In addition, Santander is the company with the second highest score in the world within this indicator, which recognizes excellence and commitment to equality.
This index rates companies based on several criteria that include pay equity, gender equality, integrity, female talent and leadership.
In 2022, 418 companies from 11 different sectors of activity with headquarters in 45 different countries became part of this index.
Madrid, January 26, 2022.
Banco Santander has the highest score in the financial sector and the second highest score among all companies analyzed by the 2022 Bloomberg Global Gender Equality Index (GEI), which recognizes excellence and commitment to equality. These results position the bank as one of the most progressive companies in the world in this regard. The index has become the seal of excellence for companies around the world that proclaim their commitment to equality and the advancement of women in the labor market through policy development, representation and transparency.
Anna Botín, President of Banco Santanderpointed out: “The Bloomberg Gender Equality Index sets an important benchmark for companies to evaluate their internal practices. Being part of the Index demonstrates our commitment to supporting gender equality and creating an inclusive environment for all of our employees.“.
In 2022, 418 companies from 11 different sectors of activity with headquarters in 45 different countries became part of this index. To compile this indicator, Bloomberg measures gender equality across five pillars: female leadership and talent pipeline, equal pay and equal pay for gender, inclusive culture, policies against sexual harassment, and pro-female branding. Each category is assigned a score from zero to 100, with 100 being the maximum score. Santander achieved a total score of 90.26%. The highest score was achieved in publication and improved in overall culture and policies against sexual harassment and in pro-women branding.
Regarding the 2025 commitments, Santander has launched equality programs and initiatives that seek to eliminate any salary gap among employees or increase the presence of women to at least 30% in managerial positions. Similarly, the group has set itself a goal of raising women’s representation on the board of directors to 40%, a goal it has already achieved.
The bank has developed a series of initiatives and products to empower women financially, including Prospera in Brazil, Banca Women in Argentina, Generación81 in Spain, Select ME and Tuiio in Mexico, programs that support thousands of women every day. Also of note is the launch of Spain’s first investment fund targeting companies that promote equality, adhere to the United Nations principles for the empowerment of women, and other programs that help accelerate the advancement of women in society, such as the “From Women to Women” mentorship programme, developed by the Bank with The Integra Foundation in Spain to support victims of gender-based violence or the Reencuentra program, which aims to help women who have given up their careers for family reasons to return to the labor market.Building an inclusive and diverse workplace is fundamental to Santander’s culture and values.
“We are proud to recognize Santander and 418 other companies that are part of the 2022 Girls’ Education Initiative for their commitment to transparency and setting a new standard in reporting gender-related data.“, She said Peter T. Grauer, Chairman of Bloomberg and the 30% Club of America. “Although the threshold for inclusion of greenhouse gases has increased, the list of members continues to grow. This is evidence that more companies are improving their gender metrics, which will allow them to create greater opportunities for diverse talent to succeed in their organizations.“, he added.