TGS, a global provider of energy data and intelligence, has announced it is one of 418 companies across 11 sectors and 45 countries and regions included in the 2022 Bloomberg Gender-Equality Index (GEI). Companies included in the 2022 GEI range from energy, health care, real estate, technology, utilities, and several others.
TGS is 1 of 2 Norwegian companies and 1 of 18 energy companies in the 2022 GEI.
Whitney Eaton, EVP of People and Sustainability at TGS, comments, “We are extremely pleased to be included in the Bloomberg Gender-Equality Index for the second year in a row and to have improved our score from our first year. We recognise gender diversity is an ongoing challenge, but we are proud of the steps we have taken thus far. TGS strives to create an inclusive work environment and to be transparent in our efforts and progress.”
The GEI is a modified market capitalisation-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting. 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, anti-sexual harassment policies, and pro-women brand.
“We are proud to recognise TGS and the other 417 companies included in the 2022 GEI for their commitment to transparency and setting a new standard in gender-related data reporting,” says Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club. “Even though the threshold for inclusion in the GEI has risen, the member list continues to grow. This is a testament that more companies are working to improve upon their gender-related metrics, fostering more opportunity for diverse talent to succeed in their organisations.”
TGS submitted a social survey created by Bloomberg, in collaboration with subject matter experts globally. Those included on this year’s index scored at or above a global threshold established by Bloomberg to reflect disclosure and the achievement or adoption of best-in-class statistics and policies.