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Published on 5/3/2016 in the Prospect News Green Finance Daily and Prospect News Structured Products Daily.

Bloomberg launches Bloomberg Financial Services Gender-Equality Index

By Lisa Kerner

Charlotte, N.C., May 3 – Bloomberg LP launched the Bloomberg Financial Services Gender-Equality Index (BFGEI).

The index, which is unranked, provides investors and organizations with standardized data across company gender statistics, employee policies, gender-conscious product offerings, and external community support and engagement, according to a news release.

“The BFGEI gives investors an important new decision-making tool by providing objective, concrete data around difficult-to-measure areas like policies and products,” said Angela Sun, head of strategy and corporate development at Bloomberg.

According to Bloomberg, the inaugural 2016 BFGEI recognizes 26 financial services firms with strong commitments to gender equality, including dedicated social disclosure policies and practices.

Bloomberg is a New York-based, privately held financial software, data and media company.


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