MEDA is pleased to invite companies to participate in a value creation opportunity. MEDA has launched a self-assessment tool that measures a company’s performance on gender equality through mainstreaming gender across environment, social and governance (ESG) standards. Ultimately, the tool assists companies to identify viable business opportunities that improve women’s inclusion.
What is the GEM self-assessment?
The Gender Equality Mainstreaming (GEM) self-assessment is a series of three surveys that provide companies with a snapshot of how they are performing on gender equality and women’s inclusion within business operations.
Why do the assessment?
MEDA and other industry players have found that increasing women as clients, staff, suppliers, managers, and board members can create sustainable long-term shareholder wealth. For instance, MEDA analyzed its investment partner’s 180+ portfolio companies and found a statistically significant positive financial outperformance for companies with above average female board membership. The GEM self-assessment assists businesses to identify these types of value creation opportunities that can improve a company’s standing in the rapidly evolving investment climate.
How to complete the assessment?
Companies can complete the GEM self-assessment through completing three online surveys. Each survey represents one of the three ESG standards. Each survey should take no more than 15 minutes to complete and should be filled out by the HR Manager or a member of the executive team.
Please note: The GEM self-assessment is currently undergoing beta testing. We expect to launch the final assessment tool in September 2017. Stay tuned!