January 19, 2017 / 1:05 PM / in a year

Lloyds bank named Britain's best employer for LGBT people

LONDON (Thomson Reuters Foundation) - Lloyds Banking Group was named on Thursday as Britain’s best employer for lesbian, gay, bisexual and transgender (LGBT) people in a nationwide workplace equality index, followed by law firm Pinsent Masons and J.P. Morgan bank.

People walk past a branch of Lloyds Bank on Oxford Street in London, Britain July 28, 2016. REUTERS/Peter Nicholls/File Photo

The Top 100 Employers list by the rights charity Stonewall ranks organisations in Britain based on answers from employees about culture, diversity and inclusion in the workplace.

Stonewall praised Lloyds, which came second in the last year’s index, for featuring a same-sex marriage proposal in their advertising and becoming the first UK-owned company to extend private healthcare policy to transgender people.

“Lloyds Banking Group is a trailblazer for lesbian, gay, bi and trans equality,” Ruth Hunt, Stonewall’s chief executive, said in a statement.

Lloyds Banking Group Chief Executive António Horta Osório said the company was committed to supporting diversity in its workforce “so that we can harness all of the qualities and talents of our colleagues”.

According to the survey, one in eight lesbian, gay and bisexual people would not feel comfortable disclosing their sexual orientation to managers or senior colleagues.

It was even higher among transgender employees with one in five stating that they would not feel comfortable disclosing their gender identity to any of their colleagues.

More than 92,000 employees from 439 organizations - the highest number in the index’s 12-year - took part in the survey which serves as a tool for employers to evaluate their progress on LGBT equality.

Reporting by Magdalena Mis @magdalenamis1; Editing by Katie Nguyen. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers humanitarian news, women's rights, trafficking, property rights, climate change and resilience. Visit news.trust.org

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