Firstsource Solutions included in 2022 Bloomberg Genderâ€Equality Index

9 Feb 2022 , 09:45 AM

Firstsource Solutions Limited, a leading provider  of  Business  Process Management  (BPM)  services and an  RP‐Sanjiv Goenka  Group  company,  has  announced  its  inclusion  in  the  2022  Bloomberg  Gender‐Equality Index  (GEI).  The modified market  capitalization‐weighted  index  aims  to  track  the  performance  of  public  companies  committed  to  transparency in gender‐data reporting in 2022 and comprises 418 companies across 45 countries and  regions. 

The GEI framework scores companies against five pillars of gender equality: female leadership & talent  pipeline, equal pay & gender pay parity, inclusive culture, anti‐sexual harassment policies, and pro‐ women brand.

“This is a proud moment of validation for us. At Firstsource, we are committed to building an equal  and inclusive workplace and the GEI framework provides an important benchmark to measure and  improve against,” said Vipul Khanna, MD & CEO, Firstsource Solutions. “An inclusive, equal workplace  doesn’t only address a social imbalance, it creates diversity of thought leading to innovation and better  impact for any organization.”

“We are proud  to recognize Firstsource and the other 417 companies included in  the 2022 GEI  for  their commitment to transparency and setting a new standard in gender‐related data reporting,” said  Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club. “Even though  the threshold for inclusion in the GEI has risen, the member list continues to grow. This is a testament  that  more  companies  are  working  to  improve  upon  their  gender‐related  metrics,  fostering  more  opportunity for diverse talent to succeed in their organizations.”

A record number of companies disclosed their data for this year’s GEI by using the GEI Framework, an  increase of  20% year‐over‐year. This  demonstrates a growing commitment  to gender equality and  recognition  that  the  global  business  community  can  lead  the  charge  for  meaningful  change  by  committing to more transparent reporting and disclosure of social data.

Bloomberg collected this data for reference purposes only. 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  USD  1  billion  are  eligible for inclusion in the Index. 

At around 9:46 AM, Firstsource Solutions was trading at Rs147.60 apiece up by Rs1.35 or 0.92% on the BSE.