10 gay-friendly stocks to buy

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It wasn’t that long ago that there was no such thing as an “LGBTQ-friendly workplace”. And while there is still a lot of work to be done in this area, there are now literally hundreds of employers. committed to LGBTQ inclusion and equality.

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In fact, according to the Human Rights Campaign, there are 767 places designated as the “Best Workplaces for LGBTQ Equality” in 2021. Ten of these names appear in the list below if you’re looking to invest in a place that works for LGBTQ equality..

Last updated: June 4, 2021

Kitchener-Waterloo, On, Canada - October 17, 2020: Google office building in Kitchener-Waterloo, Ontario on October 17, 2020.

Kitchener-Waterloo, On, Canada – October 17, 2020: Google office building in Kitchener-Waterloo, Ontario on October 17, 2020.

Alphabet Inc. (GOOG)

Google, which now operates under parent company Alphabet, has long been a staunch supporter of the LGBTQ community, even its ads reflecting its diversity efforts. The company has a specific support group for the LGBTQ community, known as “Gayglers”, and it sponsored a trip for more than 60 of its LGBTQ employees and managers from 26 countries to Warsaw, Poland, to help explore diversity issues in the regions of Central and Eastern Europe.

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Brisbane, QLD, Australia - January 26, 2020: IBM (International Business Machines Corporation) sign hanging on a building in Brisbane.

Brisbane, QLD, Australia – January 26, 2020: IBM (International Business Machines Corporation) sign hanging on a building in Brisbane.

International Business Machines Corporation (IBM)

IBM was one of the first companies to include sexual orientation in its non-discrimination policy, in 1984. The company created its Global LGBT Council, designed to make the workplace safe for everyone, in 1995. The following year, IBM became the largest company at the time to offer benefits to domestic partners. IBM runs several campaigns to support diversity and equality, including its ‘Be Equal’ initiative, which strives to provide an open and welcoming environment regardless of sexual orientation, gender expression or gender. gender identity.

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Visa inc. (V)

Visa has been on the Human Rights Campaign’s Business Equality Index for five consecutive years, making it one of the best places to work for LGBTQ employees. Visa supports the United Nations LGBTI Standards, which outline five standards of conduct the business community can use to address discrimination against lesbian, bi, gay, trans and intersex people. Visa also joined the Human Rights Campaign’s Business Coalition for the Equality Act, which aims to provide the same basic protections under federal law to LGBTQ people as to other protected groups.

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Irving, Tx: entrance facade of Charles Schwab branch nice finishing landscape.

Irving, Tx: entrance facade of Charles Schwab branch nice finishing landscape.

The Charles Schwab Company (SCHW)

Schwab has received a 100% rating on the Human Rights Campaign’s Corporate Equality Index for LGBTQ + Inclusion for over 15 years. In addition to seeking a diverse and supportive workforce, the financial services company is also developing educational content tailored to the needs of specific communities, including the LGBTQ + community. The company has installed non-sexist toilets in certain places, and he supports and volunteers for many different LGBTQ groups across the country. Internally, Schwab has created a diversity and inclusion group known as PRIDE, dedicated specifically to Schwab’s LGBTQ + network.

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Sydney, Australia - March 22, 2014: A large group of people walk past two large neon Coca-Cola billboards on Kings Cross at night.

Sydney, Australia – March 22, 2014: A large group of people walk past two large neon Coca-Cola billboards on Kings Cross at night.

The Coca-Cola Company (KO)

Coca-Cola prides itself on its diversity and inclusion. The company has achieved a 100% score on the HRC Business Equality Index every year since 2006. Coca-Cola has also designed a separate business resource group specifically to address LGBTA issues. Other LGBTQ-focused resources that Coca-Cola supports include the Gay & Lesbian Victory Fund and The Trevor Project.

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San Jose, USA - October 15, 2015: PayPal corporate headquarters located at 2221 N.

San Jose, USA – October 15, 2015: PayPal corporate headquarters located at 2221 N.

PayPal Holdings, Inc. (PYPL)

PayPal is another company that scores 100% perfect on the Human Rights Campaign Equality Index, and it strongly promotes LGBTQ rights. The company has a benefits flyer that describes all of its health benefits for transgender employees, from hormone replacement therapies and voice modification surgery to therapy sessions and more. PayPal Pride is a workplace community that supports the well-being of its LGBTQ family through awareness, sensitivity and awareness.

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Redmond, WA, USA - January 30, 2018: One of Microsoft's largest signs is placed next to green trees at a public intersection near Microsoft's Redmond campus.

Redmond, WA, USA – January 30, 2018: One of Microsoft’s largest signs is placed next to green trees at a public intersection near Microsoft’s Redmond campus.

Microsoft Corporation (MSFT)

Microsoft and its employees have donated over $ 2 million to organizations supporting the LGBTQI + community over the past year. The company has contributed an additional $ 150,000 to organizations such as The Trevor Project, OutRight Action International and Act To Change, in addition to the ACLU. Microsoft has achieved a perfect score of 100% on the HRC Equality Index for 13 consecutive years.

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July 30, 2018 Cupertino / CA / USA - Entrance to one of the Target stores located in the South San Francisco Bay Area.

July 30, 2018 Cupertino / CA / USA – Entrance to one of the Target stores located in the South San Francisco Bay Area.

Target company (TGT)

Inclusiveness is one of the core business beliefs at Target. Like many other companies that make up the HRC Equality Index, Target signed the Equality Act. Target has developed its own PRIDE Manifesto, designed to highlight the company’s dedication to equality. Target also makes clothing and other products that show support for the LGBTQ community.

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Frankfurt, Germany - April 27, 2016: Passengers waiting for their flight queuing at a Starbucks cafe and snack bar for a small drink or piece of cake at Frankfurt Airport.

Frankfurt, Germany – April 27, 2016: Passengers waiting for their flight queuing at a Starbucks cafe and snack bar for a small drink or piece of cake at Frankfurt Airport.

Starbucks Corporation (SBUX)

Starbucks’ self-proclaimed story of LGBTQ inclusion states, “For over three decades, Starbucks has been committed to creating a culture where everyone is welcome. We are an ally of the lesbian, gay, bisexual, transgender and queer community – affirming all the ways people can choose to identify. In addition to receiving a perfect 100% score on the HRC Equality Index for 11 consecutive years, the company recently donated $ 50,000 to the Lavender Rights Project to help transgender people and members of other marginalized communities obtain low-cost legal services.

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Apple Store

Apple Store

Apple Inc. (AAPL)

Apple isn’t just America’s biggest company, it’s also one of the most consistent supporters of the LGBTQ community. Apple has been considered the best place to work for the LGBTQ community for 15 years in a row. The company supports a number of LGBTQ rights organizations, including the National Center for Transgender Studies and Encircle, which provides safe spaces for the community. For Pride Month 2021, Apple released two new Apple Watch Pride bands, in addition to a new Pride watch face.

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This article originally appeared on GOBankingRates.com: Ethical investing for pride month: 10 gay-friendly stocks to buy


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