{"id":3605,"date":"2017-01-23T06:02:25","date_gmt":"2017-01-23T11:02:25","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-financial-services-gender-equality-index-reveals-global-progress\/"},"modified":"2019-08-27T09:50:34","modified_gmt":"2019-08-27T13:50:34","slug":"bloomberg-financial-services-gender-equality-index-reveals-global-progress","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-financial-services-gender-equality-index-reveals-global-progress\/","title":{"rendered":"Bloomberg Financial Services Gender-Equality Index Reveals Global Progress"},"content":{"rendered":"<div class='bbg-row bbg-bg--white ' data-anchor='row-6a00a21259840'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8 bbg-column--offset-2'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>Index Doubles in Size,Recognizing 52 Firms Across EMEA, APAC and the Americas<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white ' data-anchor='row-6a00a2125ae6b'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-8 bbg-column--offset-2'>\n\t<div class='bb-wysiwyg'>\n    \n    <p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-35167\" src=\"https:\/\/data.bloomberglp.com\/company\/sites\/2\/2017\/01\/GEI_LOGO_2017-397x397.png\" alt=\"GEI_LOGO_2017\" width=\"397\" height=\"397\" \/><\/p>\n<p>January 23, 2017 \u2013 NEW YORK\/LONDON \u2013 Bloomberg today announced the 2017 Financial Services Gender-Equality Index (BFGEI), providing investors and organizations with unique insight into the statistics, policies, product offerings and external engagement driving 52 firms\u2019 commitment to building gender-equal workplaces. Bloomberg also introduced a Fixed Income Gender-Equality Index, representing investment grade debt issued by the 2017 BFGEI member firms.<\/p>\n<p>\u201cCompanies are increasingly focused on managing operational risks, including the attraction and retention of employees,\u201d said Angela Sun, Head of Strategy and Corporate Development at Bloomberg. \u201cAs investors look for new drivers of risk-aware alpha, the demand for data around gender equality and other social and governance metrics continues to grow. The BFGEI brings greater transparency to the practices and policies crucial to managing those risks and attracting investor capital.\u201d<\/p>\n<p>The 2017 BFGEI recognizes firms headquartered in 17 countries, expanding to Australia, Brazil, India, Japan, Hong Kong, Malaysia, Mexico, Sweden and Turkey. All demonstrated dedication to disclosure and best-in-class social policies and practices, providing Bloomberg with data across areas such as gender-equal compensation, supplier diversity programs, and retention rates of women clients.<\/p>\n<p>Highlights from this year\u2019s index include:<\/p>\n<ul>\n<li>2017 BFGEI member firms have an average of 24.2% female representation on boards.<\/li>\n<li>The percentage of female executives at 2017 BFGEI member firms increased by 25.2% between fiscal year 2014 and 2015.<\/li>\n<li>73% require a gender-diverse slate of candidates for management roles.<\/li>\n<li>83% offer or sponsor financial education programs for women in their communities.<\/li>\n<li>Nine firms track repayment rates by gender.<\/li>\n<li>75% provide return to work programs for women.<\/li>\n<\/ul>\n<p>\u201cWe are encouraged by the significant expansion of this year\u2019s index, and by the leadership each of our member firms has demonstrated,\u201d said Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club. \u201cTheir commitments to building diverse and inclusive work environments are setting new standards around the globe and raising awareness around the challenges all of our organizations face.\u201d<\/p>\n<p>The inaugural <a href=\"https:\/\/www.bloomberg.com\/company\/announcements\/bloomberg-launches-financial-services-gender-equality-index\/\">2016 BFGEI<\/a>, launched in May 2016 and included 26 firms headquartered in seven countries.<\/p>\n<p>Firms interested in participating submitted a social survey created by Bloomberg in partnership with third-party experts, including Women\u2019s World Banking, Catalyst, and Working Mother Media. Those included on this year\u2019s index scored at or above 60 points, a global threshold established by Bloomberg and our partners to reflect disclosure and the achievement or adoption of best-in-class statistics and policies. Both the survey and the BFGEI are voluntary and have no associated costs. Bloomberg collected this data for reference purposes only. The index is not ranked. For more information on the BFGEI and how to submit information for next year\u2019s Index, please visit: <a href=\"https:\/\/www.bloomberg.com\/professional\/sustainable-finance\/\">https:\/\/www.bloomberg.com\/professional\/sustainable-finance\/<\/a><\/p>\n<p>Bloomberg clients can access the BFGEI at {<a>BFGEI Index DES &lt;GO&gt;<\/a>} and the Fixed Income Gender-Equality Index at {<a>BBFGEI Index DES&lt;GO&gt;<\/a>}.<\/p>\n<div>2017 Bloomberg Financial Services Gender-Equality Index Member Firms<br \/>\nAIA Group<\/div>\n<div>Allianz<\/div>\n<div>American Express<\/div>\n<div>Australia &amp; New Zealand Banking<\/div>\n<div>AXA<\/div>\n<div>Banco Santander<\/div>\n<div>Bank of America<\/div>\n<div>Bank of Montreal<\/div>\n<div>Bank of New York Mellon<\/div>\n<div>Bank of Queensland<\/div>\n<div>Barclays<\/div>\n<div>BB Seguridade Participacoes<\/div>\n<div>BNP Paribas<\/div>\n<div>CIBC<\/div>\n<div>Citigroup<\/div>\n<div>Daiwa Securities Group Inc.<\/div>\n<div>Deutsche Bank<\/div>\n<div>Fifth Third Bancorp<\/div>\n<div>First Data<\/div>\n<div>Franklin Resources<\/div>\n<div>Grupo Financiero Banorte SAB de CV<\/div>\n<div>Hang Seng Bank<\/div>\n<div>The Hartford<\/div>\n<div>HDFC Bank<\/div>\n<div>ING Groep<\/div>\n<div>Itau Unibanco Holding<\/div>\n<div>JPMorgan Chase<\/div>\n<div>Malayan Banking<\/div>\n<div>Mastercard<\/div>\n<div>MetLife<\/div>\n<div>Mitsubishi UFJ Financial<\/div>\n<div>Mizuho Financial<\/div>\n<div>Morgan Stanley<\/div>\n<div>MS&amp;AD Insurance<\/div>\n<div>Nordea Bank<\/div>\n<div>Old National Bancorp<\/div>\n<div>Park National<\/div>\n<div>PNC Financial Services<\/div>\n<div>Prudential PLC<\/div>\n<div>QBE Insurance<\/div>\n<div>RBC<\/div>\n<div>Royal Bank of Scotland<\/div>\n<div>Standard Chartered<\/div>\n<div>State Street<\/div>\n<div>Swedbank<\/div>\n<div>Toronto-Dominion Bank<\/div>\n<div>Turkiye Garanti Bankasi<\/div>\n<div>UBS<\/div>\n<div>Visa<\/div>\n<div>Voya Financial<\/div>\n<div>Westpac Banking<\/div>\n<div>\n<p>Zurich Insurance<\/p>\n<p>The following firms outside of the 2017 BFGEI universe criteria are recognized for their commitment to disclosure around gender equality by voluntarily submitting GEI survey data: Banco Popular, Clorox, L\u2019Or\u00e9al<\/p>\n<p><strong>About Bloomberg<\/strong><br \/>\nBloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company\u2019s strength \u2013 delivering data, news and analytics through innovative technology, quickly and accurately \u2013 is at the core of the Bloomberg Professional service. Bloomberg\u2019s enterprise solutions build on the company\u2019s core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit <a href=\"https:\/\/www.bloomberg.com\/\">www.bloomberg.com<\/a> or <a href=\"https:\/\/www.bloomberg.com\/professional\/request-demo\/?utm_source=bbg-pr&amp;bbgsum=dg-ws-core-pr\">request a demo<\/a>.<\/p>\n<\/div>\n<div><\/div>\n<div>Media Contacts<\/div>\n<div>U.S. \u2014 Jill Watanabe, +1-212-617-1610, <a href=\"mailto:agilmore7@bloomberg.net\">jwatanabe11@bloomberg.net<\/a><\/div>\n<div>EMEA \u2014 Natalie Harland, +44-20-35258820, <a href=\"mailto:nharland1@bloomberg.net\">nharland1@bloomberg.net<\/a><\/div>\n<div>APAC \u2014 Jenny Leigh Yeo, +65-64992926, <a href=\"mailto:jyeo58@bloomberg.net\">jyeo58@bloomberg.net<\/a><\/div>\n<div>LATIN AMERICA \u2014 Pam Snook, +1-212-617-7652, <a href=\"mailto:pamsnook@bloomberg.net\">pamsnook@bloomberg.net<\/a><\/div>\n<div><\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The 2017 BFGEI recognizes firms headquartered in 17 countries, expanding to Australia, Brazil, India, Japan, Hong Kong, Malaysia, Mexico, Sweden and Turkey. All demonstrated dedication to disclosure and best-in-class social policies and practices, providing Bloomberg with data across areas such as gender-equal compensation, supplier diversity programs, and retention rates of women clients.<\/p>\n","protected":false},"featured_media":0,"template":"","format":"standard","categories":[86,13,17,16],"press_tag":[79],"class_list":["post-3605","press","type-press","status-publish","format-standard","hentry","category-bloomberg-professional-services","category-inclusion","category-press-announcement","category-sustainability","press_tag-press-announcements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bloomberg Financial Services Gender-Equality Index Reveals Global Progress | Press | Bloomberg LP<\/title>\n<meta name=\"description\" content=\"The 2017 BFGEI recognizes firms headquartered in 17 countries, expanding to Australia, Brazil, India, Japan, Hong Kong, Malaysia, Mexico, Sweden and Turkey. 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