Bloomberg Launches Financial Services Gender – Equality Index

Bloomberg today announced the launch of the Bloomberg Financial Services Gender-Equality Index (BFGEI), providing investors and organizations with standardized aggregate data across company gender statistics; employee policies; gender-conscious product offerings; and external community support and engagement. “Evidence demonstrates that gender-equality policies and practices can affect a company’s financial performance, productivity and ability to retain top talent,” said Angela Sun, Head of Strategy and Corporate Development at Bloomberg. “While more and more firms are focused on addressing gender equality in the workplace, we’ve lacked a holistic set of data to better understand the issues facing companies, employees and clients. The BFGEI gives investors an important new decision-making tool by providing objective, concrete data around difficult-to-measure areas like policies and products.”