Diageo included in 2020 Bloomberg Gender-Equality Index
Feature 21 JAN 2020
Diageo today announced that it is one of 325 companies across 50 industries included in the 2020 Bloomberg Gender-Equality Index (GEI). The GEI expanded in 2020 to represent 42 countries and regions, including firms headquartered in the Czech Republic, New Zealand, Norway, Philippines, Poland, and Russia for the first time. Companies range from a variety of industries, including automotive, banking, consumer services, engineering and construction, and retail.
The GEI tracks the financial performance of public companies committed to supporting gender equality through policy development, representation, and transparency. The reference index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. This year, Bloomberg expanded the eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions.
“We have long believed that the best performing businesses prioritise gender equality. It is an honour to be recognized in the Bloomberg Gender Equality Index for the third time for our work to champion inclusion and diversity across the business.”Mairéad Nayager
Chief HR Officer at Diageo
“The 325 companies included in the 2020 GEI have shown their commitment to transparency and demonstrated leadership in gender-related data reporting. Disclosure of company statistics and practices is an important first step in supporting gender equality globally.”Peter T. Grauer
Chairman of Bloomberg
The 2019 GEI included 230 companies headquartered across 36 countries and regions. Diageo was also included in the 2018 and 2019 GEI.
Through disclosure of gender-related metrics using the GEI framework, the firms included in the 2020 GEI have provided a comprehensive look at their investment in workplace gender equality and the communities in which they operate. Diageo was included in this year’s index for scoring at or above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework’s five pillars.
Over the past twelve months, Diageo has also been recognised as the top company globally for gender equality by Equileap and as the second most diverse and inclusive workplace in the Refinitiv Diversity & Inclusion Index (previously the Thomson Reuters Diversity & Inclusion Index).
Diageo also rolled out an ambitious global parental leave policy which offers female employees in all markets a minimum of 26 weeks of fully paid maternity leave. Diageo has also set a global minimum standard of four weeks paternity leave on full rate of pay in all markets, with a significant number of Diageo’s businesses moving to 26 weeks fully paid paternity leave.