companies

BP's Former CEO Explains Why LGBT Equality Makes Good Business Sense

BP's Former CEO Explains Why LGBT Equality Makes Good Business Sense

On 2 June 2013, I wrote an editorial in the Financial Times arguing the case for gay marriage. The House of Lords would vote on a measure legalising same-sex marriage the following day. I supported the bill as a pragmatic legislator, as a gay man and as a human being. But I also supported it because I am a businessman.

Business does not usually take a position on the institution of marriage. But, in my time as chief executive, I learned that any policy that fosters an inclusive environment makes good business sense. Paul Reed, my former colleague at BP and now a senior executive there, puts it best: "I don’t want people saving a quarter of their brain to hide who they are. I want them to apply their whole brain to their job." Read more »

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Top firms in China meet for first LGBTI business summit

Top firms in China meet for first LGBTI business summit

Top Chinese and western firms have met for a summit in Shanghai on how to support LGBTI workers, many of who are still in the closet.

Chinese companies often say they don’t know of any LGBTI staff – but now they are starting to tackle the issues.

The summit today (27 March), thought to be the first of its kind in China, brought together 120 people from around 100 companies, about 10% of which were Chinese.

Among them was HSBC, IBM and Chinese computer company Lenovo but 50 Fortune 500 firms were represented.

It was organized by Steven Paul Bielinski, who founded Shanghai LGBT Professionals just four months ago to create a better future for the countries gay, lesbian, bi and trans employees. Read more »

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Record number of U.S. firms offering same-sex benefits

Record number of U.S. firms offering same-sex benefits

It's been a record year for gay rights.

Not only did the Supreme Court overturn the Defense of Marriage Act, the law preventing same-sex couples from receiving federal spousal benefits, but hundreds of American corporations have been rallying for the cause, publicly supporting same-sex marriage and ramping up benefits and protections for lesbian, gay, bisexual and transgender employees.

Heading into 2014, a record 304 U.S. companies boast perfect "corporate equality" scores of 100 from the Human Rights Campaign, according to the LGBT advocacy group's new report examining more than 900 businesses on 40 different policies and practices. That's up from 252 perfect scores last year and 189 two years ago. Read more »

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NY official pushes feds to recognize gay marriages

NY official pushes feds to recognize gay marriages

ALBANY — New York state Comptroller Thomas DiNapoli is using the power of the state's $160 billion pension system to urge President Barack Obama to order federal agencies and programs around the country to recognize gay marriages performed in New York.

DiNapoli's idea is to adopt a “place of celebration" standard in federal government, meaning that gay marriages that take place in New York would be recognized even in states that do not permit them. It could be a big push in DiNapoli's effort to get major companies that do business with the state pension fund to adopt anti-discrimination measures when providing benefits for gay couples. Read more »

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Goldman Sachs to Microsoft's Support for Gays Pressures States

Goldman Sachs to Microsoft's Support for Gays Pressures States

Support for gay marriage by companies as varied as Goldman Sachs Group Inc., Microsoft Corp. and Starbucks Corp. is gathering steam to change policies in states that bar same-sex couples from tying the knot.

Two U.S. Supreme Court decisions on June 26 heartened supporters of the cause while showing an increased willingness of business to back the effort. In one case, more than 200 companies signed a brief against a federal law that denied benefits to same-sex couples. Five years ago, only a handful had lobbied against California’s Proposition 8 ban on same-sex marriages, the target of the high court’s other decision. Read more »

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Phoenix Gay & Lesbian Chamber Released Business Equality Survey

Phoenix Gay & Lesbian Chamber Released Business Equality Survey

PHOENIX (April 15, 2013)--Today the Greater Phoenix Gay & Lesbian Chamber of Commerce (GPGLCC) announced the results of its six-month survey measuring how equitably local business treat their Lesbian, Gay, Bisexual and Transgendered (LGBT) employees. Valley businesses with up to 500 employees, government agencies with more than 500 employees and local offices of larger companies were invited to participate. Nineteen employers scored a 100 on the survey and 45 scored an 80 percent or higher. In addition to publishing the results, the GPGLCC has produced a buying guide of companies that embrace diversity.  Read more »

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Apple, Google, Facebook Tell Supreme Court: Gay Marriage Is Good for Business

Apple, Google, Facebook Tell Supreme Court: Gay Marriage Is Good for Business

The biggest tech companies in the world are standing up for same-sex marriage, but not just as a matter of fairness. Apple, Google, Facebook, Amazon and Microsoft are just a few of hundreds of companies that have signed on to a brief filed with the U.S. Supreme Court arguing that federal same-sex marriage restrictions hurt their businesses.

In all, 278 companies joined to support the friend-of-the-court filing, among them some of the country’s biggest and most visible. Other tech companies listed as backers of the brief include Adobe, Cisco, eBay, Electronic Arts, Intel, Intuit, Oracle, Twitter and Zynga. Read more »

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To Snag Top Talent, Companies Come Out for Gay Rights

To Snag Top Talent, Companies Come Out for Gay Rights

As they seek to attract and keep top talent, more companies are coming out in support of gay rights.

More than 70 major businesses, nearly 40% of them Fortune 500 firms, made public statements supporting same-sex marriage or opposing gay-marriage bans over the last 18 months, according to a study set to be released Wednesday by the Washington, D.C.-based gay rights advocacy group, Human Rights Campaign. Read more »

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