Avon Products Inc. recently announced its inclusion in the Bloomberg Gender-Equality Index (GEI).
The GEI 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 recognizes Avon’s commitment to creating opportunities for women to earn and learn.
In 2019, Avon built on its existing foundations with more programs to support its female associates, as well as launching stand4her, a global program 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,” said 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 recognized and this benchmarking program 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,” said 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 organization. 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 programs to help women fulfill their potential and move into roles or functions where women are not so well represented.
