" class="no-js "lang="en-US"> TD Bank Group Included in 2023 Bloomberg Gender-equality Index - Fintech Finance
Thursday, March 28, 2024

TD Bank Group Included in 2023 Bloomberg Gender-equality Index

Bloomberg is pleased to announce that TD Bank Group (TD) joins 483 other companies as a member of the 2023 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index developed to gauge the performance of public companies dedicated to reporting gender-related data. This reference index measures gender equality across five pillars: leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand.

The 2023 GEI reaches globally to represent 45 countries and regions, including firms headquartered in Luxembourg, Ecuador, and Kuwait for the first time. Member companies represent a variety of sectors, including financials, technology, and utilities, which continue to have the highest company representation in the index from 2022.

“The pandemic has had a disproportionate impact on women in the workforce. That’s why, more than ever, we are deeply committed to providing access to women at all levels at TD with valuable learning experiences, ongoing support for their career goals and a network of like-minded colleagues,” says Christine Morris, Senior Executive Vice President, Transformation, Enablement & Customer Experience and Executive Chair of the Women at TD Committee. “We know that expanding opportunities for women is vital to helping advance both our business and equity goals.”

“Congratulations to the companies that are included in the 2023 GEI,” said Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club. “We continue to see an increase in both interest and membership globally, reflecting a shared goal of transparency in gender-related metrics.”

TD submitted a social survey created by Bloomberg, in collaboration with subject matter experts globally. Those included on this year’s index scored at or above a global threshold established by Bloomberg to reflect disclosure and the achievement or adoption of best-in-class statistics and policies.

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 USD1 billion are eligible for inclusion in the Index.

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