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NEWSLETTER

The latest news from Equileap: our emerging markets report, a pioneering index, and why living wages are important

Equileap_2024_Gender_Equality_Report_Emerging_Markets_Cover

Inaugural emerging markets report and new Solactive Equileap index

 

Now is your chance to delve into the latest findings on emerging markets: Equileap’s brand new Gender Equality Report & Ranking, covering 1,500 companies across the Americas, EMEA, and APAC, has just been released. You can find the full report here. You might be interested to hear that: 

  • Thailand is the emerging market with the highest representation of women in CEO and CFO positions.
  • Several emerging markets rival, and surpass, developed markets in gender pay data disclosures.
  • Solactive has launched a new gender equality index tracking emerging market companies, based on Equileap’s dataset. 

 

On the back of a very successful Gender Equality Index focused on developed markets, Equileap has once more partnered with Solactive and launched the Solactive Equileap Emerging Markets Gender Equality Index. The concept provides investors with an impactful tool to invest in emerging market companies leading the way in social matters and gender diversity. 

 

You can find the factsheet here and see historical performance of the index below.

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Would you like to see the data for yourself? You can contact us for a free trial of this expansive new dataset - covering 21 Indicators and 48 metrics - at info@equileap.com. 

webinar

Webinar 16 May: Gender Equality in Emerging Markets

 

Join our upcoming webinar on Thursday 16 May to explore the findings of our emerging markets report in more detail, and to have a Q&A opportunity with our research team. 

 

You will hear from Equileap’s experts about the performance of emerging market countries and top companies, and Timo Pfeiffer, Chief Markets Officer at Solactive (a leading provider of indexing, benchmarking, and calculation solutions), who will tell us about the new emerging markets gender equality index and its historical performance.

 

Registration details are below.

    5-Webinar

    Register here for webinar time slot 1: 8:00 CEST / 15:00 JST / 16:00 AEST.

    Register here for webinar time slot 2: 16:00 CEST / 15:00 BST / 10:00 EDT. 

     

    We look forward to sharing our findings with you!

    euronext-iwd

    Celebrating IWD at Euronext    

      

    Our CEO, Diana van Maasdijk, was proud to join Euronext in Amsterdam to celebrate International Women’s Day, bringing together thought leaders to share their insights and inspire the financial sector to commit to lasting equality initiatives. Read more about the Euronext indices built with Equileap's data here. 

    Photo credit: Euronext.

    scorecard

    Indicator in focus

     

    Equileap’s Gender Equality Scorecard covers 21 indicators, underpinned by 48 metrics. But why are these metrics important, and what does best practice look like? 

     

    Today we’re zooming on living wage commitments (Indicator 6 on the Scorecard).

     

    • How is a living wage defined? A living wage means remuneration that allows a worker and their family to afford a decent standard of living and cover their basic needs in their place of residence. (See full definition at Global Living Wage Coalition.) 

     

    • Aren’t minimum wages enough? Living wages are different to minimum wages set by governments, where high standards and regular adjustments are not a given (more detail from World Economic Forum). A company’s commitment to pay living wages ensures that they are prioritising the welfare of employees across the world, especially low-wage vulnerable workers who are often women.

     

    • What is best practice? In public reporting, companies should: 

    • State a clear commitment to pay living wages to all employees.
    • Publish which benchmark they are using to assess living wages.
    • Describe how they are adjusting and implementing living wages year-on-year (this provides stakeholders, from employees to investors, with a credible and measurable commitment).
    • Require living wages in the supply chain (this ensures the commitment to provide good working and living conditions is exponentially felt).    

     

    To learn more about Equileap’s rigorous research methods, read our recent interview on LinkedIn.

    Our top picks from the news

    / Gender pay gap in Great Britain smallest since reporting first enforced - 6 April 2024 - The Guardian

    UK companies’ median gender pay gap has reduced to 9.1%, the lowest since reporting began 2017. However, this gap is much higher in construction, finance and insurance, and education sectors.

     

    / A time of opportunity for gender lens investing in Japan - 7 March 2024 - 2X Global

    An interview with Tatjana Gerling argues that gender lens investing in Japan is an opportunity to guide businesses on the right path to building a corporate culture that works for women.

     

    / The buzz around DEI’s ‘Great Retreat’ is overblown–and data-backed proof of the opposite abounds - 27 February 2024 - Fortune

    Despite recent criticism of diversity and inclusion initiatives in the United States, many companies are showing that they are in it for the long term and are reinforcing their commitments.   

     

    / Why Companies Should Share Their DEI Data (Even When It’s Unflattering) - 27 February 2024 - Harvard Business School

    Companies that are transparent with their diversity data are perceived more positively by consumers, even if the data reveals that they have work to do.

     

    / Report: Empowering women, building sustainable assets - 2 February 2024 - UN Women

    A detailed report unpacking the opportunities and pitfalls in using global financial architecture, from private equity to public equity, to support gender equality.

     

    / Are Social Norms Really the Main Cause of Low Female Employment? - 16 January 2024 - Project Syndicate

    Research suggests that increasing women’s paid work in India can be facilitated by policies improving employment conditions, rather than focusing on changing cultural norms first. 

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