SAN FRANCISCO, Jan.
21, 2020 /PRNewswire/ -- LendingClub Corporation (NYSE: LC),
today announced that it is one of 325 companies across 50
industries included in the 2020 Bloomberg Gender-Equality Index
(GEI). The GEI expanded in 2020 to represent 42 countries and
regions, including companies headquartered in the Czech Republic, New
Zealand, Norway,
Philippines, Poland, and Russia for the first time.
Companies range from a variety of industries, including automotive,
banking, consumer services, engineering and construction, and
retail.
"As part of LendingClub's continued commitment to gender
equality, we are proud and honored to be included in Bloomberg's
Gender Equality Index for a second year in a row," said
Whitney Jones, Chief People Officer
at LendingClub. "We believe that the diversity of our employee base
needs to represent the diversity of our customer base and that is
why we're committed to continuing to increase our diversity
throughout our company and promoting those leaders from
within."
The GEI tracks the financial performance of public companies
committed to supporting gender equality through policy development,
representation, and transparency. The reference index measures
gender equality across five pillars: female leadership and talent
pipeline, equal pay and gender pay parity, inclusive culture,
sexual harassment policies, and pro-women brand. This year,
Bloomberg expanded the eligibility for inclusion in the index
to nearly 6,000 companies across 84 countries and regions.
The 2019 GEI included 230 companies headquartered across 36
countries and regions. LendingClub was also included in the
2019 GEI.
"The 325 companies included in the 2020 GEI have shown their
commitment to transparency and demonstrated leadership in
gender-related data reporting," said Peter
T. Grauer, Chairman of Bloomberg. "Disclosure of company
statistics and practices is an important first step in supporting
gender equality globally."
Through disclosure of gender-related metrics using the GEI
framework, the companies included in the 2020 GEI have provided a
comprehensive look at their investment in workplace gender equality
and the communities in which they operate. LendingClub was included
in this year's index for scoring at or above a global threshold
established by Bloomberg to reflect a high level of disclosure and
overall performance across the framework's five pillars.
Both the framework and the GEI are voluntary and have no
associated costs. The GEI is a reference index and is not for use
as a financial benchmark. The index is not ranked. While all public
companies are encouraged to disclose supplemental gender data for
their company's investment profile on the Bloomberg Terminal, those
that have a market capitalization of USD1
billion are eligible for inclusion in the index. To learn
more please visit the GEI website. Bloomberg Terminal subscribers
can access the GEI at {BGEI <GO>}.
Press Contacts
LendingClub
Press@LendingClub.com
IR@LendingClub.com
Veronika Henze
Bloomberg LP
+1-646-324-1596
vhenze@bloomberg.net
Liidia Liuksila
Bloomberg LP
+1 212-617-5424
Lliuksila@bloomberg.net
About LendingClub
LendingClub was founded to transform the banking system to make
credit more affordable and investing more rewarding. Today,
LendingClub's online credit marketplace connects borrowers and
investors to deliver more efficient and affordable access to
credit. Through its technology platform, LendingClub is able to
create cost efficiencies, and passes those savings on to borrowers
in the form of lower rates and to investors in the form of
potentially higher risk-adjusted returns. LendingClub is based in
San Francisco, California. All
loans are made by federally regulated issuing bank partners. More
information is available at https://www.lendingclub.com
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SOURCE LendingClub Corporation