Schroders continues to lead the Bloomberg Gender Equality Index

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by KnowESG,

Schroders plc

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Schroders received an overall GEI score of 77%, which was higher than the average for the financial services sector and the UK, which were 73% and 72%, respectively.

According to the results of the 2022 Bloomberg Gender Equality Index, Schroders has maintained its position as a global leader in advancing gender equality (GEI).

The index, which was unveiled today, includes 418 global companies from 11 industries spread across 45 countries and regions. It aims to track the performance of public companies committed to gender-data transparency.

Schroders received an overall GEI score of 77%, which was higher than the average for the financial services sector and the UK, which were 73% and 72%, respectively. This is also an increase from the 73% achieved by Schroders a year ago.

The GEI score of a company is determined by its level of disclosure and performance (data excellence). Gender equality is measured across five pillars: female leadership and talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand.

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Schroders' Global Head of Talent & Inclusion, Faye Farrant, commented:

"At Schroders, we are obsessed with data and what it can reveal about our people and the firm." When it comes to Inclusion and Diversity, we strive to make well-informed, data-driven decisions, and we believe that transparency is critical to driving progress and holding ourselves accountable.

"This is reflected in our high disclosure score of 99%, which is a 5% improvement over our previous disclosure score." We are proud of our achievements thus far, but we recognise that there is still work to be done as an organisation, as an industry, and as a society as a whole."

As part of Schroders' commitment to diversity and inclusion in 2021, the firm will:

We strengthened our diverse talent pipeline by hosting early career fast-track events for female students and participating in cross-company "returnship" programmes.

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Parental leave policies have been strengthened in recognition of the importance of parental leave policies in achieving gender equality.

Female representation in senior management has increased to 33% (from 25% in 2015) and is now aiming for 35% female representation in senior management by 2023.

Source: Schroders news

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