Included for fourth year in Bloomberg Index distinguishing firms worldwide for transparency in workplace gender reporting
HARTFORD, Conn. & BOSTON–(BUSINESS WIRE)–Affirming its commitment to diversity, equity and inclusion, Eversource is once again included in the annual Bloomberg Gender-Equality Index (GEI), which this year recognizes 484 companies from around the world that have demonstrated their commitment to advancing women’s equality in the workplace and promoting transparency in gender reporting. This is the fourth time Eversource has been included in the index.
“Being recognized in the 2023 Bloomberg Gender-Equality Index is a rewarding confirmation of our journey in ensuring our commitment to diversity and inclusion as a core value at Eversource,” said Eversource Executive Vice President of Human Resources & Information Technology Christine Carmody. “It remains our continued focus to drive meaningful, positive change in our workplace and our communities by addressing racial and social justice and inequity.”
Bloomberg’s standardized reporting framework offers public companies the opportunity to disclose information on the ways they promote gender equality in areas including representation in leadership roles, pay parity, sexual harassment policies, and creating an inclusive workplace culture. The Bloomberg GEI uses this framework to track how companies promote gender equality in these areas, and reporting companies that score above a globally established threshold – based on the extent of disclosures and the achievement of best-in-class statistics and policies – are included in the GEI.
Corporate disclosure of gender-related metrics is also important to investors, as a growing number of investors are looking to incorporate environmental, social and governance data into their investment decisions and demand for products and services using this data is on the rise.
“Congratulations to the companies that are included in the 2023 GEI,” said Peter T. Grauer, Chairman of Bloomberg. “We continue to see an increase in both interest and membership globally, reflecting a shared goal of transparency in gender-related metrics.”
Both the survey and the GEI are voluntary and have no associated costs. Bloomberg collected this data for reference purposes only. The index is not ranked. While all public companies are encouraged to disclose supplemental gender data for their company’s investment profile on the Bloomberg Terminal, those that have a market capitalization of USD1 billion are eligible for inclusion in the Index. For more information on the GEI and how to submit information for next year’s index visit: https://www.bloomberg.com/gei.
Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is the #1 energy company in Newsweek’s list of America’s Most Responsible Companies for 2023 and recognized as one of America’s Most JUST Companies. Eversource transmits and delivers electricity and natural gas and supplies water to approximately 4.4 million customers in Connecticut, Massachusetts and New Hampshire. The #1 energy efficiency provider in the nation, Eversource harnesses the commitment of approximately 9,500 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on Twitter, Facebook, Instagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.