Pink Chip is the world’s first index that tracks the financial performance of women-led companies and aims to reverse the market bias against female leadership. The index highlights that firms led by women have outperformed the market average, signifying the aptitude of female CEOs and the results of their leadership in driving business performance.
On International Women’s Day Pink Chip joined UN Women NL at the opening of the stock market at Euronext and went live on Europe’s largest investing platform DEGIRO. Within two weeks of its launch there were over 14,500 new investors in Pink Chip companies which saw a 6.7% increase in their stock price. The index has since climbed a further 9.48% and outperformed market benchmarks.
Pink Chip receives a third Gold Lion for Data and Analytics in the Creative Strategy Lions category. The award celebrates the idea behind the idea and recognises strategy inspired by insightful analysis and interpretation of data, revealing business opportunities.