From our hiring and retention practices to our support and development for women in our workforce – maintaining a diverse and inclusive workplace is core to how we do business. Today, we are honoured to announce that our efforts in this important area have been recognized with our inclusion in the Bloomberg Gender-Equality Index (GEI).
This marks the second consecutive year that ARC Resources (ARC) has been included in the index – an important measure that brings transparency to gender-related practices and policies at publicly listed companies and provides relevant environmental, social and governance (ESG) data for investors. The gender-reporting framework includes an international standardized disclosure method to measure and report on performance across multiple dimensions. Some of the key measures include female leadership and the talent pipeline, compensation, an inclusive culture, workplace harassment policies and equity factors like supply chain and external support for women in the community.
Over the past 25 years, we have taken great pride in building a high-performance culture rooted in our core values of respect, integrity, trust and community. We strive to build and support an environment that allows all individuals to excel, recognizing that bringing together people from diverse backgrounds will drive a stronger overall business. Our people are one of our best assets – it is through their innovation and hard work that we have grown into the organization we are today. It is a privilege to be included in Bloomberg’s Gender-Equality Index for another year, alongside more than 400 companies across 11 sectors in 45 countries.
As a member of the 30% Club, we aspire to achieve and maintain Board and executive composition with at least 30% women. In 2021, 42% of our Board roles were held by women which represents a 20% increase from 2020. Through our Diversity Policy, we are striving to increase the gender diversity of the Board and management team while ensuring the right people are in the right roles. Moving forward, we will continue to find opportunities to increase diversity in all its forms, across all levels of our organization.