The Bloomberg Gender-Equality Index (GEI) tracks the financial performance of public companies committed to disclosing their efforts to support gender equality through policy development, representation, and transparency.
GEI was launched in 2018 as a sector neutral ESG reference index following the success of the Bloomberg Financial Services Gender-Equality Index (BFGEI), launched two years earlier. The 2023 GEI represented 484 global companies across 50 countries and regions.
EDGE Certification is one of the criteria included in the Bloomberg Gender-Equality Index.
For more information on the EDGE Certified Foundation and Bloomberg collaboration click here.
EPIC acts at the global, regional and national levels to support governments, employers’ and workers’ organizations, and other stakeholders to take concrete steps to reduce the gender pay gap. EPIC accelerates progress towards gender pay equity by raising awareness, sharing knowledge, embracing innovation and scaling up initiatives and programmes that have already yielded positive results. The Coalition also provides support to improve legislation, build capacity and strengthen monitoring and enforcement mechanisms.
By joining EPIC, the EDGE Certified Foundation can connect with like-minded organizations and policymakers dedicated to gender equality in the workforce, fostering collaboration and collective efforts towards closing the gender pay gap. The network serves as an invaluable extension of our existing network, facilitating the exchange of knowledge, research, and information with various stakeholders, that enables us to stay at the forefront of developments and regulations concerning equal pay.
Equileap is the leading organisation providing data and insights on gender equality in the corporate sector. The company researches and ranks 4,000 public companies around the world using a unique and comprehensive Gender Equality Scorecard™ with 19 criteria and 27 metrics, including the gender balance of the workforce, senior management and board of directors, as well as the pay gap, parental leave, and sexual harassment.
EDGE Certification is an approved gender audit for the Equileap Gender Equality Scorecard™ criteria by which companies are scored.
For more information on the EDGE Certified Foundation and Equileap collaboration click here.
This Gender Lens Initiative for Switzerland (GLIS) is a working group initiated by Sustainable Finance Geneva that supports the SDG5 in Switzerland through research, public-private partnerships, and product development.
EDGE Certified Foundation contributes to supporting the content and visibility of the working group in achieving its goals.
Our Founder, Aniela Unguresan, is a member of the International Gender Champions network.
International Gender Champions is a leadership network that brings together female and male decision-makers determined to break down gender barriers and make gender equality a working reality in their spheres of influence.
Champions represent leaders in their organizations, sign the IGC Panel Parity Pledge and make ongoing commitments to advance gender equality in their work.
PayAnalytics’ solution is an intuitive and easy to use compensation and workplace equity software for human resources practitioners, such as compensation managers, and consultants helping clients to reach pay equity. The pay equity analysis software is used in 75+ countries by employers of all sizes, from small businesses to global enterprises, wherever they are on their fair pay journeys.
The solution is built on over a decade of research and development by award-winning professors in statistics and management science, engineers, and human resources experts. Employers can use it to conduct an EDGE-compliant analysis of the Unexplained Gender Pay Gap (UGPG). You can also calculate and visualize any other demographic pay gap and leverage the Workplace Equity feature to better understand equity from a broad perspective, moving beyond fair pay alone. That includes diversity and representation among current employees, new hires, and employees who exit the organization, as well as demographic differences in raises and promotions.
PayAnalytics measures and visualizes unexplained pay gaps to give you the actionable insights you need. The solution provides recommendations on paths to close those gaps in the fairest possible way. PayAnalytics’ built-in tools help you understand the impact of hiring and attrition to ensure pay gaps don’t reappear.
PayAnalytics believes that pay is more than a number, and that the steps employers take now to address pay gaps pave the way for a fairer, more equitable organization in the future. In turn, they’ll attract and retain the talent they need to thrive in a fast-changing world.
Visit https://www.payanalytics.com for more information.
Launched in 1999, the Dow Jones Sustainability Indices (DJSI) were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide. The DJSI, jointly created by S&P Dow Jones Indices and SAM, combines the experience of an established index provider with the expertise of a specialist in sustainable investing to select the most sustainable companies from 61 industry sectors.
The EDGE Certified Foundation methodology powers many of the questions in the annual Corporate Sustainability Assessment (CSA) that forms the foundation for the DJSI. Specific EDGE questions appear in the following sections of the CSA:
- Corporate Governance
- Labor Practice Indicators
- Talent Attraction and Retention
- Occupational Health and Safety
S&P Global acquired the ESG Ratings Business from RobecoSAM in early 2020, which includes the widely followed CSA – an annual evaluation of companies’ sustainability practices.
For more information on the EDGE Certified Foundation and S&P Global collaboration click here.
Syndio is a proud intellectual and thought partner of EDGE Certification. Syndio solution has been independently validated as compliant with EDGE Certification requirements in pay equity analysis. Therefore, companies using the Syndio solution have a head start in becoming EDGE Certified by completing one of the four fundamental pillars of EDGE Certification which looks in addition to pay equity at representation, effectiveness of policies and practices to ensure equitable career flows and inclusiveness of the culture.
Syndio helps modern companies embed workplace equity into their core business so they can achieve enduring success.
Syndio identifies pay gaps in seconds and constantly measures employee opportunity and representation so companies can build diverse and dynamic teams throughout their entire organization.
Syndio’s two main products, PayEQ and OppEQ, allow employers to continuously monitor pay equity and help companies retain and promote employees equitably to help close pay gaps and increase diversity in the highest levels of their business. With a dedicated staff of proven leaders, data scientists, legal experts, and customer advocates, Syndio helps global companies promote, retain, and compensate employees without bias. The ability to measure and manage opportunity equitably opens the door for companies to establish workplace equity as a fundamental principle of running a successful business in the 21st century. Syndio was founded on the belief that organizations must do more than say employees are their most valuable asset. Using technology to empower, data to inform, and expertise to inspire, Syndio helps some of the world’s leading companies prove it — to employees, regulators, investors, and themselves.
For further information, please see https://synd.io/
Trusaic is a leading global enterprise workplace equity software provider focused on advancing social good in the workplace by solving HR’s most complex challenges across people, data, and compliance. Their mission is to create a better working world by helping organizations achieve pay equity, foster a more diverse and inclusive workforce, assist economically disadvantaged individuals with finding work, and ensure employee access to affordable healthcare. Trusaic currently works with more than 1,000 organizations across a wide range of industries.
Trusaic’s PayParity offers a powerful, data-driven approach to achieving pay equity in the workplace, combining human expertise with comprehensive tracking and analytics software, and “always-on” monitoring. PayParity provides pay equity auditing and ongoing pay disparity monitoring at the intersections of gender, race/ethnicity, age, disability and other critical factors. The solution includes risk identification, pay disparity tracking and trending, remediation strategy, analysis of compensation policies, cost/planning simulations, and identification of employee risk clusters. PayParity helps organizations address issues through improved transparency and concrete action plans crucial to creating authentic change.
Trusaic’s software solution has been independently validated as compliant with EDGE Certification requirements in pay equity analysis. Therefore, by completing one of the four fundamental pillars of EDGE Certification, organizations using Trusaic’s solution have a head start on becoming EDGE Certified, which in addition to pay equity, assesses representation, effectiveness of policies and practices to ensure equitable career flows, and inclusiveness of the culture.