American Express Included in First Sector-Neutral Bloomberg Gender-Equality Index
Membership Doubles As Bloomberg Expands 2018 Gender-Equality Index to All Sectors
Learn More About the Bloomberg Gender-Equality Index
NEW YORK, January 22, 2018 – American Express today announced that it is one of over 100 companies from ten sectors to join the inaugural 2018 Bloomberg Gender-Equality Index (GEI). Launched today, the reference index measures gender equality across internal company statistics, employee policies, external community support and engagement, and gender-conscious product offerings.
The sector-neutral Bloomberg GEI follows the release of the Bloomberg Financial Services Gender-Equality Index (BFGEI), launched in 2016. The 2017 BFGEI included 52 financial firms, headquartered in 17 countries and regions. American Express was also included in the 2016 and 2017 BFGEI.
The 2018 GEI expands globally to represent 24 countries and regions, including firms headquartered in Belgium, Chile, Greece, Ireland, Italy, Singapore and Taiwan for the first time. Companies range from a variety of sectors, including communications, consumer staples, energy, financials, materials and technology.
"We commend American Express and the other 103 companies included in the 2018 GEI for their efforts to create work environments that support gender equality across a diverse range of industries," said Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club. "Their leadership sets an important example that will help all organizations innovate and navigate the growing demand for diverse and inclusive workplaces."
"As investors continue to seek more information on companies' approaches to environmental, social and governance (ESG) factors, the 2018 Bloomberg Gender-Equality Index allows investors to compare companies' commitments to gender equality across industries," said Kiersten Barnet, Deputy Chief of Staff to the Chairman at Bloomberg. "More data and greater transparency in this space will allow investors to make better-informed decisions and help companies better understand their own progress towards gender equality."
American Express submitted a social survey created by Bloomberg in partnership with third-party experts Catalyst, Women's World Banking, Working Mother Media, National Women's Law Center, and National Partnership for Women & Families. Those included on this year’s index scored at or above a global threshold established by Bloomberg to reflect disclosure and the achievement or adoption of best-in-class statistics and policies.
Both the survey and the GEI are voluntary and have no associated costs. Bloomberg collected this data for reference purposes only. The index is not ranked. For more information on the GEI and how to submit information for next year's index visit https://www.bloomberg.com/professional/sustainable-finance/.
Bloomberg clients can access the GEI at {BGEI Index DES <GO>}.
Media Contact:
Jocelyn F. Seidenfeld
American Express
+1-212-640-0555
About American Express:
American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.
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