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6 ASEAN companies in 2020's diversity and inclusion top 100: HomePro, SIA, Singtel, and more

6 ASEAN companies in 2020's diversity and inclusion top 100: HomePro, SIA, Singtel, and more

The companies that have been recognised are Thailand's Home Product Center PCL, Singapore's SIA and Singtel, and Malaysia's Digi, PETRONAS and Nestle Malaysia.

A total of 21 APAC-based companies, and six ASEAN-based companies, have featured in Refinitiv's 2020 top 100 most diverse and inclusive organisations globally as ranked by its Diversity & Inclusion (D&I) Index.

The full list of APAC companies represented in the list is given below:

refinitiv diverse apac companies

Alfred Lee, Managing Director, Asia Pacific at Refinitiv said: "We have seen encouraging progress among APAC firms in their efforts to increase workplace diversity and inclusiveness, with our data showing a 53% increase in the region’s board gender diversity over the last five years and a 78% increase in the number of APAC companies with an official flexible working policy during the same period.

"With investors and businesses paying more attention to D&I practices and disclosures in the region, we are confident that more APAC organisations will be taking the lead in embedding diversity and inclusion into their business strategy going forward."

The D&I Index is evaluated using 24 metrics across four pillars: Diversity, Inclusion, People Development and Controversies. Only companies with scores across all four pillars are assigned an overall score (the average of the pillar scores). The top 100 ranked companies with the best overall D&I scores are selected for the Index.

Industries leading this year’s D&I Index Top 100 are banking, investment services & insurance firms with a total of 18, followed by pharmaceuticals with 9 and telecommunications services, specialty retailers and personal & household products & services with seven respectively.

United States leads the Top 100 list with 20 firms followed by the United Kingdom with 13, Australia with nine and Canada and France with seven.

"Six ASEAN companies from Malaysia, Singapore and Thailand earned a place in this year’s D&I Index Top 100, with Thailand’s Home Product Center PCL leading the Southeast Asia region," noted Vernice Moh, Managing Director, ASEAN at Refinitiv.

"Our data also found that Malaysia and Singapore have seen an 89% and 88% rise in board gender diversity respectively over the last five years, which are among the largest increases in proportion of women on boards globally."

Leading the list are the following 10 companies:

  1. BlackRock - US
  2. Natura & Co - Brazil
  3. Accenture - Ireland
  4. Royal Bank of Canada - Canada
  5. Industria de Diseno Textil SA - Spain
  6. L'Oreal SA - France
  7. Allianz SE - Germany
  8. Telecom Italia SpA - Italy
  9. Novartis AG - Switzerland
  10. Bank of Nova Scotia - Canada

Lead image / 123RF
Table / Refinitiv

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