LGBT-friendly companies outperform in the stock market, Credit Suisse says

 | 
12/01/2020

Companies more tolerant of differences in sexuality and gender identity have seen a stock-price boost as well, according to an analysis from Credit Suisse. The investment bank put together a list of what it calls the LGBT-350. There are companies either with openly lesbian, gay, bisexual or transgender senior managers and/or are voted LGBT+ inclusive employers in leading surveys. The top five companies are the same as in the S&P 500 — tech giants Apple AAPL, -0.95%, Microsoft MSFT, 0.25% and Alphabet GOOGL, 0.04%, online retailer Amazon.com AMZN, -0.56%, and social media company Facebook FB, -0.44%. The list is overwhelmingly U.S.-based, with Asian companies representing just 2% of its index.

Share this:

Latest Global News

Added on: 12/05/2023
12/04/2023
Nineteen states, including Nebraska, joined last week to oppose a proposed federal rule that aims to protect LGBTQ youth in foster care and provide …
Added on: 12/05/2023
12/04/2023
Transgender women with a history of violence against women and girls will not be held in female prisons – unless there is “compelling evidence” …
Added on: 12/05/2023
12/04/2023
“Gay or not gay, Uganda’s AHA is coming for you.” That is human rights lawyer Nicholas Opiyo’s description of the effects of Uganda’s Anti-Homosexuality …

Explore LGBTQ+ Issues

Other News from ,

Added on: 12/05/2023
Nineteen states, including Nebraska, joined last week to oppose a proposed federal rule that aims to protect LGBTQ youth in foster care and provide …
Added on: 12/04/2023
In a photo series titled “DESPERATE BELONGING,” one of the images features a figure in a qipao and black heels standing expressionless on the …
Added on: 12/02/2023
A tight-knit community in San Francisco has suddenly found itself divided over the ongoing conflict in Gaza, leaving some feeling cut off from the …