- Lloyds Banking Group listed as one of the Top Employers for trans staff in Stonewall’s Top 100 LGBT-inclusive employers
- Citi climbs 23 spots to enter the top 10 (8) for first time
- Bank of America Merrill Lynch and Virgin Money PLC also new entries
Eight organisations from the banking and finance sector have made the Top 100 Employers list, compiled by lesbian, gay, bi and trans equality charity Stonewall.
Stonewall’s annual review has this year, for the first time ever, marked employers specifically on trans inclusivity, in addition to their work on lesbian, gay and bi inclusive policies.
Famously named the most inclusive employer in 2017, Lloyds Banking Group places this year at number five, but receives special recognition as one of Britain’s best employers for trans and non-binary staff. Other entrants include Citi at number eight (31 in 2017), J.P. Morgan at 39 (3 in 2017), and RBS at 83.
Over the past year, Lloyds has introduced numerous measures to improve their workplace for trans staff. This includes: extending private healthcare to include treatment and support for trans colleagues, as well as conducting face-to-face trans awareness sessions.
Karin Cook, Lloyds Banking Group Executive Sponsor for Sexual Orientation and Gender Identity, said: ““We are proud to be recognised by Stonewall as a leading transgender (trans*) inclusive employer. We work hard to ensure that our transgender and non-binary colleagues feel able to be themselves and reach their full potential, as well as striving to improve our services and interactions for our trans* customers.
However, we do not want to stop here and recognise there is still more to do. That is why we are working in partnership with the trans* community to ensure we provide a welcoming and inclusive environment for all.”
Citi entered the top 10 for the first time after rising 23 spots to number eight in this year’s list.
Bob Annibale, Global Director, Citi Inclusive Finance and Community Development & Global Co-Lead of Pride Affinity, said: “We are proud that Stonewall has ranked Citi as one of the top ten employers in their Workplace Equality Index and we value the powerful benchmarking tool and best practices that they share, as it has informed us in our strategy to further support LGBT equality at Citi and in the community.”
New entries include Bank of America Merill Lynch at number 56 and Virgin Money PLC at number 95. Also making the list from the banking and finance sector are J.P. Morgan (39), RBS (83), Macquarie Group (86), and Credit Suisse (93).
More than 400 employers were in contention to get a coveted spot in this year’s Top 100 LGBT inclusive list. To mark the new trans-inclusive focus of the Top 100, Stonewall has also named Britain’s top trans-inclusive employers, who have gone above and beyond to ensure trans staff feel accepted.
This comes at a time when trans and non-binary people are facing a daily onslaught of abuse both in their private lives and in the public sphere.
Earlier this month, Stonewall released research that showed half of trans people (51 per cent) have hidden their identity at work for fear of discrimination or abuse and that one in eight trans employees (12 per cent) have been physically attacked by colleagues or customers in the past year.
Full results of the Top 100 Employers list can be found online at: http://www.stonewall.org.uk/top-100-employers-2018