Climate Change Data

Out Leadership

Climate Impact & Sustainability Data (2024-01 to 2024-06, October 2023)

Reporting Period: 2024-01 to 2024-06

Environmental Metrics

ESG Focus Areas

  • LGBTQ+ equality
  • Board Diversity
  • Transgender Equality
  • Marriage Equality
  • Self-ID
  • Corporate Social Responsibility

Social Achievements

  • Published the annual State LGBTQ+ Business Climate Index, providing insights into LGBTQ+ equality across US states.
  • Published 50 State CEO Briefs offering state-specific guidance on LGBTQ+ issues.
  • Published Country CEO Briefs for various countries, providing insights into LGBTQ+ issues globally.
  • Published LGBTQ+ Board Diversity Guidelines for Hong Kong, providing a blueprint for inclusive board policies.
  • Published the second edition of The Business Leader’s Guide to Trans Equality in the US.
  • Hosted various summits and events bringing together LGBTQ+ leaders and allies.
  • Launched NEXUS LGBTQ+, a platform connecting LGBTQ+ ERG leaders.
  • Published a white paper, “The LGBTQ+ Employee Lifecycle: What’s Missing?”
  • Published 25 weekly editions of OutNEWS, reaching over 20,000 subscribers.

Governance Achievements

  • OutQUORUM initiative promoted LGBTQ+ board leadership, resulting in increased inclusion of LGBTQ+ in board diversity metrics.
  • Developed BoardFit program to prepare LGBTQ+ candidates for corporate boards.

Climate Goals & Targets

Environmental Challenges

  • Decline in the political, social, and economic standing of LGBTQ+ Americans.
  • Surge in anti-LGBTQ+ legislation across US states.
  • Lack of LGBTQ+ representation on corporate boards globally.
  • Gap in the use of artificial intelligence to address LGBTQ+ inclusion challenges.
Mitigation Strategies
  • Advocacy efforts to protect and advance marriage equality.
  • Publication of resources and guidelines to promote LGBTQ+ inclusion.
  • Legal challenges to anti-LGBTQ+ laws.
  • OutQUORUM initiative to increase LGBTQ+ representation on boards.
  • Self-ID initiatives to improve data collection and understanding of the LGBTQ+ workforce.
  • NEXUS platform to connect LGBTQ+ ERG leaders and share best practices.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: October 2023

Environmental Metrics

ESG Focus Areas

  • LGBTQ+ inclusion
  • Diversity, Equity, Inclusion, and Belonging (DEIB)
  • Environmental, Social, and Governance (ESG)

Social Achievements

  • Developed the Credit Suisse LGBTQ Equality Index and Portfolio
  • Increased transparency on LGBTQ+ DEI reporting among companies

Governance Achievements

  • Advocated for LGBTQ+ inclusive policies and reporting standards in ESG frameworks

Climate Goals & Targets

Environmental Challenges

  • Lack of guidance from ESG standard setters for LGBTQ+ inclusive reporting
  • Ambiguity on how to measure and report on DEI
  • Underdeveloped industry standards and benchmarks for health and well-being metrics
Mitigation Strategies
  • Developed a comprehensive set of reporting best practices for LGBTQ+ inclusive ESG reporting
  • Provided a research-based framework (12 Competencies for Measuring Health & Well-being) to help organizations measure and track the impact of their investments in health and well-being
  • Created the WELL Equity Rating to guide organizations in advancing DEI and reporting on progress

Supply Chain Management

Responsible Procurement
  • Supplier diversity programs inclusive of LGBTQ+ owned businesses

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, GRI, World Economic Forum