Bloomberg gender equality index
- February 8, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Bloomberg gender equality index
Subject : Governance
Section : Important Reports
Concept :
- Bloomberg has selected 484 companies for the 2023 Bloomberg Gender-Equality Index (GEI), from a fray of over 600, as recognition of the progress they have made in promoting gender inclusion and implementing diversity policies.
- Nine Indian companies have made it to this Index.
- The 600-plus participating companies had disclosed their gender-related data through what is called Gender Reporting Framework.
Gender-Equality Index
- The Gender-Equality Index (GEI) is a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting.
- By publicly releasing detailed, consistent and comparable gender-related data, the companies included in the Bloomberg Gender-Equality Index are setting a new standard for data reporting.
- The breadth of GEI member data is made available to the investment community on the Bloomberg Terminal.
- It includes disclosure by more than 600 companies, across developing and developed markets, and with depth that far surpasses the total data points made available by other providers.