Bloomberg expands eligibility for 2020 Gender-Equality Index to include nearly 6,000 companies across 84 countries

Bloomberg

Bloomberg has expanded its eligibility for the 2020 Gender-Equality Index to include nearly 6,000 companies, across 84 countries.

The submission period for the 2020 Bloomberg Gender-Equality Index (GEI) opened today to more public companies around the world than ever before.

Now in its third year, the GEI recognises companies that are committed to transparency in gender reporting and offer best-in-class policies and practices in support of women in the workforce. Nearly 6,000 companies in 84 countries will have the opportunity to disclose their data using Bloomberg’s gender reporting framework.

Speaking about the announcement, Kiersten Barnet, Global Head of the Bloomberg Gender-Equality Index, said, “The fight for gender equality in the workplace is a global issue, and over the years the GEI has shown that regardless of cultural or regional background, women across geographies are facing similar barriers to professional advancement.”

“The expanded global nature of the Index will allow us to better understand how different countries and regions are tackling this critical issue and elevate best practices for their peers.”

For the first time, the Index will be open to companies headquartered in an additional 33 countries, including Kuwait, Nigeria, Saudi Arabia, UAE, Ukraine and Vietnam.

The GEI’s standardised 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. Last year’s Index included 230 companies headquartered across 36 countries and regions. The underlying gender data from these firms is available on the Bloomberg Terminal.

The deadline for data submission is 15 August 2019. Submitting data for 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.

Alison Simpson
About the author

Alison is the Digital Content Editor for WeAreTheCity. She has a BA Honours degree in Journalism and History from the University of Portsmouth. She has previously worked in the marketing sector and in a copywriting role. Alison’s other passions and hobbies include writing, blogging and travelling.

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