Refinitiv today announced the 2019 Top 100 most diverse and inclusive organizations globally as ranked by the Diversity & Inclusion (D&I) Index.
The D&I Index, launched in 2016, 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 informed by Refinitiv’s Environmental, Social, and Governance (ESG) data, designed to transparently and objectively measure the relative performance of more than 7,000 companies representing 70% of global market cap across 400+ ESG data points, and provide clients with critical and differentiated insight.
The D&I Index is available on Refinitiv Eikon, as are the underlying diversity and inclusion metrics, which can be used to help financial professionals evaluate companies for long-term opportunities and risks in their investments, as well as empower diversity-lens investing strategies.
The D&I Index utilizes innovative analytics to rate and score companies across 4 main pillars: Diversity, Inclusion, People Development and Controversies. 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.
Four South African firms are listed in the 2019 D&I Index Top 100.
Woolworths is ranked 19, Mediclinic is sitting at 67, Foschini follows at 88 and Truworths is at 89.
“Congratulations to the 2019 D&I Index Top 100 most diverse & inclusive organizations globally. We are proud that our D&I index is being used as a guide to help firms across the globe create a workforce of diverse teams,” said Debra Walton, Chief Revenue Officer at Refinitiv.
“We are equally proud that the D&I Index continues to serve as key driver for investors and analysts seeking to identify the companies that are getting this right, and helping them to make investment decisions that align with their values and the bottom line.
“The D&I Index also reflects Refinitiv’s own commitment to diversity and inclusion, data points which we track rigorously about our own company and which continue to drive our talent strategy to reach a minimum of 40% female representation in senior leadership roles globally, whilst continuing to support and promote an inclusive workplace that embraces diversity of every kind.”