FirstEnergy Earns 2020 Bloomberg Gender-Equality Index Designation
January 21, 2020
For the second consecutive year, FirstEnergy has been included in the Bloomberg Gender-Equality Index (GEI).
“FirstEnergy’s inclusion in the Bloomberg GEI for the second year reaffirms our commitment to equality in the workplace,” said Chris Walker, senior vice president and chief human resources officer. “Fostering a diverse and inclusive work environment enhances innovation and employee satisfaction, and provides significant value to employees, investors and our communities. Participating in the GEI is a key part of tracking our progress.”
The GEI uses a standardized reporting framework to measure gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies and factors like supply chain and community support. Companies included in the index scored at or above a global threshold established by Bloomberg to reflect a high level of disclosure and performance across the framework’s five pillars.
In addition to tracking gender equality within the GEI framework, FirstEnergy has taken other significant steps to support women in the workplace. For example, among other steps the company has established employee business resources groups (EBRGs) dedicated to promoting the professional development of women. In addition, there is a formal mentoring program and leadership-focused learning opportunities for women.
The 2020 GEI includes 325 organizations across 50 industries, including energy, automotive, banking, consumer services, engineering and construction, and retail. To enhance global perspective, eligibility for the GEI was expanded this year to include 33 additional countries, giving 6,000 companies in 84 countries the opportunity to participate. More information about the index is available at www.bloomberg.com/gei.