TGS included in 2021 Bloomberg Gender Equality Index

Source: press release, 27 January 2021

EVP Staff & Support at TGS, Tanya Herwanger
EVP Staff & Support at TGS, Tanya Herwanger (photo: TGS)

TGS, provider of multi-client geoscience data for exploration and production (E&P) companies, has announced it is one of 380 companies across 11 sectors and 44 regions included in the 2021 Bloomberg Gender-Equality Index (GEI). Companies included in the 2021 GEI range from various industries, including automotive, banking, consumer services, engineering and construction, and retail.

TGS is 1 of 3 Norwegian companies and 1 of 18 Energy Companies to be included in the 2021 GEI.

Tanya Herwanger, EVP Staff & Support at TGS, comments, “We are extremely pleased and proud to have been included in this year’s Bloomberg Gender-Equality Index, as this is our first year of participating in Bloomberg’s gender reporting framework. Our inclusion underpins our commitment to providing an inclusive environment with an emphasis on gender diversity. We still have work to do in this area, particularly after seeing the effects of COVID-19 on women in the workforce globally. We are committed to and working toward improving gender diversity across our organisation and in our recruitment practices through focus, policy development and transparency.”

The GEI brings transparency to gender-related practices and policies at publicly listed companies increasing the breadth of environmental, social, governance (ESG) data available to investors. The comprehensive, transparent GEI scoring methodology allows investors to assess company performance and compare across industry peer groups.

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.

“The companies included in the 2021 GEI are expanding the ESG data universe to include gender-related data that investors are demanding today,” says Peter T. Grauer, Chairman of Bloomberg. “Their commitment to disclosure is making the business case for inclusion and driving transparency in the markets.”