Consunji-led firms land in Bloomberg’s gender equality index

FOr the second straight year, Consunji-led dmci holdings inc. and its unit, semirara Mining and Power Corp., are included in the Bloomberg Gender Equality index (GEI).

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

Only four listed companies in the Philippines joined the 2022 roster that includes 418 companies across 45 countries and regions.

the other two firms were the Gokongwei’s property development arm and robinsons retail holdings inc.

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

the 2022 GEI 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.

“While our businesses belong to male-dominated industries, we do not distinguish roles and opportunities according to gender. We empower and promote people based on their individual merits and contributions to the organization,” dmci holdings Chairman isidro a. Consunji said.

“We are proud to recognize dmci holdings and SMPC and the other 416 companies included in the 2022 GEI for their commitment to transparency and setting a new standard in gender-related data reporting,” 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 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 organization,” he said.

Both Consunji-led firms 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.

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 $1 billion are eligible for inclusion in the index.

dmci holdings is the only publicly-listed holding company in the Philippines that has construction as its core competency. its businesses are pioneers and key players in the construction, real estate, energy, mining and water industries.