BorgWarner announced that it is one of 414 companies across 45 countries and regions to join 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. This 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. This marks the third consecutive year that BorgWarner has received GEI Index recognition from Bloomberg.
“We are truly honored to be included in Bloomberg’s Gender-Equality Index, listed among some of the most respected and highly diversified companies across the globe,” said Felecia Pryor, executive vice president and chief human resources officer, BorgWarner Inc. “BorgWarner continues to work extremely hard to foster a working environment that creates opportunities for diverse talent to grow and succeed. While our work is not yet finished, we are proud to be honored by Bloomberg in our pursuit to ensure that our people feel included, that they belong and that everyone gets equal opportunity to flourish at BorgWarner.”
The 2022 GEI expands globally to represent 45 countries and regions, including firms headquartered in Colombia and Uruguay for the first time. Member companies represent a variety of sectors, including financials, technology and utilities, which collectively have the highest company representation in the index.
“We are proud to recognize BorgWarner and the other 413 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 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 organizations.”
BorgWarner 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.
For more information on the GEI and how to submit information for next year’s index visit: https://www.bloomberg.com/gei.
