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.
“The Estée Lauder Companies is honored to be included in the Bloomberg Gender-Equality Index for the third consecutive year,” said William P. Lauder, executive chairman. “Our organization’s strength is rooted in the collective diversity of our global workforce, and we are proud to be a part of such an important conversation around transparency, progress and action around gender equality.”
“At The Estée Lauder Companies, we understand that true success—both short-term and long-term—comes from diversity of thought and collaboration amongst our employees. We are focused on ensuring that diversity continues to be embedded in our company values, culture and business strategy,” said Fabrizio Freda, president and CEO.
This year, Bloomberg expanded the eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions. ELC 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.
Without data, gender equality progress is just a guess. The 325 companies included on the 2020 #BloombergGEI are committed to advancing gender equality and promoting greater data transparency. https://t.co/QWKcZsZfLF
— Bloomberg LP (@Bloomberg) January 21, 2020