nordea Bank Abp

Northern Trust Corp.

Norwegian Finans Holding ASA

Novartis

NTT DOCOMO, Inc.

Nuance Communications, Inc.

NVIDIA

Odontoprev S.A.

Old National Bank

Omega Healthcare Investors, Inc.

ON Semiconductor

Pampa Energía

Pan Pacific International Holdings Corp.

Parex Resources Inc.

PayPal

Pearson

Pennon Group

Pitney Bowes Inc.

The PNC Financial Services Group

Portland General Electric

Poste Italiane

Praxair, Inc.

Precinct Properties NZ Limited

Primerica, Inc.

Procter & Gamble

Publicis Groupe

QBE Insurance Group Limited

Radian Group Inc.

Rapid7

Regional S.A. de CV.

RELX Group

REPSOL

Robert Half International

ROBINSONS LAND CORPORATION

PJSC Rostelecom

RBC Royal Bank

Royal Bank of Scotland Group PLC

RWE AG

S&P Global

Sanderson Farms, Inc.

SAP

Sberbank

Scentre Group

Schneider Electric

Scholastic Corp.

Schroders

Sempra Energy

Seven Generations Energy Ltd.

Severn Trent

Shinhan Financial Group

Shinsei Bank

Sibanye-Stillwater

Siemens Gamesa Renewable Energy, S.A.

Signet Jewelers Ltd.

Singapore Exchange Limited

Singtel

Site Centers

SM Investments Corporation

Snam S.p.A.

SOCIETE GENERALE

SODEXO

Spin Master

SSE PLC

Standard Chartered

Standard Life Aberdeen

Stantec

State Street Corporation

STMicroelectronics

Sumitomo Mitsui Financial Group

Sumitomo Mitsui Trust Holdings

Sun Life

Silicon Valley Bank

Swedbank AB

Swiss Re

Taylor Morrison Home Corporation

TC Energy Corporation

TechMahindra Private Ltd.

Teck Resources Limited

Telefónica Deutschland Holding AG

Telefónica Telia Company

Terna S.p.A.

BNY Mellon

Scotiabank

Tieto

TD Bank

TransAlta Corporation

Türkiye Garanti Bankası A.Ş.

Türkiye Vakıflar Bankası T.A.O.

Uber Technologies Inc.

UBS

UniCredit Group

Unilever

UBI Banca S.p.A.

United Overseas Bank Limited

Unum Group

UPM-Kymmene Oyj

Valero Energy Corporation

Vestas

Visa Inc.

Vodafone Group

Voya Financial

Walmart de México y Centroamérica

Walmart, Inc.

Wells Fargo & Company

Welltower Inc.

WESCO International

Western Union

Westpac Banking Corporation

Weyerhaeuser

Willis Towers Watson

Wipro Ltd.

WPP

Wright Medical Group N.V.

WW International, Inc.

Xero Limited

Yuanta Financial Holding Co., Ltd.

Yum China

Zillow

Zurich Insurance Company Ltd.

Zynga Inc.

 

 

Press Contacts
Veronika Henze

Bloomberg LP

+1-646-324-1596

vhenze@bloomberg.net

 

Liidia Liuksila

Bloomberg LP

+1 212-617-5424

lliuksila@bloomberg.net

 

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