HOUSTON, Texas (31 January 2023) - TGS, a global provider of energy data and intelligence, today announced it is one of 484 companies across 11 sectors, 54 industries and 45 countries and regions included in the 2023 Bloomberg Gender-Equality Index (GEI). TGS is also 1 of 2 Norwegian companies and 1 of 20 energy companies in the 2022 GEI.
Companies included in the 2023 GEI range from energy, health care, real estate, technology, utilities, and several others. The GEI serves as a touchstone for companies seeking to track their progress in gender inclusion and how the implementation of diversity policies shape company performance.
Whitney Eaton, EVP of People and Sustainability at TGS, commented, “We are proud to be recognized for our gender diversity and equality efforts with our inclusion in the Bloomberg Gender-Equality Index for the third year in a row. We continually strive to create an inclusive work environment because we believe a diverse workforce brings more innovation and progress.”
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. The comprehensive, transparent GEI scoring methodology allows investors to assess company performance and compare across industry peer groups.
“The overarching drive towards equality is evident with the continual increase of global participation from companies,” said Peter T. Grauer, Chairman of Bloomberg. “The Bloomberg Gender-Equality Index remains an important resource for companies to identify any gaps and provides actionable steps to further reshape the future of work.”
GEI participants are scored against five key pillars: leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand. In addition to the pillars, exploratory questions were included in the Framework, allowing for other areas of the “S'' to be explored. These questions, surveyed but not scored, covered other areas such as race and sexual orientation, gender identity and ethnicity.
The accompanying 2023 GEI Insights Report helps to illuminate the data cultivated, and provides a general analysis of the current state of social reporting in the corporate space. Key areas include: Intersectionality, flexible work and employee engagement.
About TGS
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. For more information, visit TGS.com.
About the GEI
The GEI’s standardized reporting Framework allows investors to compare how companies around the world are investing in women in the workplace, the supply chain, and the communities in which they operate. Submitting data by using the Bloomberg Gender Reporting Framework is voluntary and has no associated costs. The GEI is a reference index and is not for use as a financial benchmark. The index is not ranked. The firms included in this year’s index scored above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the Framework’s five pillars. To learn more please visit the GEI website. Bloomberg subscribers can access the GEI at {BGEI Index DES <GO>}.
Access the list of companies included in the 2023 Bloomberg Gender-Equality Index.
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
Media Contacts:
Jaclyn Townsend
VP, Marketing
jaclyn.townsend@tgs.com
Bloomberg Media Contact
GEIComms@bloomberg.net