Several institutional money management firms have earned a 100% rating on the 2018 Corporate Equality Index, the Human Rights Campaign Foundation's 16th report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer workers.
The money managers that earned the 100% rating include BlackRock Inc., Capital Group Cos. Inc., The Carlyle Group LP, KKR & Co. LP, TPG Global LLC, Pacific Investment Management Co. LLC, Principal Financial Principal Financial Groupnt Co. LLC, PrincPrudential Financial and Prudential Financial Inc.
This is the first year Carlyle Group has participated in the survey.
"We believe that Carlyle is an industry leader in creating a diverse, inclusive and supportive workplace, including for our LGBTQ employees, and we wanted to measure ourselves using the gold standard: HRC's Corporate Equality Index," said Jay W. Sammons, New York-based managing director and head of the global consumer and retail team.
Carlyle's diversity and inclusion program includes a diversity and inclusion council since 2013; partnerships with organizations including Out for Undergrad, Sponsors for Educational Opportunity, and Women in Technology; and spousal and partner benefit parity.
Carlyle and the other money managers have company. A record 609 businesses across multiple industries spanning from tech startups to multinational banks, insurance companies and law firms earned the 100% rating this year, according to the report.
Companies earn 100% ratings by taking steps to ensure greater equity for LGBTQ employees and their families with non-discrimination policies, equitable benefits, education and internal accountability metrics, and public commitment to LGBTQ equality, according to the report.