MIDLAND, Mich., Jan. 26, 2022 /PRNewswire/ -- Dow (NYSE:
DOW) has been named to Bloomberg's Gender-Equality Index (GEI) for
the second consecutive year, demonstrating its continued commitment
to gender inclusion and data transparency.
Dow's cumulative GEI score again significantly outperformed both
the materials sector and overall GEI averages in each of GEI's five
pillars. This year Dow performed particularly well in the areas of
gender inclusive benefits, leadership accountability for inclusion
and diversity goals, pay equity practices, and community support
for women. To learn more about our approach to gender inclusion and
our overall ESG efforts, read our 2020 ESG Report,
INtersections.
"Achieving our environmental, social and governance priorities
starts with Team Dow," said Howard
Ungerleider, president and chief financial officer of Dow
and executive sponsor of the Company's Women's Inclusion Network
(WIN) employee resource group. "A commitment to inclusion,
diversity and equity strengthens our culture, elevates our
decision-making, enhances innovation and increases our ability to
serve our customers and communities. Earning a spot on the GEI is a
testament to our intentional actions to advance gender equality at
all levels of the company, throughout our supply chain and in the
communities in which we operate."
The 2022 GEI represents 418 companies across 45 countries and
regions and 11 sectors of business in a modified market
capitalization-weighted index that aims to track the performance of
public companies committed to transparency in gender-data
reporting. It measures gender equality across five pillars: female
leadership & talent pipeline; equal pay & gender pay
parity; inclusive culture; anti-sexual harassment policies; and
pro-women brand. The index brings transparency to gender-related
practices and policies at publicly listed companies, increasing the
breadth of ESG data available to investors, allowing them to assess
company performance and compare across industry peer groups.
"We are proud to recognize Dow and the other 417 companies
included in the 2022 GEI for their commitment to transparency and
setting a new standard in gender-related data reporting," said
Peter T. Grauer, Chairman of
Bloomberg and Founding Chairman of the U.S. 30% Club. "Even though
the threshold for inclusion in the GEI has risen, the member list
continues to grow. This is a testament that more companies are
working to improve upon their gender-related metrics, fostering
more opportunity for diverse talent to succeed in their
organizations."
Both the survey and the GEI are voluntary and have no associated
costs. Bloomberg collected this data for reference purposes only.
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 USD 1 billion are
eligible for inclusion in the Index. For more information on the
GEI and how to submit information for next year's index
visit: https://www.bloomberg.com/gei. Bloomberg clients can
access the GEI at {BGEI Index DES <GO>}.
About Dow
Dow (NYSE: DOW) combines global breadth, asset integration and
scale, focused innovation and leading business positions to achieve
profitable growth. The Company's ambition is to become the most
innovative, customer centric, inclusive and sustainable materials
science company, with a purpose to deliver a sustainable future for
the world through our materials science expertise and collaboration
with our partners. Dow's portfolio of plastics, industrial
intermediates, coatings and silicones businesses delivers a broad
range of differentiated science-based products and solutions for
its customers in high-growth market segments, such as packaging,
infrastructure, mobility and consumer care. Dow operates 106
manufacturing sites in 31 countries and employs approximately
35,700 people. Dow delivered sales of approximately $39 billion in 2020. References to Dow or the
Company mean Dow Inc. and its subsidiaries. For more information,
please visit www.dow.com or follow @DowNewsroom on
Twitter.
For further
information, please contact:
|
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Kyle
Bandlow
|
Bloomberg Media
Contact:
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+1 989 638
2417
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GEIComms@bloomberg.net
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kbandlow@dow.com
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Twitter: https://twitter.com/DowNewsroom
Facebook: https://www.facebook.com/dow/
LinkedIn: http://www.linkedin.com/company/dow-chemical
Instagram: http://instagram.com/dow_official
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SOURCE The Dow Chemical Company