Pitney Bowes Included in 2020 Bloomberg Gender-Equality Index
January 23 2020 - 8:00AM
Business Wire
Pitney Bowes Inc. (NYSE:PBI), a global technology company that
provides commerce solutions in the areas of ecommerce, shipping,
mailing and financial services, 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 firms 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.
“We are honored to be recognized in the Bloomberg
Gender-Equality Index for a second year in a row. Women make up 43%
of our employee population worldwide, 40% of the Pitney Bowes Board
of Directors and 31% of our Leadership Team. In addition,
women-lead businesses drive more than 40% of the company’s annual
revenue,” said Johnna Torsone, Chief Human Resources Officer of
Pitney Bowes. “Our dedication to diversity and inclusion has been
part of our history and a demonstration of our values for 100
years.”
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. Pitney Bowes 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 firms included in the 2020 GEI have provided a
comprehensive look at their investment in workplace gender equality
and the communities in which they operate. Pitney Bowes 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.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global technology company providing
commerce solutions that power billions of transactions. Clients
around the world, including 90 percent of the Fortune 500, rely on
the accuracy and precision delivered by Pitney Bowes solutions,
analytics, and APIs in the areas of ecommerce fulfillment, shipping
and returns; cross-border ecommerce; office mailing and shipping;
presort services; and financing. For nearly 100 years Pitney Bowes
has been innovating and delivering technologies that remove the
complexity of getting commerce transactions precisely right. For
additional information visit Pitney Bowes, the Craftsmen of
Commerce, at www.pitneybowes.com.
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Marifer Rodriguez Pitney Bowes (203) 351 7416
Marifer.Rodriguez@pb.com
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