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3 PH companies make Bloomberg’s GEI

Republika

Three Philippines-based companies made this year’s Bloomberg Gender Equality Index (GEI), which assesses the value companies put on gender equality.


The Sys’ SM Investments Corp. (SMIC), Consunji’s DMCI Holdings and Semirara Mining and Power Corp. (SMPC), were among 380 firms around the world across 11 sectors that were included in this year’s list.


DMCI CEO and SMPC chairman Isidro Consunji said: “We recognize the value and contributions of women across the DMCI group of companies.

They occupy key positions in our board, management and workforce. With our companies’ inclusion in the GEI, we hope to provide more women with the opportunities and support they need to reach their full potential.”


SMIC scored at or above a global threshold set by Bloomberg to display a high level of disclosure and overall performance across the index’s five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies and pro-women brand.


“We are pleased to be recognized again and likewise extend our appreciation to Bloomberg. We believe in upholding equal opportunities for our people that promote a better workplace,” said SMIC president and CEO Frederic DyBuncio.


The index, which enables investors to evaluate company performance and compare across industry peer groups, makes transparent gender-related practices and policies in publicly listed firms.


Through this, companies in the GEI have pledged to offer a comprehensive look at their investment in workplace gender equality as well as in the wider community where they operate, raising the standards for other companies in the same industry.


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