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6th August 2019

Third of FTSE 100 firms fail to include LGBT+ in annual report

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One in three FTSE 100 companies failed to mention LGBT+ diversity issues in their latest annual reports, according to new research, prompting campaigners to demand firms do more to promote diversity and inclusion.

An analysis of the 2018 annual reports of FTSE 100 companies by Involve found that 65 per cent contain some mention of LGBT+, up from 53 per cent in 2014.

However, 35 per cent make no reference to the issue.

The analysis also found that more than one in seven (17 per cent) of the firms who changed their Twitter logos to support Pride month in July did not mention LGBT+ in their annual report.

The research looked at the presence of LGBT+ in everything from imagery and policy statements to details of things done by the company, demographics and targets relating to diversity and inclusion.

Using LGBT+ role models within an organisation demonstrates that LGBT+ employees are championed and supported in the workplace, according to Involve. But just 2 per cent of FTSE 100 companies mention LGBT+ role models in their annual reports.

Our Global Business Development Consultant, Adrian Hyyrylainen-Trett, commented: “Failure to mention LGBT+ diversity issues in over a third of FTSE Companies is extremely worrying, especially as many campaigners and activists cite the importance of constant action throughout the year, rather than just using pride-themed logos or company paraphernalia for one month. For LGBT+ people it’s a lived experience for 365 days per year and this should be reflected in companies’ annual reports as a standing item for all organisations”.