1 BMO Global Asset Management ESG Viewpoint, ‘A focus on gender diversity”, March 2019
2 Low engagement levels and high levels of dissatisfaction may indicate increase in turnover rates, related costs and business continuity risks.
3 Later this year an ESG Viewpoint about our WDI-related engagement will follow. The WDI is an initiative to improve workforce data of listed companies, supported by more than 130 investors, with a combined AuM of around USD 15trn.
4 As of August 31st 2019 the DAX30 are: adidas, Allianz, BASF, Bayer, Beiersdorf, BMW, Continental, Covestro, Daimler, Deutsche Bank, Deutsche Boerse, Deutsche Lufthansa, Deutsche Post/DHL, Deutsche Telekom, E.on, Fresenius, Fresenius Medical Care, Heidelberg Cement, Henkel, Infineon Technologies, Linde, Merck, Munich Re, RWE, SAP, Siemens, ThyssenKrupp, Volkswagen, Vonovia, Wirecard.
5 between 125-320€ per unfilled position
6 E.g. Projektmanager (w/m/d)
7 MSCI ESG, ISS. Company data as at April 2019
8 e.g. acknowledgement of diversity benefits & own challenges, targets for board, c-suite and senior management, diversity concept broader than gender, anti-bias trainings, board responsibility for topic, sponsorship and mentorship programs, hiring procedures
9 e.g. flexible work arrangements, child care facilities, parent-kid offices, part-time for senior roles, job-sharing options, worldwide staff assignments
10 On Sep 5th, 2019 Thyssenkrupp had to leave the DAX30, and was substituted by MTU. Our analysis does not include MTU.
11 as of Sep 18th, 2019
Views and opinions have been arrived at by BMO Global Asset Management and should not be considered to be a recommendation or solicitation to buy or sell any companies that may be mentioned.
The information, opinions, estimates or forecasts contained in this document were obtained from sources reasonably believed to be reliable and are subject to change at any time.