Euronav improves score in Bloomberg Gender-Equality Index

Euronav NV announces that it improved the Company’s score in its fourth consecutive inclusion in the Bloomberg Gender-Equality Index (GEI). The GEI provides transparency in gender-based practices and policies at publicly listed companies, increasing the breadth of environmental, social, governance (ESG) data available to investors.

Euronav is one of 380 companies across 11 sectors headquartered in 44 countries, that are included in this year’s index. The 380 companies earned at least a 50% Overall GEI Score and have a market capitalization exceeding at least USD 1 Billion. The Company’s score increased from 55.8% last year to 64.5% in 2021.

“We strive to create an inclusive, gender-equal work environment for all our employees, at sea and on shore”, said Hugo De Stoop, CEO of Euronav. “There is ample evidence that companies, and therefore society, benefit from gender equality. It is an important driver of diversity within Euronav, and is supported by policy development, representation and transparency.”

GEI Framework
Bloomberg’s gender-reporting framework equips companies with an international standardized disclosure method to measure and report gender data across multiple dimensions. Disclosures from companies included in the 2021 GEI provide a wide-ranging and comprehensive look at how companies around the world are investing in women in the workplace, the supply chain and in the communities in which they operate.

The reference index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand.

The GEI framework was created in partnership with industry-recognized subject matter experts from around the world and is reviewed annually to ensure alignment with global methodologies and relevant practices. Those companies that score above a globally established threshold, based on disclosure and data excellence components, are included in the annual index.
Source: Euronav