Submitted by Mitch Gross
HARTFORD, Conn. and BOSTON, Mass. (January 27, 2021) – As part of its commitment to diversity and inclusion, Eversource is once again among 380 companies from across the world included in the 2021 Bloomberg Gender-Equality
Index (GEI), which recognizes companies committed to advancing women’s equality in the workplace and transparency in gender reporting. This is the third time Eversource has been included in the index.
“Being recognized again in the Bloomberg Gender-Equality Index reflects our unyielding commitment to diversity and inclusion as one of our most important core values at Eversource,” said Eversource Vice President of Talent, Culture and Organization Development, Doreen Nichols. “We know that fostering an environment where everyone is respected, feels they belong, and can thrive is critical to our success as we work to safely and reliably serve our customers.”
Bloomberg’s standardized reporting framework offers public companies the opportunity to disclose information on how they promote gender equality in areas including representation in leadership roles, pay parity, sexual harassment policies, and creating an inclusive workplace culture. The Bloomberg GEI uses this framework to track how companies promote gender equality in these areas, and reporting companies that score above a globally established threshold – based on the extent of disclosures and the achievement of best-in-class statistics and policies – are included in the GEI.
Corporate disclosure of gender-related metrics is also important to investors, as a growing number of investors are looking to incorporate environmental, social and governance data into their investment decisions and demand for products and services using this data is on the rise.
“The companies included in the 2021 GEI are expanding the ESG data universe to include gender-related data that investors are demanding today,” Bloomberg Chairman Peter T. Grauer said. “Their commitment to disclosure is making the business case for inclusion and driving transparency in the markets.”
The Bloomberg gender reporting framework is voluntary and has no associated costs. The GEI is a reference index. All public companies can submit data to Bloomberg. Those with a security listed on a U.S. exchange and a market capitalization of $1 billion or greater are eligible for index inclusion. For more information on the GEI and to see the full list of recognized companies:
https://www.bloomberg.com/professional/solution/gender-equality-index/
