Bloomberg index recognizes our gender equality successes for the third year in a row

Recently, Bloomberg announced that TC Energy, for the third year in a row, was included in the 2020 Bloomberg Gender-Equality Index (GEI). The GEI recognizes companies committed to transparency in gender reporting and advancing women’s equality. The 2020 Index includes 325 global companies spanning 50 industries, headquartered across 42 countries and regions.

This year, Bloomberg expanded the eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions. TC Energy is one of 22 companies head-quartered in Canada to make the list and is one of 12 energy companies included.

Bloomberg’s standardized reporting framework offers public companies the opportunity to disclose information on how they promote gender equality. Reporting companies that score above a globally-established threshold, based on the extent of disclosures and the achievement of best-in-class statistics and policies, are included in the GEI. The reference index measures gender equality across five dimensions: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies and a pro-women brand.

Our strengths

“We are striving to ensure that women’s representation in our leadership ranks is equal to their representation in our workforce as a whole,” says Stan. We’re proud of the progress we’re making, today:

• 30% of our workforce is women;
• Women hold 27% of all our leadership positions, up from 22.5% in 2014; and
• Women hold 36% of our senior leadership positions, up from 15% in 2014.

It’s not only about the numbers. Bloomberg also noted our other strengths including:

• Strong employment practices to support the needs of a diverse workforce – for example, flexible work arrangements, maternity leave, and other leaves of absence
• Benefits such as paid adoption assistance
• Diversity compliance and unconscious bias training, which leaders and employees are required to take
• The number of women on our Board of Directors (three of 12)
• Programs to encourage diversity in our supply chain processes
• Community investment support and partnerships with organizations that promote gender equality -- for example, women in trade jobs, women in the energy industry, and women in leadership

“Having a work environment that promotes inclusion and equality contributes to our business success and drives innovation,” says Stan. “It helps us attract and keep the very best talent, engage effectively with our communities, and leads to better business decisions and outcomes. Investors and regulators value our efforts in this area as a measure of corporate responsibility and sustainability. This assessment from a credible third-party source shows we’re on the right track.”

More Information

About the Bloomberg Gender-Equality Index

Bloomberg’s 2020 Gender-Equality Index Press Announcement