Air Products has been selected for the 2019 Bloomberg Gender-Equality Index (GEI) which distinguishes companies committed to transparency in gender reporting and advancing women’s equality.
The Tier One company said the selection to the Bloomberg GEI is an excellent fit with the goal Air Products has set to be the safest, most diverse and most profitable industrial gas company in the world, providing excellent service to customers.
“We took action last year and strategically added ‘most diverse’ to our company’s goal,” explained Seifi Ghasemi, Air Products’ Chairman, President and CEO. “We continue to make strides toward this goal, but there is always more work to be done.”
“We recognise this and are committed to make progress. That said, it is a great accomplishment to be selected to the Bloomberg GEI and be recognised for our diversity efforts to this point.”
230 companies globally were named in the index, which doubled in size from 2018 and includes firms from 10 sectors headquartered across 36 countries and regions.
Collectively, these firms employ more than 15 million people, of which seven million are women, around the world.
Thirteen markets are represented for the first time this year and include Argentina, China, Israel and South Africa.
Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the US 30% Club, said, “Air Products’ GEI inclusion is a strong indicator to its employees, investors and industry peers alike that it is leading by example to advance ongoing efforts for a truly inclusive workplace.”
Bloomberg’s standardised reporting framework offers public companies the opportunity to disclose information on how they promote gender equality across four separate areas – company statistics, policies, community engagement and products and services.
Reporting companies that score above a globally-established threshold, based on the extent of disclosures and the achievement of best-in-class statistics and policies, are included in the GEI.