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Launch in Europe of two stock market indices focusing on gender equality

2022-11-29T08:45:34.516Z


Several criteria such as equal pay or “gender balance” within the company are required for inclusion in this index.


The pan-European stock market operator Euronext announced on Tuesday the launch of two stock market indices focusing on gender equality, which will include 100 European companies for one and 40 French companies for the second.

Companies integrating these indices will be selected according to four categories of criteria: gender balance in management and staff;

equal pay and work-life balance;

measures promoting gender equality;

commitment, transparency and corporate responsibility.

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Based on these criteria, the data provider Equileap, partner chosen by Euronext, develops ratings for each company that will determine whether or not its inclusion in the index.

The index methodology also applies an exclusion policy towards certain activities, including controversial weapons as defined by the UN, tobacco or coal (if it represents more than 1% of the derived turnover) .

Among the 40 companies of the CAC 40, only 19 have obtained their right of entry into the French gender equality index.

These indices, which can be used to create portfolios and thus guide investments, are "

the first pillars of a larger family of indices that meet the challenges associated with

“promises Euronext in its press release.

Read alsoMarkets: stock market indices fall before the ECB

Since 2021, the operator has launched more than 30 new indices taking into account environmental, social or governance (ESG) themes, including the CAC 40 ESG on the Paris Stock Exchange.

Source: lefigaro

All business articles on 2022-11-29

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