LGBT

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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Corporations sponsor sexual orientation research study

Corporations sponsor sexual orientation research study

Big business names like Deloitte and General Electric are trying to become more LGBT friendly, as they are funding research that will study the challenges of gay, lesbian, bisexual, and transgender employees in multinational organizations.

Firms across all sectors- oil and gas, finance, consulting, insurance, pharmaceuticals, journalism, technology- are sponsoring research by the New-York based Center for Talent Innovation (CTI), which will examine the benefits of an LGBT inclusive workplace and will publish its findings in 2015.

Sponsored by 86 companies and chaired by household names like Deloitte, Ernst & Young, General Electric, Bank of America, Bloomberg, and Goldman Sachs, the research aims to make work life for LGBT staff more comfortable. Read more »

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Arizona Technology Council Signs Unity Pledge in Support of Diversity

Arizona Technology Council Signs Unity Pledge in Support of Diversity
State’s largest trade association for technology businesses to advocate for LGBT equality in Arizona

November 25, 2013 (Phoenix AZ) – The Arizona Technology Council, the state’s largest trade association for science and technology companies and a longtime leader of the technology community, has signed the UNITY Pledge and announced it would add issues of lesbian, gay, bisexual and transgender (LGBT) equality to its lobbying platform agenda.    Read more »

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A Victory for LGBT Health in the Americas

A Victory for LGBT Health in the Americas

Early in October, global health leaders in the Americas Region made a major step forward to improve access to and quality of health care for lesbian, gay, bisexual, and transgender (LGBT) persons. Read more »

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Murray: Gay rights a boon to business

Murray: Gay rights a boon to business

The U.S. Senate stood poised Wednesday to pass legislation that would outlaw workplace discrimination against gays and lesbians, with Washington Sen. Patty Murray pointing to her home state as demonstration that protection of rights is a boon to business and the economy.

The Senate did adopt an amendment, sponsored by two Republicans, designed to protect employers who are exempt from the Employment Non-Discrimination Act (ENDA) because of religious beliefs or affiliations. Read more »

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Gay CEOs urged to lead the way

Gay CEOs urged to lead the way

Does Christopher Bailey's promotion to CEO of Burberry signal a turning point in the visibility of gay people at the top levels of business ?

When Angela Ahrendts announced she was stepping down from Burberry and Christopher Bailey was named CEO, there was one topic du jour: whether Bailey, the brains behind the designs, could master the intricacies of running a business ?

The fact that there was very little discussion about Bailey, an openly gay man, taking the helm of a global company, highlighted some of the big steps made in workplace diversity.

However, activists point out there are still many lesbian, gay, bisexual and transgender (LGBT) employees who feel they can't be open about their sexual orientation at work. Read more »

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Credit Suisse launches gay-friendly company index

Credit Suisse launches gay-friendly company index

AFP - Swiss banking giant Credit Suisse has launched what it says is the first market index and portfolio based on gay-friendly policies.

The LGBT Equality Index ranks companies by how well they respect the rights of employees and other members of the lesbian, gay, bisexual and transgender (LGBT) community.

It currently covers 201 US-based firms, but Credit Suisse said it hoped to expand the index and associated investment portfolio, unveiled Monday in New York, to other countries.

The portfolio is currently only available to US-based private banking clients able to spend a minimum of $250,000 but could be open to smaller investors next year. Read more »

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Gay business summit fires giant laser rainbow over Hong Kong

Gay business summit fires giant laser rainbow over Hong Kong

Barclays, Goldman Sachs, Credit Suisse and others attend summit on LGBT business in Asia. Politicians and business leaders dinner ended in laser show turning HSBC building into rainbow flag.

Banking leaders are coming together today (24 October) for Asia’s first major LGBT business summit to boost diversity in the region.

Last night HSBC hosted a dinner for 130 guests, including business bosses and top politicians, ahead of the conference. It ended in a laser light finale turning their entire building into a rainbow flag.

Organizer Todd Sears told Gay Star News he wants the event to encourage everyone to come out – as LGBT workers, as allies and as companies who support gay, bi and trans equality. Read more »

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'Top 50 OUTstanding in Business List' Looks At LGBT Corporate Industry Leaders

'Top 50 OUTstanding in Business List' Looks At LGBT Corporate Industry Leaders

Lesbian, gay, bisexual and transgender (LGBT) professional executive network OUT-Standing In Business teamed up with The Financial Times this week to release a list of the 50 most powerful openly LGBT leaders in the corporate world.

The "Top 50 OUTstanding in Business List" compilation provides not only an interesting perspective into the role of LGBT individuals in the cutthroat business world, but also some of the most powerful and influential members of the LGBT community. Read more »

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Report Reveals That One Million African-Americans Identify As LGBT

Report Reveals That One Million African-Americans Identify As LGBT

A new report is shedding light on the growing number of individuals who identify as lesbian, gay, bisexual or transgender in the black community.

According to a recent study, there are more than one million African-American LGBT adults in the U.S. Of those individuals, 84,000 are in same-sex households with about 34 percent of couples raising children. These numbers come about a year after aGallup report that found African-Americans make up the largest share of the LGBT community.

The report highlights some key findings, including the fact that 58 percent of African-American LGBT couples are female, and the economic challenges many LGBT African-Americans face. Read more »

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