On one of the final days of 2018, Bloomberg News reporter Ben Bartenstein posted a 12-tweet thread that went viral.
“Half of the sources I quoted this year for @business were women,” he wrote. “That’s 337 in total, or about one a day. Unfortunately, it’s an anomaly in journalism & something I’ve failed at miserably in the past.”
Last week, I sat on a panel with Bank of America Vice Chairman Anne Finucane and Goldman Sachs Managing Director Dina Powell to discuss the state of gender equality in the workplace at Bloomberg’s annual ‘The Year Ahead Davos’. Our conversation focused on the financial imperative for representation across organizations – from the trading floor to the boardroom – and the key trends driving the evolution of equality. Following our productive discussion, I came away with four major factors catalyzing this change:
By Kiersten Barnet, Manager, Bloomberg Gender-Equality Index
This month, Bloomberg released the 2019 Gender-Equality Index (GEI), which includes 230 companies across industries that are committed to transparency in gender reporting and promoting equality. In my role as the head of the Index, I have had the opportunity to connect with business leaders from many of these organizations and gain a stronger insight into why companies report gender data and the value in participating.
New York and London, January 29, 2018 – Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2018, shattering the previous record set in 2017. Highlights included a wave of smaller corporate energy buyers aggregating their purchases, and the first corporate clean energy power purchase agreements in markets such as Poland.
Watch this video on how Bloomberg, Cox Enterprises, Gap Inc., Salesforce and Workday closed an all-new renewable energy aggregation deal with guidance from LevelTen Energy. This is the first example of companies aggregating similar, relatively small amounts of renewable energy demand to collaboratively enter into a virtual power purchase agreement (VPPA), collectively acting as the anchor tenant for a large offsite renewable energy project.
One common concern among corporate energy teams at midmarket businesses is that they don’t procure enough electricity or have enough lawyers to take on the risks of a power purchase agreement. That’s why five companies with varying levels of experience in renewable energy procurement are getting together to contract for about half the generating capacity of a 100-megawatt North Carolina solar farm.
Five global brands sign agreements for a joint 42.5 megawatt renewable energy deal, creating a new blueprint for renewable energy aggregation
NEW YORK, January 18, 2019 /3BL Media/ – Bloomberg, Cox Enterprises, Gap Inc.(NYSE: GPS), Salesforce (NASDAQ: CRM), and Workday (NASDAQ: WDAY), with guidance from LevelTen Energy and its renewable energy procurement platform, closed 42.5 megawatts of a 100 megawatt North Carolina solar pro
NEW YORK, January 18, 2019 /3BL Media/ — Today, Michael R. Bloomberg, the United Nations Secretary-General’s Special Envoy for Climate Action, announced the founding members of the Climate Finance Leadership Initiative (CFLI), convening six influential financial sector leaders to help facilitate the private financing objectives included in the landmark Paris Agreement. Mary Schapiro, Special Advisor to the Founder and Chairman and Vice Chair for Public Policy at Bloomberg LP, will act as Vice Chair of the CFLI.
Solar commitments declined 24% in dollar terms even though there was record new photovoltaic capacity added, breaking 100GW barrier for the first time
LONDON and NEW YORK, January 17, 2019 /3BL Media/– Global clean energy investment totaled $332.1 billion in 2018, down 8% on 2017. Last year was the fifth in a row in which investment exceeded the $300 billion mark, according to authoritative figures from research company BloombergNEF (BNEF).