04.12.2020
Strong Diversity and Inclusion practices are good for business
As part of our ESG research at Credit Suisse we have regularly analysed the topic of workplace diversity and correlations of corporate performance. In CS Gender 3000, we showed that increased gender diversity at senior management and board level coincides with superior share-price performance. Workplace diversity and inclusion can be expanded beyond gender to also include: sexual orientation, age, ethnicity, race and socio-economic factors. Our LGBT 350 analysis investigates the performance of companies with strong diversity and inclusion practices. We found that a basket of 350 LGBT friendly companies performed better in terms of financial performance and share price performance than the MSCI AC World index for the same period.