In today’s workplace, diversity and inclusion are essential for a thriving, innovative, and socially responsible business. Stonewall’s Diversity Champions programme promotes LGBTQ+ inclusion, helping companies create inclusive environments. Let’s explore what it means to be a corporate diversity champion, highlight exemplary organisations recognized by Stonewall, and delve into why they stand out.
Promoting LGBTQ+ Inclusion
Stonewall’s Diversity Champions programme supports organisations in their journey towards LGBTQ+ inclusion. Companies receive personalized guidance and resources, including industry-leading tools, training sessions, workshops, and events. The programme offers tailored support to help organisations improve their practices and achieve their inclusion goals.
Benefits of Being a Diversity Champion: Enhancing Workplace Inclusion
Inclusive workplaces attract potential employees and enhance retention and productivity. Stonewall states that employees at inclusive companies are more likely to “go the extra mile” for company success. Companies supporting LGBTQ+ equality can tap into a loyal consumer base. For instance, 82% of allies prefer purchasing from companies supporting LGBTQ+ equality, and LGBTQ+ consumers are 25% more likely to stick with a brand despite price increases.
Challenges Faced by LGBTQ+ Employees
Despite progress, LGBTQ+ employees face significant barriers. Stonewall’s research shows one in ten LGBTQ+ people experience barriers to progression, one in eight don’t disclose their identity to colleagues, and one in five job searchers feel discriminated against. These statistics highlight the importance of initiatives like the Diversity Champions programme, which aim to create safe and encouraging environments for all employees.
Leading the Way in LGBTQ+ Inclusion
Several organisations have been recognized by Stonewall for their commitment to LGBTQ+ inclusion. These companies have demonstrated leadership in creating inclusive workplaces and are featured in Stonewall’s Top 100 Employers list. Here are the top five corporate diversity champions for 2024:
Linklaters: This global law firm tops the list for its comprehensive approach to LGBTQ+ inclusion. Linklaters has robust policies and practices, extensive training programs, employee resource groups, and a strong commitment to diversity at all levels.
De Montfort University: Known for its inclusive campus culture, De Montfort University supports LGBTQ+ students and staff with dedicated services, awareness campaigns, and inclusive policies.
HSBC UK: HSBC UK promotes LGBTQ+ inclusion within the financial sector with comprehensive diversity and inclusion strategies, mentorship programs, inclusive benefits, and active participation in LGBTQ+ events and networks.
Touchstone: As a provider of mental health and wellbeing services, Touchstone supports LGBTQ+ employees and clients with inclusive policies, ensuring equitable care and support.
Swansea University: Swansea University creates an inclusive academic environment with LGBTQ+ support groups, inclusive curricula, and policies promoting equality and diversity.
The Role of Corporate Leadership: Driving LGBTQ+ Inclusion
Corporate leadership is crucial for driving LGBTQ+ inclusion. Leaders who prioritize diversity and inclusion set the tone for the organization, improving employee morale and productivity, and enhancing the company’s reputation and financial success. Stonewall’s framework supports leaders in making meaningful changes.
Conclusion: Celebrating Corporate Diversity Champions
Being a corporate diversity champion means creating a workplace where everyone can thrive. Stonewall’s Diversity Champions programme offers invaluable support to organisations striving for this goal. By embracing LGBTQ+ inclusion, companies can drive commercial success, attract and retain top talent, and positively impact society. Let’s celebrate and support these diversity champions leading the way in creating inclusive workplaces for all.
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