CCEP reinforces its commitment to an inclusive workforce through support of two global gender equality initiatives
Action on Society |
Action on Society |
CCEP is included in the 2021 Bloomberg Gender Equality Index (GEI) for the first time
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.
Through disclosure of gender-related metrics using the GEI framework, CCEP has provided a comprehensive look at its investment in workplace gender equality and the communities in which it operates, raising the bar of what should be expected from other companies within the same industry. CCEP 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 of female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand.
“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.”
CCEP joins the UN Women’s Empowerment Principles (WEPs)
The Women’s Empowerment Principles (WEPs) are a set of principles offering guidance to business on how to promote gender equality and women’s empowerment in the workplace, marketplace and community. Established by UN Global Compact and UN Women, the WEPS are informed by international labour and human rights standards and grounded in the recognition that businesses have a stake in, and a responsibility for, gender equality and women’s empowerment.
By joining the WEPs community, CCEP has signalled its commitment to this agenda at the highest levels of the company and to work collaboratively to foster business practices that empower women. These include equal pay for work of equal value, gender-responsive supply chain practices and zero tolerance against sexual harassment in the workplace.
“We are proud to commit to these two important initiatives to drive gender equality at Coca-Cola European Partners (CCEP) and in the wider community. Supporting women throughout our business is a key priority; we have a target for at least 40% of leadership positions at CCEP to held by women by 2025, and are improving the gender balance in our talent pipelines through a range of training programmes and other initiatives. Our vision is to be an organisation where different life experiences and perspectives are valued, and empowering women is one of the very important ways we do this.”