Zurich-based securities, payments and financial information services provider SIX announced today the launch of the SPI Gender Equality Index, tracking the development of Swiss equities based on their exposure to gender equality.
According to SIX, components for the new index are selected from the largest 100 companies of the Swiss Performance Index (SPI), and must have between 20% and 80% women in the board of directors and between 15% and 85% women in the management board. The index is equal weighted, and is available in both price and total return versions.
Marion Leslie, Head Financial Information and member of SIX Executive Board, said:
“The SPI Gender Equality Index is the first index of its kind for the Swiss market. In launching this index today, we are offering a transparent benchmark to measure gender diversity on Swiss companies’ boards and management committees.”