Today, Bloomberg’s sustainability initiatives are built into our everyday lives at work. Our coffee cups are compostable. Lights and screens shut down when not in use. Our printers default to double-sided printing, and most office paper has recycled content. But just ten years ago, our global offices looked very different.
By identifying areas of opportunity across the company to decrease our environmental impact, we’ve been able to make our company more efficient and resilient, while transforming our culture and avoiding $116 million in operating costs.
May 1, 2019 /3BL Media/ The submission period for the 2020 Bloomberg Gender-Equality Index (GEI) opened today to more public companies around the world than ever before. Now in its third year, the GEI recognizes companies that are committed to transparency in gender reporting and offer best-in-class policies and practices in support of women in the workforce. Nearly 6,000 companies in 84 countries will have the opportunity to disclose their data using Bloomberg’s gender reporting framework.
More than 2,000 Bloomberg employees dedicated 17,370 hours of hands-on action supporting local greening efforts in 33 cities around the world in 2018. Bloomberg employees were dedicated to preserving and restoring our local green spaces throughout the year. In Sydney, nearly 80 employees contributed almost 200 volunteer hours to the Royal Botanic Garden’s Community Greening Project, which improves social cohesion and public health and reduces crime through communal gardening projects.
In partnership with the Sierra Club, we have helped to close more than half of U.S. coal power plants – 286 out of 530, and counting – since 2011. Recently, we set a new goal of retiring every remaining U.S. coal plant by 2030. And we are launching an ambitious new stage of the campaign called Beyond Carbon. It is a grassroots effort to help move America as quickly as possible away from oil and gas and toward a 100 percent clean-energy economy.
Women ascending the career ladder often need sponsorship, and that can sometimes mean sponsorship from an influential male leader. Bloomberg Chairman Peter Grauer tells Fast Company why it's important at Bloomberg, and how a diverse and inclusive population is crucial for the quality in decision making, execution, and ultimately performance.
At Bloomberg, sustainability considerations are integrated into everything we do – from the way we operate our business and develop our products to giving back to our communities.
In fact, many of our sustainable projects begin with an employee’s idea. No idea is too small or too big to rally for support. Whether it’s drinking from a re-usable water bottle or installing solar panels, our company is a place where smart sustainable ideas can be put into action.
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Bloomberg's Global Head of Sustainable Business & Finance Curtis Ravenel joined Nasdaq's Tomorrow's Capital Podcast and discussed the mainstreaming of ESG, the future of the industry and our work on the FSB Task Force on Climate-related Financial Disclosures (TCFD). Listen to the full episode here.
There’s little question that women are underrepresented in the global media sector. While companies say they are improving on this, a quick flipping of the channels on cable television often reveals man after man after man at the anchor desk—particularly in the business and finance media world. Women continue to chip away at that glass ceiling, and of course, more have entrenched themselves into leadership positions at top global companies.