Jerónimo Martins SGPS S A : Jerónimo Martins increases score in global gender equality index
January 26, 2022 at 10:27 am EST
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Score of 71.55%, up 6.5 p.p. compared to last year;
Index includes a select group of 418 companies (7 Portuguese) across 11 sectors and 45 countries.
The list of companies that made the Bloomberg Gender-Equality Index has just been released and, for the second year running, Jerónimo Martins is part of the select list of companies that have been included in this global gender equality index, having increased its evaluation comparing to last year.
Susana Correia de Campos, Head of Corporate Employee Relations at the Jerónimo Martins Group, points out that "being included in this index again attests to the consistency with which the Jerónimo Martins Group promotes gender equality. It is something we work on every day at the Group and we are proud to say that 68% of management positions are held by women."
The Bloomberg Gender-Equality Index's methodology includes two weighting factors: 30% for "disclosure" and 70% for "data excellence". For these two dimensions, the Group obtained an overall score of 71.55% (up 6.5 p.p. compared to last year), mainly as a result of its 98.4% for "disclosure" and around 80% for "equal pay and gender pay parity" and "anti-sexual harassment policies", two of the five dimensions assessed under the "data excellence" component. The index assesses over 70 metrics in total.
The 2022 edition includes a select group of 418 companies (7 of which Portuguese) across 11 sectors and 45 countries.
A continued commitment to gender equality
In 2021, the Jerónimo Martins participated in the first edition of Target Gender Equality, a programme designed for the members of the United Nations Global Compact aimed at accelerating gender equality in companies and promoting women's empowerment. Under this programme, the Group implemented the Women's Empowerment Principles Gender Gap Analysis, a tool that helps companies identify strengths and opportunities for improvement, and obtained a level of "Achiever" with a score of 65% (35 p.p. and 31 p.p. higher than the global and European averages, respectively).
Also in 2021, the Group conducted a "Gender Equality Survey" among all its employees, designed based on the guidelines of the Committee for Equality in Labour and Employment (CITE).
More information about the Jerónimo Martins Group's efforts to ensure gender equality is provided in the "2021-2022 Gender Equality Plan ".
More information about the 2022 Bloomberg Gender-Equality Index is available at https://brand.bloomberg.com/d/nKGYAwB33RBK/2021-gender-equality-index
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Jeronimo Martins SGPS SA published this content on 26 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2022 15:26:25 UTC.
Jerónimo Martins, SGPS, S.A.is a Group that holds assets in the Food area, mostly in Distribution, with market leadership positions in Poland and Portugal. In 2022, the Group recorded sales of EUR 25.4 billion, 69% of which in Biedronka, and an EBITDA of EUR 1.9 billion, with Biedronka accounting for 83% of the amount. The Group had a total of 131,094 employees and ended the year with a market capitalisation of EUR 12.7 billion on the Euronext Lisbon stock exchange.
In Poland, Biedronka, a chain of food stores is the undisputed leader in Food Retail and in 2022 continued to strengthen its market share. Also in Poland, Hebe operates in the Health and Beauty sector, managing a considerable assortment of products at competitive prices and an in-store consultation service.
In Portugal, the Group has a leadership position in Food Distribution. It operates the banners Pingo Doce and Recheio, which are market leaders in the supermarket and cash & carry segments, respectively. Pingo Doce is a supermarket chain that has a restaurant area in some of its stores. It has two central kitchens that supply not only these restaurants, but also its in-store takeaway operation. Recheio operates a chain of cash & carry stores and has strengthened its business model with a specialized delivery operation in food service, underpinned by dedicated platforms, which essentially serve HoReCa customers. Recheio also develops a network of Traditional Retail partners under the Amanhecer banner. Jerónimo Martins Agro-Alimentar currently operates in four distinct areas: dairy, livestock farming, aquaculture, and fruits and vegetables. The Group also operates two specialized chains, Jerónimo Martins Restauração e Serviços, which manages kiosks and coffee shops under the banner Jeronymo, and Hussel, a Specialized Retail chain that sells chocolates and confectionery.
In Colombia, Ara is a chain of proximity food stores, mostly set up in residential neighborhoods, offering quality at the best price and combining competitiveness with promotional opportunities in key categories for the Colombian consumer.