Diversity & Inclusion Index from Thomson Reuters Ranks Top 100 Global Corporate Workplaces
(3BL Media/Justmeans) – Historically, human civilization has experienced some of its most creative periods when people of diverse backgrounds have worked together. In recent decades, research has revealed that diversity and inclusion boostinnovation and organizational performance. Employees from varied backgrounds bring unique ideas, solutions and perspectives to the workplace that result in new products, challenge to the status quo, and new collaboration.
To identify the world’s most diverse and inclusive companies, Thomson Reuters has now launched a new, first-of-its-kind Diversity & Inclusion (D&I) Index. The index measures relative performance against multiple factors that define diverse and inclusive workplaces.
The index is designed to help financial professionals to gain insight and help screen companies for long-term opportunities and risks in their investments. The Matterhorn Group at Morgan Stanley is the first advisory team to use the D&I Index as an investment tool.
The D&I Index ranks the top 100 publicly traded companies globally with the most diverse and inclusive workplaces, as measured by 24 metrics across four key categories: Diversity, Inclusion, People Development and News Controversies. The Index is then calculated by weighing each metric based on importance in the market and how each company compares with its peers.
The index ratings are supported by Thomson Reuters environmental, social, and governance (ESG) data, designed to transparently and objectively measure the relative performance of over 5,000 companies and provide clients with differentiated insight.
According to Debra Walton, chief product & content officer, Financial & Risk, Thomson Reuters, diversity is becoming agrowth engine. Research shows that companies that make investments and focus on ESG matters can have a stronger stock performance and better long-term profitability. For investors, looking beyond financial data is becoming more important. With this index, they can make better investment and socially responsible decisions.
Companies in the Top 100 Index include Roche Holding, Novartis, J&J, Astellas Pharma, Eli Lilly, Colgate-Palmolive, Cisco, Diageo, Medtronic, Nestlé, Samsung, Accenture, P&G, Kering, Microsoft, BASF, Clorox, Merck, Dow Chemical, Qantas Airways, Xerox, 3M, Campbell Soup, UBS, BNP Paribas, Thomson Reuters, Alcatel, BAT, Bayer, Bank of Montreal, Texas Instruments, Gap, Christian Dior, UCB, ABB, Yum! Brands, HP, Telstra, Unilever, Intel, Symantec, Citigroup, Daimler, Canon, Abbott, Macy’s, and Danone.
Benno Dorer, Chairman and CEO, The Clorox Company, said that diversity and inclusion play an important role at Clorox, fueling innovation, enriching the company’s culture and engaging people. Giovanni Giordano, Director, Group Human Resources, British American Tobacco, said that diversity is at the heart of the company’s strategy because it makes it a stronger business – one that is better able to understand and respond to the diverse needs of the consumers.
Peter Vogt, Deputy Executive Vice President and Chief Human Resources Officer, Nestlé, said that diversity and inclusion are part of the Nestlé values and reflect the company’s respect for other ways of thinking and different cultures. The company believes that a diverse workforce is more creative and more successful in serving its consumers and customers.
Source and Image: Thomson Reuters