NN Group included in 2021 Bloomberg Gender Equality Index

It was announced today that NN Group is included in the 2021 Bloomberg Gender Equality Index (GEI). The 2021 Index represents 380 global companies that are committed to transparency in workplace gender reporting. The companies in the index cover 11 sectors, and are headquartered across 44 countries and regions. 

The case for fostering an inclusive environment

Each year, the GEI continues to grow as companies recognise the business case for fostering an inclusive environment.  

Bloomberg’s chairman Peter T. Grauer states: ‘As companies continue to grapple with the Covid-19 pandemic, the “S” in environmental, social, governance (ESG) data has become more important than ever before. Companies that provide an inclusive environment supporting work-life balance and flexible work arrangements will eventually succeed in retaining a talented workforce and gain a competitive advantage in a business environment that has been significantly altered, possibly forever.’ 

Diversity at NN

NN Group is committed to a gender balanced workforce across all functions, with specific attention paid towards (senior) management roles. We support initiatives that stimulate an open, insightful dialogue. In 2020 we launched the Wo{men}talk series and we continued to partner with initiatives outside our company, such as TEDxAmsterdamWomen. We also further sharpened our goals: we aim for 50% female candidates in recruitment for management roles, and we focus on 40% women in senior management positions. We continue to strive for further improvement in this area.  

Dailah Nihot, member of the Management Board NN Group: 'Diversity is high on our company’s agenda, and this is reflected in the recently launched NN Statement on Diversity and Inclusion. Our approach to diversity is simple. It is about embracing everyone. Together we build an environment in which people feel welcome, valued, and respected. A company where our colleagues can bring their whole selves to work, where an inclusive customer experience is the status quo, and where we contribute to the well-being of our communities.’ 

The topic of gender pay is also high on the agenda of NN Group. Developments and internal assessments in this area are regularly discussed with our Management Board and our Supervisory Board. NN Group periodically conducts research into gender pay across all business units. This includes equal pay statistical analysis in the Netherlands. During this analysis we found -when comparing similar compensation grades and job profiles- that gender does not influence pay. Certain areas for improvement were also identified. We see for example, that in general female employees are underrepresented in the higher pay grades. Mid 2020 the Management Board announced the objective to have 40% of the senior management positions filled by women by 2023.

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