EDP Renewables, the fourth largest renewable energy company in the world, has joined for the third consecutive year the Bloomberg Gender Equality Index (GEI), a modified market capitalization index, which aims to monitor the performance of listed companies committed to transparency in reporting gender data.
The EDPR managed to increase the score with which it joined the index, compared to last year. This achievement reflects the company’s importance to a culture of gender equality and inclusion, promoting practices that require women’s talent and inclusion in its teams. In fact, equality is a matter of the highest priority for EDPR, as it is a key parameter of the ESG strategic plan presented by the company for the period 2021-25.
Another reflection of the EDP Group’s commitment to a corporate culture of diversity and inclusion is reflected in the global #REBELSFORCHANGE campaign, which aims to increase women’s participation in science, technology, engineering and mathematics (ST) ). It is worth noting that this global initiative runs in parallel with the ambition of the company itself, which aims to increase the percentage of women to at least 30% by 2025.
Miguel Stilwell de Andrade, CEO of EDP Renewables, commented: “At EDP we firmly believe that diversity must be a key driver of our culture and we are committed to channeling our energy into ensuring a just and equitable, inclusive society. the way, all together, we can ensure a better, greener and more sustainable tomorrow for all. ”
This year, a total of 418 companies based in more than 45 countries and regions joined the index, including, for the first time, companies based in Colombia and Uruguay. The companies included in the index represent various sectors, with finance, technology and utilities being the majority of the companies in the index.
To make the selection, more than 11,500 listed companies were evaluated based on Bloomberg ESG criteria. The companies are given a Bloomberg ESG rating, which is calculated on a scale from zero to 100%, with 100% corresponding to the highest rating. This benchmarking measures gender equality across five pillars: women leadership and talent promotion, equal pay and equal pay for men and women, an inclusive culture, anti-sexual harassment policies and a pro-women brand.
Source: Capital
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