IndexAmericas recognizes 10 companies in Latin America and the Caribbean leading in gender equality

03/26/2018

COMPLEMENTS THE INDEX OF THE 100 GLOBAL COMPANIES OPERATING IN THE REGION AND THE 30 MULTILATINAS LEADING IN SUSTAINABILITY AND DEVELOPMENT

MENDOZA, Argentina—IndexAmericas, the first corporate sustainability index created by a multilateral bank, publishes a new sub-index to recognize the 10 companies with operations in Latin America and the Caribbean most committed to gender equality. The announcement was made at a meeting on the financial inclusion of women and organized in parallel to the Annual Meeting of the Boards of Governors of the Inter-American Development Bank and IDB Invest.

These 10 companies are part of the 100 most sustainable companies within IndexAmericas. This new sub-index, which evaluates only gender issues, considers 20 criteria that are grouped into three pillars: the workplace, the market and the community.

The companies selected, in alphabetical order, are: Carrefour, Diageo PLC, Henkel AG & Co. KGaA, Intel Corp., Kering, Merck KGaA, Millicom International Cellular S.A. (US), Peugeot, Praxair, Inc., Repsol.

"The IndexAmericas gender sub-index is a strategic tool that could be used by all companies operating in Latin America and the Caribbean," explained Gema Sacristan, chief investment officer of IDB Invest. "It is an index aimed at companies that seek to improve their efforts in sustainability and gender equality."

IndexAmericas is the only index that incorporates development as a critical element in the sustainability of companies, in addition to environmental, social and governance assessment. It was created by the Inter-American Development Bank and its private sector arm, IDB Invest, in partnership with S-Network Global Indexes. This initiative is enhanced with Thomson Reuters data.

In the context of the Annual Meeting of the Boards of Governors of the IDB and IDB Invest held from March 22 to 25, the media company Latin Trade awarded companies with the highest score in the categories of environmental, social, corporate governance, development and multilatina, based on the methodology and results of IndexAmericas.

About the Inter-American Development Bank (IDB)

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.

About IDB Invest

IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, is a multilateral development bank committed to supporting the private sector in Latin America and the Caribbean. It finances sustainable enterprises and projects to achieve financial results that maximize economic, social and environmental development for the region. With a current portfolio of $11.6 billion under management and 330 clients in 21 countries, IDB Invest works across sectors to provide innovative financial solutions and advisory services that meet the evolving demands of its clients. As of November 2017, IDB Invest is the trade name of the Inter-American Investment Corporation.