Schroders remains Bloomberg Gender Equality Index leader

Schroders today announces it has remained a leader in advancing gender equality globally, according to the results of the 2022 Bloomberg Gender Equality Index (GEI).

The index, unveiled today, represents 418 global companies spanning 11 sectors across 45 countries and regions. It aims to track the performance of public companies committed to transparency in gender-data reporting.

Schroders was awarded an overall GEI score of 77%, above the average for the financial services sector and for the UK where the average scores were 73% and 72%, respectively. This is also an improvement on the 73% Schroders achieved a year ago.

A company’s GEI score is determined by its level of disclosure and performance (data excellence). It measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand.

Faye Farrant, Global Head of Talent & Inclusion, Schroders, commented:

“At Schroders we are passionate about data and what it can tell us about our people and the firm. We strive to make well-informed, data-driven decisions when it comes to Inclusion and Diversity and believe that transparency is crucial to driving progress and holding ourselves accountable.

“This is reflected in our strong disclosure score of 99%, which is a 5% increase from our previous disclosure score.  We are proud of the progress made so far but know that there is more to do as an organisation, but also as an industry and as a society together.”

During 2021, as part of Schroders commitment to diversity and inclusions, the firm:

  • Strengthened our diverse talent pipeline through early careers fast-track events aimed at female students and taking part in cross-company “returnship” programmes
  • Enhanced parental leave policies in recognition of the importance of parental leave policies in achieving gender equality
  • Increased female representation in senior management to 33% (from 25% in 2015) and are now aiming for 35% female representation in senior management by 2023

To view Schroders Gender Pay Gap Report for 2020, please click here.