Dow named to Bloomberg’s 2021 Gender-Equality Index | Business & Finance

Expanded this 12 months to characterize 44 nations around the world and regions, the unranked index includes 380 organizations throughout 11 sectors. Dow’s cumulative GEI rating noticeably outperformed the supplies sector and the broader GEI typical.

“Dow is fully commited to making certain that the skills and unique views of girls are invited and incorporated at each amount of our corporation,” said Howard Ungerleider, president and chief economical officer of Dow and govt sponsor of the Company’s Women’s Inclusion Network (Gain) personnel useful resource group. “Achieving a spot in the GEI demonstrates the effectiveness of our intentional actions to aid women’s advancement through deliberate policy and creating a lifestyle of inclusion.”

The GEI brings transparency to gender-related methods and guidelines at publicly detailed providers, escalating the breadth of environmental, social, governance (ESG) info offered to buyers. The detailed, transparent GEI scoring methodology will allow buyers to evaluate firm functionality and assess across sector peer groups.

The reference index measures gender equality throughout 5 pillars: feminine management and expertise pipeline, equal fork out and gender pay back parity, inclusive lifestyle, sexual harassment policies, and pro-gals brand.

Dow was bundled in this year’s index for scoring at or higher than a world threshold set up by Bloomberg to replicate a higher stage of disclosure and in general performance across the framework’s five pillars.

“The companies provided in the 2021 GEI are growing the ESG knowledge universe to consist of gender-associated facts that traders are demanding currently,” reported Peter T. Grauer, chairman of Bloomberg. “Their motivation to disclosure is building the business enterprise circumstance for inclusion and driving transparency in the marketplaces.”

By way of disclosure of gender-connected metrics using the GEI framework, the corporations incorporated in the 2021 GEI have committed to giving a extensive look at their investment in place of work gender equality and the communities in which they function, boosting the bar of what ought to be predicted from other organizations in just the very same field.

The GEI and its framework are voluntary and have no associated charges. The GEI is a reference index and is not intended for use as a fiscal benchmark. The index is not ranked. Whilst all public firms are encouraged to disclose supplemental gender details for their company’s financial investment profile on the Bloomberg Terminal, all those that have a sector capitalization of USD1 billion are suitable for inclusion in the index. To master much more be sure to visit the GEI internet site. Bloomberg Terminal subscribers can access the GEI at BGEI .

Dow (NYSE: DOW) brings together world wide breadth, asset integration and scale, focused innovation and leading organization positions to reach rewarding development. The company’s ambition is to become the most modern, buyer centric, inclusive and sustainable materials science corporation. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones corporations delivers a broad variety of differentiated science-based products and solutions and alternatives for its clients in superior-progress sector segments, these types of as packaging, infrastructure and client treatment. Dow operates 109 production websites in 31 international locations and employs about 36,500 men and women. Dow shipped revenue of around $43 billion in 2019. References to Dow or the organization suggest Dow Inc. and its subsidiaries. For far more facts, remember to go to www.dow.com or observe @DowNewsroom on Twitter.

Search phrase: UNITED STATES NORTH The us MICHIGAN

Sector Search term: Producing Ladies Customer PACKAGING Substances/PLASTICS

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PUB: 01/27/2021 07:12 AM/DISC: 01/27/2021 07:12 AM