Genpact Named to 2022 Bloomberg Gender-Equality Index
Inclusion underscores Genpact’s commitment to foster a diverse, equitable workplace and drive accountability through data transparency
Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, today announced that it has been included in the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting.
Genpact’s inclusion in the Index reflects the company’s adoption of leading diversity, equity, and inclusion practices, and disclosure of data across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand.
Read More: SalesTechStar Interview with Mary Matyas, SVP & General Manager, North America at MediaMath
Approximately 560 companies contributed their gender-related data to be considered for inclusion in the 2022 GEI. Of this group, 418 companies across 45 countries and regions were ultimately included in the Index. Only those reporting companies that score above a global threshold established by Bloomberg – based on the extent of their disclosures and distinguished performance reflected in a data excellence score – are included in the GEI.
“We are proud to recognize Genpact and the other companies included in the 2022 GEI for their commitment to transparency and setting a new standard in gender-related data reporting,” said Peter T. Grauer, chairman of Bloomberg and founding chairman of the US 30% Club. “Even though the threshold for inclusion in the GEI has risen, the member list continues to grow. This indicates that more companies are working to improve their gender-related metrics and foster more opportunities for diverse talent to succeed in their organizations.”
Genpact’s recognition underscores its focus on gender diversity, which is inextricably linked to the company’s day-to-day talent management practices. With a 41 percent gender-diverse global workforce, Genpact is making strides towards its vision of being 50 percent gender diverse. Genpact’s commitment to diversity, equity, and inclusion includes a broad range of ongoing programs designed to attract, retain, and support women professionals at every stage of their careers. This includes building the next generation of female leaders through its Women’s Leadership Program, designed in collaboration with Harvard Business Publishing; its cross-company mentorship program in association with the 30% Club, and its Women in Genpact network, an employee resource group.
Read More: SalesTechStar Interview with Mary Matyas, SVP & General Manager, North America at MediaMath
“Having a diverse, equitable, and inclusive workforce where the best talent from all backgrounds can bring their full selves to work, drives creativity, innovation, and outsized impact to our clients and communities and is critical to both our current and future success,” said Tiger Tyagarajan, chief executive officer, Genpact. “At Genpact, diversity is a constant journey that is inextricably linked to our business strategy. We believe in the power of metrics to turn aspiration into impact – driving organizational alignment that shines a light on progress, exposes areas of needed growth, and enables organizations to not only act with agility, but to celebrate collective achievements.”
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 USD 1 billion are eligible for inclusion in the Index.
