South African-based mobile phone operator Vodacom has been named one of the most diverse and inclusive workplaces in the world.
The Vodafone-owned mobile phone company is ranked 42th in the 2018 Thomson Reuters Diversity & Inclusion (D&I) Index.
Vodacom’s parent company Vodafone is ranked 28.
The D&I Index is available on Thomson Reuters Eikon, as are the underlying diversity and inclusion metrics, which can be used to help financial professionals screen companies for long-term opportunities and risks in their investments, as well as empower gender lens investing strategies.
Each company is assigned a score across Diversity, Inclusion, People Development and News Controversy pillars. Only companies with scores across all four pillars are assigned an overall score (the average of the pillar scores).
The top 100 ranked companies with the best overall scores are selected for the Index.
Other South African companies included in the index are Woolworths ranked at 24th, Clicks at 58th, and Nedbank at 95th.
“Our Diversity and Inclusion index, now in its third year, highlights the companies who are leading the way in imbedding Diversity & Inclusion into their company strategy,” said Elena Philipova, global head of ESG (Environmental, Social and Governance) at Thomson Reuters, Financial & Risk.
“The industry is beginning to recognize the societal and business benefits of investing in diverse and inclusive companies and we are working closely with various investment firms who are looking to develop investable products based on our D&I index. We remain committed to providing industry-leading ESG data to help investors make smarter investment decisions.”
The 2018 D&I Index is led by consulting firm Accenture and in the second spot is Novartis, a Swiss multinational pharmaceutical company based in Basel.