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Article

26 Nov 2019

Author:
Open For Business

Report finds LGBT+ inclusive emerging market companies have higher proportion of international revenues

Representing the first-ever analysis of the financial impacts of LGBT+ inclusion on multinational companies headquartered in emerging markets, the report found a direct relationship between an emerging-market company’s support for LGBT+ inclusion and its ability to more effectively connect with global markets and supply chains. At the same time, findings from the report also demonstrated that fears about the possible negative impacts arising from the support for LGBT+ inclusion were unfounded.

The findings from this report have far-reaching implications for emerging-market companies looking to expand internationally: LGBT+ inclusion can be a key growth catalyst for them to achieve their global ambitions...

[T]he number of companies that have public policies against LGBT+ discrimination has doubled from 19 in 2015 to 37 in 2019...

The analysis found a direct relationship between a company’s support for LGBT+ inclusion and its ability to more effectively connect with global markets and supply chains...