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Refinitiv Announces the 2019 D&I Index Top 100 Most Diverse & Inclusive Organizations Globally

17 September 2019 Refinitiv

D&I Index measures relative performance against multiple factors that define diverse and inclusive workplaces.

Four South African firms are listed in the 2019 Diversity and Inclusion Index Top 100 – Woolworths, Mediclinic, Truworths and Foschini.

Industries leading this year’s index include 13 pharmaceutical firms; 11 banking, investment services & insurance; 9 telecommunications services; 7 personal & household products & services.

BlackRock - first to launch an ETF based on the D&I Index. The Matterhorn Group at Morgan Stanley - first advisory team to use the D&I Index as an investment tool.

Refinitiv today announced the 2019 Top 100 most diverse and inclusive organizations globally as ranked by the Diversity & Inclusion (D&I) Index. The index ratings are informed by Refinitiv’s Environmental, Social, and Governance (ESG) data, designed to transparently and objectively measure the relative performance of more than 7,000 companies representing 70% of global market cap across 400+ ESG data points, and provide clients with critical and differentiated insight.

The D&I Index is available on Refinitiv Eikon, as are the underlying diversity and inclusion metrics, which can be used to help financial professionals evaluate companies for long-term opportunities and risks in their investments, as well as empower diversity-lens investing strategies. The D&I Index utilizes innovative analytics to rate and score companies across 4 main pillars: Diversity, Inclusion, People Development and Controversies. Only companies with scores across all four pillars are assigned an overall score (the average of the pillar scores). The top 100 ranked companies with the best overall scores are selected for the Index.

“Congratulations to the 2019 D&I Index Top 100 most diverse & inclusive organizations globally. We are proud that our D&I index is being used as a guide to help firms across the globe create a workforce of diverse teams. We are equally proud that the D&I Index continues to serve as key driver for investors and analysts seeking to identify the companies that are getting this right, and helping them to make investment decisions that align with their values and the bottom line,” said Debra Walton, Chief Revenue Officer at Refinitiv. “The D&I Index also reflects Refinitiv’s own commitment to diversity and inclusion, data points which we track rigorously about our own company and which continue to drive our talent strategy to reach a minimum of 40% female representation in senior leadership roles globally, whilst continuing to support and promote an inclusive workplace that embraces diversity of every kind.”

The D&I index continues to receive recognition from industry analysts across the globe:

Larry Tabb, founder & research chairman at TABB Group, commented: “Diversity as a critical pillar of good governance is being increasingly used to manage investment selection. Those companies that have strong ESG aspects to their business tend to attract and retain employees and clients longer, which reduces turnover, costs and is very beneficial to the bottom line.”

Virginie O'Shea, research director at Aite Group, commented: “The continued industry interest in the D&I index reflects the increased investor appetite to invest in environmental, social, and governance related areas and the changes that are happening across all sectors of the capital markets. Some of the largest asset managers in the world have this year become much more active in engaging in shareholder voting on the issue of improving diversity and even the world’s oldest private banks have taken to the industry stage to discuss their investment strategies around ESG.”

Will Jan, vice president & lead analyst at Outsell, commented: “All eyes are on ESG data as the financial community becomes more vested in a sustainable future. One critical responsibility among ESG platform providers is to help investors understand the impact of D&I: While D&I is a long-term process, not a goal, the need for near-term returns on D&I investments remains very real. As such, metrics supporting various D&I benchmarking efforts have become more critical than ever in assessing the risk-vs-return in this market.”

Brad Bailey, research director, capital markets at Celent, commented: “Investors are moving from relatively simplistic screening approaches to the consideration of ESG factors throughout the investment process. There is an increasing amount of sophistication, by focusing investments on specific environmental or social themes and investing with the intention of generating positive social or environmental impact.”

“Our Diversity and Inclusion Index, now in its fourth year, recognizes the companies who are leading the way in imbedding diversity and inclusion into their business strategy and practices,” said Elena Philipova, global head of ESG at Refinitiv. “As ESG principles become commonplace around the world, many executives and investment professionals are looking at the implementation of ESG fundamentals, D&I being part of it — not as a ‘nice to have’, but as an essential lens for investment and strategy decision-making. Refinitiv remains fully committed to using our data assets, expertise and influence to champion the importance of diversity and inclusion in the workplace – including our own.”

For more information about the D&I Index (Methodology, Factsheet) please visit: https://www.refinitiv.com/en/financial-data/indices/diversity-and-inclusion-index

The D&I Index, launched in 2016, ranks the top 100 publicly traded companies globally with the most diverse and inclusive workplaces, as measured by 24 metrics across four key categories: Diversity, Inclusion, People Development and News Controversies. The Index is then calculated by weighing each metric based on importance in the market and how each company compares with its peers.

Top 25 Index ranking and their corresponding overall D&I percentage score (%):

Rank    Company                                                                     Score

1     Accenture PLC

                85.50

2     Diageo PLC

                82.25

3     Royal Bank of Canada

                79.25

4     Natura Cosmeticos SA

                79.25

5     BlackRock, Inc.

              78.50

6     Telecom Italia SpA

                78.00

7     Novartis AG

                77.75

8     Allianz SE

                77.50

9     Gap Inc

                76.50

10    Kering

                76.00

11    Infrastrutture Wireless Italiane SpA

                76.00

12    L'Oreal SA

                75.25

13    UCB SA

                75.25

14    HERA SpA

                75.00

15    Merck & Co., Inc.

                74.75

16    Thomson Reuters Corp

                74.75

17    Millicom International Cellular SA (SWE)

                74.75

18    Fiat Chrysler Automobiles NV

                74.25

19    Woolworths Group Ltd

                74.25

20    Bank of Nova Scotia

                74.00

21    Toronto-Dominion Bank

                74.00

22    Nestle SA

                74.00

23    Roche Holding Ltd.

                73.75

24    Acciona SA

                73.75

25    Star Entertainment Group Ltd

                73.75

SOUTH AFRICAN COMPANIES

 

63    Woolworths Holdings Limited

                69.75

63    Mediclinic International PLC

                69.75

82    Foschini Group Ltd                                                                                               

                69

82    Truworths International Limited

                69

For a complete list of the Top 100 Most Diverse & Inclusive Organizations Globally, please visit: https://www.refinitiv.com/content/dam/marketing/en_us/documents/reports/diversity-and-inclusion-top-100-companies.pdf .

To learn what top-ranked institutions are saying about the D&I index, please visit: https://www.refinitiv.com/content/dam/marketing/en_us/documents/reports/diversity-and-inclusion-quotes.pdf .

Eikon is a powerful and intuitive next-generation solution for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets’ community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Eikon is an open platform, customizable to the individual needs of a financial professional or institution.

Refinitiv provides innovative indices and index-related services to the global financial community to help investors make better decisions. Our index clients and partners rely upon the unparalleled breath, depth, global network and vast data and content sets that only Refinitiv can provide. Backed by the content, data, independence and global information network of Refinitiv, our indices and index services are designed to suit any need. For more information, go https://www.refinitiv.com/en/financial-data/indices.

Quick Polls

QUESTION

No developing economy has ever built a single-payer complementary NHI equivalent covering the entire population. NHI promises comprehensive care but it is also 100% free at the point-of-service. Is this practical?

ANSWER

It is doable but collaboration is key
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The only conclusion possible is that the private healthcare sector is not going to disappear or change
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