UK: Lloyds Bank Tops Stonewall’s Inclusive Employer List

stonewall2Lloyds Banking Group has been named the most inclusive employer in Britain, by LGBT charity Stonewall, in its Top 100 Employers list for 2017.  

The banking firm, which came second in the 2016 list, launched a new colleague volunteering programme, forming official partnerships with LGBT charities. This includes trans youth charity Mermaids, elder LGBT organisation Opening Doors London, and the Albert Kennedy Trust for homeless LGBT youth, volunteering over 1,000 hours, and raising £30,000, for them throughout the year.

They’ve also supported Bi Awareness Day and Transgender Day of Visibility, with new training tools, social media campaigns, and by flying the bisexual flag and transgender flags at 35 of their key sites.

Law firm Pinsent Masons came second (up from fifth in 2016), followed by bank J.P. Morgan (41 in 2016).

The Top 100 Employers list, created by LGBT equality charity Stonewall, is compiled from submissions to the Workplace Equality Index, a powerful benchmarking tool used by employers to assess their achievements and progress on LGBT equality in the workplace.

This year saw 439 organisations take part in the Index, the highest number in its 12-year history. Each participant must demonstrate their expertise in 10 distinct areas of employment policy and practice, including networking groups, career development, training, and community engagement.

More than 92,000 staff from across these organisations also took part in an anonymous survey about their employers’ attitudes towards workplace culture, diversity, and inclusion, making it one of the largest national employment surveys in Britain.  This is an enormous increase from approximately 60,000 respondents in 2016.

Responses to the survey reveal that:

  • One in eight LGB people would not feel comfortable disclosing their sexual orientation to any managers or senior colleagues
  • One in five trans employees wouldn’t feel comfortable disclosing their gender identity to any colleagues
  • Almost half (43 per cent) of trans employees wouldn’t feel comfortable disclosing their gender identity to any customers, clients, or service users
  • Just 23 per cent of bi staff see bi role models at work, compared to 32 per cent of trans role models (according to trans respondents), 53 per cent of lesbian role models (according to lesbian respondents) and 63 per cent of gay male role models (according to gay male respondents)

António Horta Osório, Group Chief Executive, Lloyds Banking Group, said:

‘We are honoured to be recognised by Stonewall as the leading employer for lesbian, gay, bisexual and transgender people. Lloyds Banking Group is committed to supporting diversity in its workforce so that we can harness all of the qualities and talents of our colleagues to achieve our aim of helping Britain prosper.’

Karin Cook, Executive Sponsor for Sexual Orientation and Gender Identity commented:

‘We are delighted to be recognised as the leading employer for lesbian, gay, bisexual and transgender people in the Stonewall Top 100 list.  As part of our ongoing ambition to help Britain prosper, we are immensely proud to receive this accolade which demonstrates our ongoing commitment to diversity in our workforce by providing an inclusive and welcoming environment for everyone.’

Ruth Hunt, Chief Executive, Stonewall added:

‘Lloyds Banking Group is a trailblazer for lesbian, gay, bi and trans equality, and an example of a business that consistently ensures that all staff feel empowered and supported, no matter who they are.

‘We’ve learned over the last year that nothing is certain – and this extends to human rights. Corporate organisations have the power to influence this and protect LGBT people, and so it is reassuring to see so many private firms represented in our Top 10 and Top 100.

There are no media companies in the Top 100 Employers list, nor firms from the travel or construction sectors, and technology, retail and leisure and arts are all underrepresented.

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