Grupo Bimbo, the world’s largest baking company, announced that Bloomberg, a global leader in business and financial information and news, has integrated the bakery into its 2023 Gender-Equality Index (GEI). This marks Grupo Bimbo’s first index inclusion.
The GEI is a weighted, market capitalization index developed to measure the performance of public companies working on diversity, equity, and inclusion issues.
This year’s GEI included 484 companies from 45 countries and regions. The companies that make up the GEI 2023 come from many different sectors, with the largest majority representing the finance, technology, and public services industries.
This benchmark measures gender equality across five pillars: leadership and talent development, gender equality and pay parity, inclusive culture, policies against sexual harassment, and brand image.
Reflecting on Grupo Bimbo’s inclusion in this year’s index, Juan Muldoon, Chief People Officer and Chief Diversity Officer, commented: "For Grupo Bimbo, people are always the most important. They are at the center of everything we do. We hope that in all our workplaces, the associates find a safe place where they can reach their maximum potential by being themselves. Although there is still a long way to go, we have taken significant steps, such as the completion of more than 150 Global Seminars on Diversity, Equity, and Inclusion, impacting more than 23,000 associates. We have also promoted the methodology of the Leadership Circles program, which involves more than 400 women from the organization."
Grupo Bimbo works daily to create an environment of diversity, equity, and inclusion. With this goal in mind, the bakery instituted an office focused on DEI issues, in order to better promote and monitor strategies in this area. The office is divided into five pillars: risk management, knowledge and awareness, talent management, operation integration, and market integration.
Grupo Bimbo recognizes that diversity enriches, equity promotes, and inclusion strengthens. The company strives to be reflective of the communities it serves as well as a place where the dignity, talent, knowledge, and experience of all employees are celebrated.
To be considered for inclusion in the Bloomberg 2023 GEI, Grupo Bimbo completed a social survey created by Bloomberg in collaboration with experts worldwide. The company’s inclusion signifies that it exceeds global minimums set by Bloomberg relating to its disclosure and compliance or adoption of the best practices and policies in diversity, equity, and inclusion.
To learn more about Bimbo Group’s Diversity, Equity, and Inclusion strategy, go to: https://grupobimbo.com/en/sustainability/for-life.
To learn more about GEI, go to: https://www.bloomberg.com/gei.