Refinitiv and Satrix Launch Diversity and Inclusion Index for the Johannesburg Stock Exchange
Steve Jobs once said “#Innovation distinguishes between a leader and a follower”, and one celebrates innovative #leadership by Refinitiv, an LSEG business and Satrix Investments in their launch over the last 24 hours of their joint South Africa Inclusion and Diversity (I&D) index for the Johannesburg Stock Exchange (JSE).
Financial markets data and infrastructure firm Refinitiv and South African index-tracking solutions provider Satrix have designed the benchmark index for those seeking to put capital into companies which invest in, advocate for and actively promote #Diversity and #Inclusion across their business.
Refinitiv and Satrix hypothesised that companies which track, report and act on Diversity and Inclusion will outperform. Annualised five year returns derived for the new Inclusion and Diversity (I & D) Index, according to the company, are 6.56%. This compares to 4.65% for the Refinitiv #southafrica Total Return Index.
Better performance, underpinned by #diversityandinclusion, is #betterbusiness.
What can you be doing to accelerate your company's Diversity, #Equity and Inclusion journey?
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