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    Bloomberg gender equality index

    • February 8, 2023
    • Posted by: OptimizeIAS Team
    • Category: DPN Topics
    No Comments

     

     

    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.
    Bloomberg gender equality index Governance
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