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Dow named to Bloomberg’s 2021 Gender-Equality Index

first_img Dow named to Bloomberg’s 2021 Gender-Equality Index TAGS  By Digital AIM Web Support – January 27, 2021 Facebook MIDLAND, Mich.–(BUSINESS WIRE)–Jan 27, 2021– In recognition of its commitment to gender inclusion in the workplace, the supply chain and the communities in which it operates, Dow (NYSE:DOW) has been included in the 2021 Bloomberg Gender-Equality Index (GEI). This is the first year Dow has been included in the GEI. Expanded this year to represent 44 countries and regions, the unranked index comprises 380 companies across 11 sectors. Dow’s cumulative GEI score significantly outperformed the materials sector and the broader GEI average. “Dow is committed to ensuring that the talents and unique perspectives of women are invited and included at every level of our company,” said Howard Ungerleider, president and chief financial officer of Dow and executive sponsor of the Company’s Women’s Inclusion Network (WIN) employee resource group. “Achieving a spot in the GEI demonstrates the effectiveness of our intentional actions to support women’s advancement through deliberate policy and building a culture of inclusion.” The GEI brings transparency to gender-related practices and policies at publicly listed companies, increasing the breadth of environmental, social, governance (ESG) data available to investors. The comprehensive, transparent GEI scoring methodology allows investors to assess company performance and compare across industry peer groups. 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. Dow 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. “The companies included in the 2021 GEI are expanding the ESG data universe to include gender-related data that investors are demanding today,” said Peter T. Grauer, chairman of Bloomberg. “Their commitment to disclosure is making the business case for inclusion and driving transparency in the markets.” Through disclosure of gender-related metrics using the GEI framework, the firms included in the 2021 GEI have committed to providing a comprehensive look at their investment in workplace gender equality and the communities in which they operate, raising the bar of what should be expected from other companies within the same industry. The GEI and its framework are voluntary and have no associated costs. The GEI is a reference index and is not intended for use as a financial benchmark. The index is not ranked. While all public companies are encouraged to disclose supplemental gender data for their company’s investment profile on the Bloomberg Terminal, those that have a market capitalization of USD1 billion are eligible for inclusion in the index. To learn more please visit the GEI website. Bloomberg Terminal subscribers can access the GEI at {BGEI }. About Dow Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure and consumer care. Dow operates 109 manufacturing sites in 31 countries and employs approximately 36,500 people. Dow delivered sales of approximately $43 billion in 2019. References to Dow or the company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter. View source version on businesswire.com:https://www.businesswire.com/news/home/20210127005487/en/ CONTACT: Ashley Mendoza Dow +1-225-315-7132 [email protected] Henze Bloomberg LP +1-646-324-1596 [email protected] Liuksila Bloomberg LP +1-212-617-5424 [email protected] KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN INDUSTRY KEYWORD: MANUFACTURING WOMEN CONSUMER PACKAGING CHEMICALS/PLASTICS SOURCE: Dow Copyright Business Wire 2021. PUB: 01/27/2021 07:12 AM/DISC: 01/27/2021 07:12 AM http://www.businesswire.com/news/home/20210127005487/en WhatsApp Local NewsBusiness Twittercenter_img Twitter Previous articleSokal Digital to Partner with Stefan Parsons and BJMM in DaytonaNext articleAbCellera-Discovered Antibody, Bamlanivimab, to be Developed with VIR-7831 for the Treatment of COVID-19 Digital AIM Web Support Pinterest Facebook WhatsApp Pinterestlast_img read more