Signet Jewelers Included in 2020 Bloomberg Gender-Equality Index
23 January 2020 - 2:03AM
Business Wire
Signet Jewelers Limited (“Signet”) (NYSE: SIG), the world’s
largest retailer of diamond jewelry, today announced that it is one
of 325 companies across 50 industries included in the 2020
Bloomberg Gender-Equality Index (GEI). As one of only a limited
number of retailers and the only specialty jewelry retailer
included on the 2020 Bloomberg GEI, Signet is recognized for its
commitment to advancing women’s equality for the second year in a
row.
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“For the second-consecutive year, Signet is proud to be one of
the select few named to the Bloomberg Gender-Equality Index for
efforts to advance women in the workplace,” said Virginia C.
Drosos, Chief Executive Officer. “We work every day to ensure that
our team members feel included, respected, and empowered when they
come to work to create an environment where all feel comfortable
and encouraged to unleash their full potential. We have created
growth opportunities for thousands of women at all levels of our
organization, and our commitment to this mission is
unwavering.”
The 2020 Bloomberg GEI provides social data on Signet as of its
2018 Fiscal Year (February 2017 – January 2018). Today, seven of
the twelve members of Signet’s executive leadership team, including
its Chief Executive Officer and Chief Financial Officer, are women.
Signet is also among a limited number of publicly-traded companies
to achieve gender parity on its board of directors.
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 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. Signet 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.
Bloomberg Terminal subscribers can access the GEI at {BGEI
<GO>}.
About Signet
Signet Jewelers Limited is the world's largest retailer of
diamond jewelry. Signet operates approximately 3,300 stores
primarily under the name brands of Kay Jewelers, Zales, Jared,
H.Samuel, Ernest Jones, Peoples, Piercing Pagoda, and
JamesAllen.com. Further information on Signet is available at
www.signetjewelers.com. See also www.kay.com, www.zales.com,
www.jared.com, www.hsamuel.co.uk, www.ernestjones.co.uk,
www.peoplesjewellers.com, www.pagoda.com, and
www.jamesallen.com.
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Press Contacts Colleen Rooney Chief Communications Officer +1
330 668 5932 colleen.rooney@signetjewelers.com
David Bouffard VP Corporate Affairs Signet Jewelers Limited +1
330 668 5369 david.bouffard@signetjewelers.com
Veronika Henze Bloomberg LP +1-646-324-1596
vhenze@bloomberg.net
Liidia Liuksila Bloomberg LP +1
212-617-5424 Lliuksila@bloomberg.net
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