Global News | Jan 21, 2020

Avon recognised in Bloomberg Gender-Equality Index

Avon today announces its inclusion in the Bloomberg Gender-Equality Index

Avon today announces its inclusion in the Bloomberg Gender-Equality Index (GEI) which distinguishes companies setting an example to advance women in the workplace through measurement and transparency.

This is the second time Avon has been selected for the GEI, which recognises Avon’s commitment to creating opportunities for women to earn and learn.

Advancing economic participation for women has been part of Avon’s DNA for over 130 years. In 2019, Avon built on its existing foundations with more programmes to support its female associates, as well as launching stand4her, a global programme to create a better world for women, through women.

“We’re delighted that Avon has been included in the Bloomberg Gender Equality Index for the second year running,” says Angela Cretu, Avon’s Chief Executive Officer. “Empowering women is fundamental to our business mission and social purpose and we want to open up more opportunities for more women with Avon.  It’s always terrific for our efforts to be recognised and this benchmarking programme supports our commitment to continuous improvement.” 

“The 325 companies included in the 2020 GEI have shown their commitment to transparency and demonstrated leadership in gender-related data reporting,” says Peter T. Grauer, Chairman of Bloomberg.  “Disclosure of company statistics and practices is an important first step in supporting gender equality globally.”

In 2014 Avon launched its multi-year Global Women’s Strategy – making a conscious effort to raise the bar for female employees across its global organisation.  Through this data-driven strategy Avon has embedded a robust pay equity process, advanced a culture of flexible working, enhanced benefits and support for working parents and put in place programmes to help women fulfil their potential and move into roles or functions where women are not so well represented.

The GEI expanded in 2020 to represent 42 countries and regions, including firms headquartered in the Czech Republic, New Zealand, Norway, Philippines, Poland, and Russia for the first time. Companies range from a variety of industries, including automotive, banking, consumer services, engineering and construction, and retail.