Business

UK Regulator – Guidance on LGBTQ+ corporate disclosures

UK Regulator – Guidance on LGBTQ+ corporate disclosures

(Reuters) – Companies should set clear policies and targets to nurture their next generation of LGBTQ+ leaders and diversify the workforce, Britain’s corporate governance regulator said on Wednesday. The Financial Reporting Council (FRC) enforces Britain’s corporate governance code, and set out what it describes as the first recommendations by a regulator, on disclosing diversity policies […]

Transgender people see hope in tech world

Transgender people see hope in tech world

As a transgender woman living in Russia, where LGBT+ people often face abuse and state repression, Chloe Golovleva said she felt like an animal trapped in a cage. “There was no life for me,” she told the Thomson Reuters Foundation. Two years ago, Golovleva left Russia, and sought asylum in Argentina, where trans people have […]

US: Gay former Goldman exec Chavez on diversity on Wall Street

US: Gay former Goldman exec Chavez on diversity on Wall Street

(Reuters) – Former Goldman Sachs Group Inc executive, Marty Chavez, said on Tuesday [that] Wall Street’s position on diversity has evolved since he started at the mega-bank, in the 1990s. Chavez, who is Latino and openly gay, said he hesitated when he was first offered a position on Wall Street, fearing Goldman Sachs might see […]

From Wall Street to Silicon Valley, LGBT+ investment on the rise

From Wall Street to Silicon Valley, LGBT+ investment on the rise

When Michele Bettencourt stepped down as chief executive of a billion-dollar cyber-security firm, to begin her transition from male to female, she thought her career was over. Two years later, Bettencourt is not only living as a transgender woman, but she was also named chairwoman of the board of directors for an up-and-coming tech company.

LGBT+ entrepreneurs struggle for funding

LGBT+ entrepreneurs struggle for funding

Struggling to find funding, technology entrepreneur, Bobbie Racette, was told by one investor to downplay her sexuality. “You don’t need to tell us that you’re LGBT,” she was told. “We can just leave that out of your pitch deck.”

US: Corporate giants condemn anti-LGBT laws

US: Corporate giants condemn anti-LGBT laws

From discriminatory adoption laws to denial of transgender healthcare, a rising number of US corporate giants are joining forces to protest about a slew of anti-LGBT+ state legislation. American Airlines, hotel giant, Marriott International, and footwear maker, Nike, were among 36 firms that spoke out this week, against a law allowing adoption agencies to turn […]

Goldman Sachs sued for anti-gay bias

Goldman Sachs sued for anti-gay bias

(Reuters) – A former Goldman Sachs Group Inc vice president has renewed his lawsuit, accusing the Wall Street bank of firing him after he complained about being discriminated against because he was gay. William Littleton filed his complaint in Manhattan federal court on Tuesday, consolidating New York and federal civil rights claims he had previously […]

Mexico: Firms growing more LGBT+ friendly – Report

Mexico: Firms growing more LGBT+ friendly – Report

The number of Mexican companies with LGBT+ friendly work policies nearly doubled in the past year, a leading rights group reported on Thursday, showing the influence of U.S. corporations on local business partners to support gay and trans workers. The number grew to 120 from 69 the previous year, according to the annual Equidad MX […]

US: Goldman Sachs internal campaign on use of gender pronouns

US: Goldman Sachs internal campaign on use of gender pronouns

(Reuters) – Goldman Sachs Group Inc (GS.N) said on Friday it has launched an internal campaign to promote awareness about pronouns and how employees self-identify. In a blog post, Goldman listed “tips for being an inclusive ally”, and advised that employees should not assume a colleague’s pronoun or pronouns based on gender.

‘We stand and we resist’ – Brazil’s first LGBT+ bank

‘We stand and we resist’ – Brazil’s first LGBT+ bank

The head of Brazil’s first bank for gay and trans people said on Thursday that he aimed to tap into an overlooked market, combat prejudice, and support social issues that matter to LGBT+ people. Marcio Orlandi Jr., chief executive of Pride Bank, which launched in beta testing mode this week, said other banks were failing […]