Schneider Electric, a leader in the digital transformation of energy management and automation, has been included among the 104 companies of the Bloomberg Index of Gender Equality 2018, which provides a unique barometer of gender equality in all sectors, international level. For Schneider Electric, this news reinforces the company's commitment to inclusion and diversity and its ongoing work to promote gender equality.
Olivier Blum, Chief Human Resources Officer and Executive Vice President at Schneider Electric, said: "Our philosophy of diversity and inclusion aims to provide equal opportunities to everyone, anywhere, and ensure that all our employees feel valued and safe, so that they can contribute the best of themselves. The Gender Equality Index of Bloomberg gives us the opportunity to be valued among the best companies in this regard, and at the same time it is a barometer for us as an employer company that is committed to gender equality. Our inclusion in the index reinforces our determination to create an inclusive culture, in which all forms of diversity are valued."
An index to promote transparency and raise awareness about gender issues
Although when it was launched in 2016 it was limited to the financial services sector, the Bloomberg Gender Equality Index - which has been opened for the first time to companies of any sector as long as they have a market capitalization of one billion dollars or more - has securities listed in the US market. The objective is to provide information, to managers and investors, to compare actions on gender equality, while promoting transparency and disclosure of business information, as well as raising awareness about gender issues.
"Schneider Electric and the other 103 companies on the list have been included for their work creating work environments that support gender equality in numerous sectors," said Peter T. Grauer, president of Bloomberg and founding president of the 30% Club of EE. "Your leadership is an important example, which will help all organizations innovate and manage the growing demand for diverse and inclusive workplaces."
To make the index, Bloomberg has created a detailed survey that will encourage companies to evaluate their internal information, monitor their work and establish objectives in their gender policies and practices. The survey consists of 60 questions, divided into four categories: gender statistics, company policies, product offerings and participation in the community. The companies that complete the survey are assigned a score based on the excellence of the data provided. For the 2018 index, participants based their data on fiscal year 2016.
Schneider Electric: the best score in its category, based on concrete achievements
Schneider Electric obtained a high score for the commitment of its senior management, its participation in the community, its practices and its policies. All this is a reflection of the company's multiple initiatives to generate positive change and monitor its progress. For example, gender pay equality is among the 16 key indicators of the quarterly barometer of sustainable development "Planet & Society" of Schneider Electric. In 2017, the company reached its goal of 85% of employees working in countries with equal pay processes. Schneider Electric continues to collaborate with the HeForShe movement as "IMPACT 10x10x10 Champion", which represents one of the 30 key agents among governments, corporations and universities that lead the movement to make gender equality an institutional priority.
According to Olivier Blum, "Gender equality at work is fundamental, not only because it is fair and correct, but because it is essential to help people reach their full potential, develop their skills and achieve high productivity. it is achieved when people can access and enjoy the same rewards, resources and opportunities, regardless of their gender. Part of our social DNA at Schneider Electric is to recognize and value differences."
The above article was written and published in Spanish and has been translated into English. Click here to read the original article.
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