Investors can change the behavior of companies. But for that, they need information. This week, Bloomberg launched an index that scores financial-service companies on how well they treat women and whether they are promoting gender equality. The index, called the Bloomberg Financial Services Gender-Equality Index (BFGEI), rates companies not only based on programs like parental leave and flexible work arrangements—which together make up 70 percent of the score—but also whether a company has product offerings geared toward women and community engagement.
Bloomberg launches new gender-equality stock index
More of Today's Solutions
Scientists find 64,000 sq miles of climate-resilient coral reef
BY THE OPTIMIST DAILY EDITORIAL TEAM For years, the conversation around coral reefs has been threaded with grief. Bleaching events, rising ocean temperatures, one ...
Read MoreEmpowered youth launch ‘Green New Deal for Schools’ to combat cli...
In response to rising ecological concerns and political repression, students across the United States are leading a bold movement known as the 'Green New ...
Read More6 drinks that will help you digest festive feasts with ease
BY THE OPTIMIST DAILY EDITORIAL TEAM The holiday season is here, bringing twinkling lights, festive parties, and let’s be honest—a lot of food. From ...
Read MoreNorway bids farewell to fur farming in a milestone for animal welfare
BY THE OPTIMIST DAILY EDITORIAL TEAM Norway officially closed the chapter on fur farming, marking a significant victory for animal welfare advocates. Once home ...
Read More
