The Bloomberg Women’s Buy-Side Network works to elevate and support women in the asset management industry and inspire the next generation of women leaders. Launched in Singapore with additional chapters in Hong Kong, India, and Japan, the network draws on Bloomberg’s deep client relationships. In addition to helping establish the network, clients act as mentors and collaborators. In 2021, the network developed new chapters and held mentoring and training sessions in Australia, Brazil, New Zealand, and the United States, supporting women from diverse backgrounds to develop the networks and knowledge for early-career success.
Supporting Diverse Voices in Media
It is critical that diverse voices have the opportunity to contribute to reporting and analysis in news and media. Through a range of programs around the world, Bloomberg is helping to train promising and mid-career journalists from all backgrounds and opening opportunities for new voices in the field.
Since 2003, Bloomberg has led business and financial journalism education programs aimed at diversifying journalism and strengthening reporting. Across 16 initiatives, the effort has reached more than 21,000 promising students, as well as mid-career journalists, in 46 countries and 100 cities. This work includes the Bloomberg Media Initiative Africa, launched in 2014 to advance financial journalism and contribute to economic development in Africa.
In 2021, as part of efforts to train the next generation of journalists, employees from 14 Bloomberg News bureaus in Europe organized online information sessions for more than 1,775 students focused on managing their online presence and countering the spread of misinformation.
With instruction from Bloomberg journalists and experts in the field, the Journalism Diversity Program teaches students from diverse backgrounds best practices around reporting and editing focused on the economy, business, and markets. In 2021, the program hosted its largest group of students, expanding across the United States and the United Kingdom.
Expanding Access to Data and Technology
The Bloomberg team has a wealth of experience in using data and technology to solve problems and make a difference. Drawing on that expertise, the company supported students to unlock opportunity in an increasingly digital world and strengthened data use and analysis at partner organizations.
In 2021, through a variety of tailored initiatives, employees taught students from underrepresented groups coding, technical, and soft skills to help them succeed in the digital economy. Following programs in New York City and Frankfurt, employees in São Paulo launched the third annual class of Python coding training for high-achieving students from low-income backgrounds. Employees in New York and Hong Kong also organized “hackathons” to teach coding skills to students from underserved communities.
With Bloomberg Philanthropies and Bloomberg Associates, Bloomberg L.P. shared engineering and design expertise on a series of impactful projects, including continuing to support the Bloomberg Connects app for leading cultural institutions and helping Chicago create a dashboard on equity and inclusion in the city workforce.
Bloomberg Data For Good Exchange
In 2021, Bloomberg collaborated with J.P. Morgan in London to build upon the Data For Good Exchange (D4GX) initiative, with experts from both companies leading a week-long workshop series focused on helping nonprofit partners better leverage data to improve their effectiveness.
Bloomberg also launched a series of Data For Good Exchange events across India, in partnership with Dasra. The events convened more than 100 philanthropists, academics, government officials, and business leaders to discuss ways to work together to strengthen the data ecosystem for India’s development sector. This work also launched the D4GX India Empowerment Challenge to help accelerate promising early-stage innovations that serve the interests of India’s most vulnerable people.