Pride Month acts as a reminder for employers to take action to implement inclusive LGBTQ+ initiatives all year round.
A recent report by LGBT Great explored the impact visible role models can have on LGBTQ+ talent. Key findings include:
70% of LGBTQ+ talent agree or strongly agree that having visible LGBTQ+ role models at work helps improve confidence.
59% of trans and non-binary talent agree or strongly agree that their organisation does a good job of supporting trans and non-binary people.
LGBTQ+ talent was more likely to submit diversity data than non-LGBTQ+ talent across the following categories of demographic data: gender identity, sexual orientation, race and ethnicity data.
Recommendations for organisations include creating authentic visibility through:
Leveraging role models to help address knowledge and awareness gaps;
Encouraging the visibility of intersectional role models at all levels of the workforce; and
Empowering LGBTQ+ talent to help support the collection of diversity and inclusion data.
Creating an inclusive environment for LGBTQ+ employees is crucial for fostering a workplace that values diversity and promotes equality. The Investment Association’s following resources can assist employers with creating such an environment:
The Investment Association’s report ‘Bringing Our Whole Selves to Work’ includes experiences, observations, and recommendations from a group of LGBTQ+ people and allies working in the investment management industry.
The Investment Association’s report ‘Do You Remember The First Time?’ seeks to point to practical steps that companies can take to create a supportive and inclusive environment which attracts and retains the best LGBT+ talent.