LGBT-friendly companies outperform in the stock market, Credit Suisse says

 | 
12/01/2020

Companies more tolerant of differences in sexuality and gender identity have seen a stock-price boost as well, according to an analysis from Credit Suisse. The investment bank put together a list of what it calls the LGBT-350. There are companies either with openly lesbian, gay, bisexual or transgender senior managers and/or are voted LGBT+ inclusive employers in leading surveys. The top five companies are the same as in the S&P 500 — tech giants Apple AAPL, -0.95%, Microsoft MSFT, 0.25% and Alphabet GOOGL, 0.04%, online retailer Amazon.com AMZN, -0.56%, and social media company Facebook FB, -0.44%. The list is overwhelmingly U.S.-based, with Asian companies representing just 2% of its index.

Share this:

Latest Global News

Added on: 11/24/2024
11/23/2024
For the first time, scientists have identified genetic variations associated with human bisexual behavior — and found these markers are linked to risk-taking and …
Added on: 11/24/2024
11/23/2024
Cello music filled a sanctuary here on Wednesday night as the audience clutched blue or pink carnations in honor of Transgender Day of Remembrance. …
Added on: 11/24/2024
11/23/2024
Disturbing social media videos have revealed four young men being beaten and degraded by a mob in the Nigerian city of Benin, highlighting the …

Explore LGBTQ+ Issues

Other News from ,

Added on: 11/24/2024
Cello music filled a sanctuary here on Wednesday night as the audience clutched blue or pink carnations in honor of Transgender Day of Remembrance. …
Added on: 11/23/2024
Donald Trump announced today (Friday, Nov. 22) that he is nominating hedge fund executive Scott Besent, a top fundraising for the Trump campaign, to …
Added on: 11/23/2024
A housing program in Vancouver is ensuring that transgender and two-spirit people have a safe place to call home. CBC’s Caroline Chan stopped by …