What is Bloomberg General Equality Index

The Bloomberg Gender Equality Index (GEI) is a globally recognized benchmark that tracks the performance of companies committed to promoting gender equality and advancing women's rights. It measures various aspects of gender equality, including workforce composition, leadership and governance, equal pay and gender pay gap disclosure, inclusive company policies, and support for women in the workplace. The index enables investors, stakeholders, and the public to assess companies' commitment to gender equality and make informed decisions regarding investments and partnerships. By participating in the GEI, companies demonstrate their dedication to fostering inclusive work environments and advancing gender equality on a global scale.

The Bloomberg Gender Equality Index (GEI) operates through a rigorous and transparent assessment process to evaluate companies' commitment to gender equality. The process include:

1. Eligibility: Companies with a market capitalization of $1 billion or more are eligible to participate in the GEI.

2. Data Disclosure: Participating companies provide data and information on a wide range of gender-related metrics, including gender diversity at various levels of the organization, pay equity, parental leave policies, anti-sexual harassment initiatives, and more.

3. Scoring Criteria: Bloomberg applies a standardized scoring methodology to evaluate the companies' performance across different gender equality indicators. The criteria assess key areas such as company policies, representation, transparency, and accountability.

4. Data Verification: Bloomberg reviews and validates the data provided by the companies to ensure accuracy and reliability.

5. Index Inclusion: Companies that meet the minimum required score based on the evaluation criteria are included in the Bloomberg Gender Equality Index.

6. Annual Review: The GEI is updated on an annual basis, with new companies added and existing companies re-evaluated each year.

7. Public Recognition: Companies included in the GEI receive public recognition for their commitment to gender equality, which can enhance their reputation and attract socially responsible investors.

Through this comprehensive assessment process, the Bloomberg Gender Equality Index promotes transparency, accountability, and continuous improvement in advancing gender equality within companies across various industries.