OAKLAND, Calif., Jan. 27, 2021 /PRNewswire/ -- The Clorox Company
today announced that it is one of 380 companies across 11
sectors included in the 2021 Bloomberg Gender-Equality Index (GEI).
The GEI expanded in 2021 to represent 44 countries and regions,
including firms headquartered in Indonesia and Bermuda for the first time. Companies range
from a variety of industries, including automotive, banking,
consumer services, engineering and construction, and retail.
"Gender equality makes us a better company," said Clorox CEO
Linda Rendle. "I'm proud that women
leaders make up 50% of Clorox's executive team since it's important
we represent the diverse consumers we serve around the world, the
majority of whom are women."
Added Rendle, "It's great to see Clorox in the Bloomberg Gender
Equality Index as it shows our strong commitment to inclusion and
diversity, including our ongoing focus on meaningful disclosure
that contributes to progress."
The GEI brings transparency to gender-related practices and
policies at publicly listed companies increasing the breadth of
environmental, social, governance (ESG) data available to
investors. The comprehensive, transparent GEI scoring methodology
allows investors to assess company performance and compare across
industry peer groups.
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 2020 GEI included 325 companies headquartered across 42
countries and regions. Clorox was also included in the 2018
and 2019 GEI.
"The companies included in the 2021 GEI are expanding the ESG
data universe to include gender-related data that investors are
demanding today," said Peter T.
Grauer, Chairman of Bloomberg. "Their commitment to
disclosure is making the business case for inclusion, and driving
transparency in the markets."
Through disclosure of gender-related metrics using the GEI
framework, the firms included in the 2021 GEI have committed to
providing a comprehensive look at their investment in workplace
gender equality and the communities in which they operate, raising
the bar of what should be expected from other companies within the
same industry. Clorox was included in this year's index for scoring
at or above a global threshold established by Bloomberg to reflect
a high level of disclosure and overall performance across the
framework's five pillars.
Both the framework and the GEI are voluntary and have no
associated costs. The GEI is a reference index and is not for use
as a financial benchmark. The index is not ranked. While all public
companies are encouraged to disclose supplemental gender data for
their company's investment profile on the Bloomberg Terminal, those
that have a market capitalization of USD1
billion are eligible for inclusion in the
index. To learn more, please visit the GEI
website and The Clorox Company website, which highlights its
IGNITE ESG goals, including commitments to advancing
gender equality.
The Clorox Company
The Clorox Company (NYSE: CLX) is
a leading multinational manufacturer and marketer of consumer and
professional products with about 8,800 employees worldwide and
fiscal year 2020 sales of $6.7
billion. Clorox markets some of the most trusted and
recognized consumer brand names, including its namesake bleach and
cleaning products; Pine-Sol® cleaners; Liquid-Plumr® clog removers;
Poett® home care products; Fresh Step® cat litter; Glad® bags and
wraps; Kingsford® charcoal; Hidden Valley® dressings and sauces;
Brita® water-filtration products; Burt's Bees® natural personal
care products; and RenewLife®, Rainbow Light®, Natural Vitality
Calm™, NeoCell® and Stop Aging Now® vitamins, minerals and
supplements. The company also markets industry-leading products and
technologies for professional customers, including those sold under
the CloroxPro™ and Clorox Healthcare® brand names. More than 80% of
the company's sales are generated from brands that hold the No. 1
or No. 2 market share positions in their categories.
Clorox is a signatory of the United Nations Global Compact and
the Ellen MacArthur Foundation's New Plastics Economy Global
Commitment. The company has been broadly recognized for its
corporate responsibility efforts, listed No. 1 on the 2020 Axios
Harris Poll 100 reputation rankings and included on the Barron's
2020 100 Most Sustainable Companies list and the Human Rights
Campaign's 2020 Corporate Equality Index, among others. In support
of its communities, The Clorox Company and its foundations
contributed more than $25 million in
combined cash grants, product donations and cause marketing in
fiscal year 2020. For more information, visit TheCloroxCompany.com,
including the Good Growth blog, and follow the company on Twitter
at @CloroxCo.
CLX-C
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SOURCE The Clorox Company