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Evertec included in ’19 Bloomberg Gender-Equality Index for advancing women in workplace

Evertec Inc. announced that it is one of 230 companies selected for the 2019 Bloomberg Gender-Equality Index (GEI), which distinguishes companies committed to transparency in gender reporting and advancing women’s equality.

 “We’re proud to be included in the Bloomberg
Gender Equality Index, representing the first company in Puerto Rico among the
36 countries and regions included worldwide,” said Evertec President Mac
Schuessler.

“Evertec is committed to diversity
and inclusion and we believe it is our formula for successful innovation and a high
performing operation,” he said.

Bloomberg’s standardized reporting
framework offers public companies the opportunity to disclose information on
how they promote gender equality across four separate areas — company
statistics, policies, community engagement and products and services.

Reporting companies that score
above a globally-established threshold, based on the extent of disclosures and
the achievement of best-in-class statistics and policies, are included in the
GEI, Bloomberg confirmed.

Demand for products and services
using environment, social and governance data has seen a significant increase
over the last years, as a growing number of investors are looking to
incorporate ESG into their investment decisions. Currently only 10 percent of
eligible companies are disclosing their workplace gender policies and practices,
the firm noted.

“We
applaud Evertec and the other 229 firms tracked by the index for their action
to measure gender equality through the Bloomberg GEI framework,” said Bloomberg
Chairman Peter T. Grauer.

“Evertec’s GEI inclusion is a
strong indicator to its employees, investors and industry peers alike that it
is leading by example to advance ongoing efforts for a truly inclusive
workplace,” Grauer said.

Disclosures from firms included in
the 2019 GEI provide a wide-ranging and comprehensive look at how companies
around the world are investing in women. According to GEI data: 

  • Women
    had a 40 percent increase in executive level positions between fiscal years
    2014-2017.
  • 60
    percent of firms conduct compensation reviews to identify gender-based
    variations in pay to close their average 20 percent pay gap (18 percent on
    average in the Americas, Europe, Africa and Middle East regions and 26 percent
    in Asia-Pacific).
  • 34
    percent have programs in place to recruit women looking to return to work after
    a career break.
  • For
    U.S. employees, the average number of weeks of fully paid primary leave offered
    is 13 weeks, and the average number of weeks of fully paid secondary leave offered
    is 5 weeks.
  • 43
    percent of firms cover gender reassignment services in health insurance plans.
  • 68
    percent of firms evaluate all advertising and marketing content for gender
    biases prior to publication.

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This story was written by our staff based on a press release.

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