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Vakrangee Limited included in 2021 Bloomberg Gender-Equality Index (BGEI)

Global recognition reflects the company’s commitment to further enhance its corporate governance and transparency standards. The company has achieved global recognition across various platforms for its superior ESG performance and long term business sustainability.

January 28, 2021 / 08:17 AM IST

Vakrangee Limited has been included and is now part of the Bloomberg’s 2021 Gender-Equality Index (GEI). The 2021 Bloomberg GEI comprises  380 companies across the world with a combined market capitalisation of USD14 trillion, headquartered in 44 countries and regions across 11 sectors. The average overall GEI score is 66 percent;  however Vakrangee has scored 70.86 percent. It reflects the company’s long-standing commitment to being a fully inclusive firm and to the women who make business successful every day.

The objective of GEI is to develop transparency when it comes to gender-related policies and practices at publicly listed companies who are contributing in the environmental, social and governance sector (ESG). With GEI transparent scoring methodology, it allows investors to assess company performance where you can compare across your industry peer groups. In order to measure gender equality, there are five pillars - female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand.

GEI

Vakrangee has always been a responsible and socially conscious company. Being one of the largest franchisee-based, multi-service retail network, Vakrangee is focused on creating India’s extensive network of last-mile retail outlets at every postal code in the country, enabling Indians to benefit from financial, social and digital inclusion.