On January 23, 2017 Bloomberg announced the 2017 Financial Services Gender-Equality Index (BFGEI). In the byline, Bloomberg notes that the Index doubled in size in its first year of existence and now recognizes 52 firms across the Americas, APAC and EMEA.
The 2017 BFGEI recognizes firms headquartered in 17 countries, expanding to Australia, Brazil, India, Japan, Hong Kong, Malaysia, Mexico, Sweden and Turkey.
“Companies are increasingly focused on managing operational risks, including the attraction and retention of employees,” said Angela Sun, Head of Strategy and Corporate Development at Bloomberg. “As 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.”
You may read the press release on the Bloomberg internet site.