SM Investments Corporation (SMIC) is one of 325 companies across 50 industries included in the 2020 Bloomberg Gender-Equality Index (GEI). The GEI represents 42 countries and regions, including firms headquartered in the Philippines for the first time.
SMIC President and CEO Frederic DyBuncio said, “Being included in the 2020 Bloomberg Gender-Equality Index (GEI) is a milestone and an honor for us. We put importance in fostering an inclusive work environment across our businesses, in our supply chain and in the communities we serve. The inaugural inclusion of SMIC indicates our commitment to gender equality through measurement and data transparency.”
The GEI tracks the financial performance of public companies committed to supporting gender equality through policy development, representation, and transparency. 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. This year, Bloomberg expanded the eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions.