HRC releases 2020 Corporate Equality Index
WASHINGTON — The Human Rights Campaign (HRC) released their annual Corporate Equality Index this week, saying the largest number of companies yet had gotten a perfect 100.
Of the Illinois companies getting a perfect score, the only outside of the Chicago metropolitan area was State Farm Insurance in Bloomington.
“These companies know that protecting their LGBTQ employees and customers from discrimination is not just the right thing to do — it is also the best business decision. In addition, many of these leaders are also advocating for the LGBTQ community and equality under the law in the public square,” said HRC President Alphonso David in a press release. “From supporting LGBTQ civil rights protections in the U.S. through HRC’s Business Coalition for the Equality Act, to featuring transgender and non-binary people in an ad in Argentina, to advocating for marriage equality in Taiwan — businesses understand their LGBTQ employees and customers deserve to be seen, valued and respected not only at work, but in every aspect of daily life.”
More than 260 top businesses — including 191 that earned top scores on the CEI — are also corporate supporters on the Equality Act, bipartisan legislation that would finally add non-discrimination protections for LGBTQ people to the country’s civil rights laws.
Other key findings revealed in the 2020 CEI:
- The 686 companies who earned a 100 on the CEI represent 12.4 million employees nationally, 11.9 million globally and earn a combined estimate of $12.9 trillion in revenue.
- Eighty-three companies participated in the CEI for the first time in 2020 with 36 debuting at a score of 100 — including Etsy Inc., Peloton Interactive Inc. and Stop & Shop, and Warner Music Group.
- Of all Fortune 500 companies, 93% have sexual orientation in their U.S. non-discrimination policy, and 91% have gender identity.
- The average CEI score for all Fortune 500 companies increased from 67 to 71 in the past year — with actively participating Fortune 500 companies having an average score of 90, up from 88 last year.
The full report can be read here.