Schroders retains its spot in the Bloomberg Gender Equality Index for the fourth consecutive year

As part of our continuing commitment to gender equality, we are proud of our inclusion in the Bloomberg Gender-Equality Index (GEI) for a fourth consecutive year.

The GEI aims to track the performance of public companies committed to transparency in gender-data reporting. 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.

The 2022 Index represents 418 global companies spanning 11 sectors and headquartered across 45 countries and regions. Schroders achieved 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.

“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.” said Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club.

We’re pleased to see our efforts in tackling gender equality being recognised through a 5% increase of our data excellence score, which measures our corporate performance against the five pillars, and we continue to be benchmarked as above the average amongst the financial services companies.

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 2021.  We’re 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.”

In 2021 as part of our commitment to Inclusion and Diversity we:

  • 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.

Hear from our people about how we are continuing to create a more inclusive workplace here at Schroders:

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