DMCI, Seminara named in Bloomberg index

DMCI Holdings (DMC) and Semirara Mining and Power Corp. made it to the 2023 Bloomberg Gender-Equality Index (GEI) their third consecutive year.

The Bloomberg GEI is a modified market capitalizationweighted index that aims to track the performance of public companies committed to transparency in gender-data reporting.

It measures gender equality across five pillars: leadership and talent pipeline; equal pay and gender pay parity; inclusive culture, anti-sexual harassment policies; and external brand.

“Diversity and representation always matter. When different voices and perspectives are included in the conversation, companies benefit from a wider range of ideas and insights,” DMCI Holdings and SMPC Chairman Isidro Consunji remarked.

DMCI Holdings and SMPC submitted a social survey created by Bloomberg, in collaboration with several global subject matter experts.

Those included on this year’s index scored above a global threshold established by Bloomberg to reflect disclosure and the achievement or adoption of best-in-class statistics and policies.

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 $1 billion are eligible for inclusion in the index.

Member companies represent a variety of sectors, including financials, technology and utilities, which continue to have the highest company representation in the index from 2022.

“Congratulations to the companies that are included in the 2023 GEI,” Bloomberg Chairman and US 30 percent Club Founding Chairman Peter Grauer said.” We continue to see an increase in both interest and membership globally, reflecting a shared goal of transparency in gender-related metrics.”

Only four listed companies in the Philippines joined the 2023 GEI roster.