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A revolution in the boardroom: Why it pays to be gay [UK]

Author: Jerome Taylor, Independent [UK], Published on: 19 August 2008

…[M]ore than 430 companies, representing more than four million employees…have signed up to Stonewall's list of "gay-friendly employers". Those on the list actively recruit gay people and monitor the sexual orientation of their staff to ensure against silent discrimination...They are also expected to have clear and publicised policies for dealing with cases of sexual discrimination and encourage the promotion of openly gay staff on to the board or senior management team…[According to] David Shields, director of workplace programmes at Stonewall…"It simply doesn't make good business sense to have a reputation for being a workplace that is not open to gay and lesbian employees…” [refers to BMI, Coutts & Co. (part of Royal Bank of Scotland), Globe Radio, Goldman Sachs, IBM, ITV, Kleinwort Benson Private Bank, KPMG, Lloyds TSB, Pinsent Mason, 90TEN]

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Related companies: British Midland (BMI) Goldman Sachs IBM ITV KPMG Lloyds Royal Bank of Scotland