Industry News

Scentre Group Included In 2022 Bloomberg Gender-Equality Index For Third Consecutive Year

Scentre Group is one of nine organisations in Australia and one of 418 globally to be included in the 2022 Bloomberg Gender-Equality Index (GEI), which measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies and pro-women brand.

Scentre Group’s 2022 GEI score of 75.88% is above the global average overall score of 71%. It is also above the REIT industry score of 68.52% (24 organisations).

Scentre Group Chief Executive Officer Peter Allen said he was pleased the company’s ongoing focus on diversity, equity and inclusion had been recognised globally through the index, contributing to greater investor understanding of our approach.

“I’m encouraged our score was above the global average and well above the REIT industry score. Our diversity, equity and inclusion strategy is fundamental to the way we operate as a responsible, sustainable business. It’s part of the Scentre Group culture and built into our DNA,” Allen said.

“Inclusion in the index again demonstrates the consistency of our approach and the progress we’re making to achieve gender equity across our business and to meet our 40:40:20 goal at all workplace levels by 2025.

Peter Allen, CEO Scentre Group

“In 2021, we implemented a range of initiatives to improve our gender representation through our approach to recruitment, development and policies. This included piloting an Emerging Female Leadership program.

“We understand that in creating and fostering a safe, inclusive and respectful workplace, we can be the place where talent can thrive. It helps us to maintain strong and positive employee engagement and retention and improve our productivity and performance as a business. It’s also critical in an environment where the competition for talent is fierce.

“We remain committed to gender equity in the workplace and transparency in our reporting and we will maintain momentum on our initiatives throughout 2022.”

Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club, Peter T. Grauer said: “Even though the threshold for inclusion in the GEI has risen, the member list continues to grow. This is a testament that more companies are working to improve upon their gender-related metrics, fostering more opportunity for diverse talent to succeed in their organisations.”

“We are proud to recognise Scentre Group and the other 417 companies included in the 2022 GEI for their commitment to transparency and setting a new standard in gender-related data reporting.”

About the author

Shopping Centre News

Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand.

Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.

Add Comment

Click here to post a comment

Notice: Undefined index: comment_cookie_gdpr in /opt/amaze/srv/live/app/www/wp-content/themes/herald/core/template-functions.php on line 28

Notice: Trying to access array offset on value of type null in /opt/amaze/srv/live/app/www/wp-content/themes/herald/core/template-functions.php on line 28

Advertisement

Advertisement