At Pride Foundation, we use our endowment for more than grants, scholarships, initiatives, and policy advocacy—we also use it to bring inclusion to the companies in which we invest.
To date, we have worked with nearly 30 companies to update their non-discrimination policies to include sexual orientation and/or gender identity and expression. These changes have meant better protections for more than 3.3 million workers worldwide.
These policies remain especially critical in places like Alaska, Idaho, and Montana, where people can still be legally fired for being LGBTQ.
Advocacy in Action
We begin our work with companies by requesting in writing that they update their policies. If the company decides not to update their policy to include protections for LGBTQ+ workers, we file a shareholder resolution, which goes before all shareholders in the company. If necessary, a Pride Foundation volunteer attends their annual meeting, to explain to management and other shareholders about the necessity of these policies.
Do you work for a publicly-traded company that does not have fully-inclusive non-discrimination policies? Learn more by contacting Jimbo Worm, Director of Finance and Operations.
Pride Foundation began our shareholder advocacy work in 1997 with McDonald’s and General Electric. Since that time, we have worked with WalMart, Proctor & Gamble, Expeditors, and many more.
|COMPANY||YEAR FILED||YEAR EQUAL EMPLOYMENT OPPORTUNITY (EEO) POLICY UPDATED||# EMPLOYEES|
|Emerson Electric||July 2000||2005||137,700|
|Expeditors International||2006||2008, Updated in 2015 by adding gender identity and expression||13,910|
|Precision Castparts Corp||2007||29,600|
|Washington Group International||2006||2007||25,000|
|Proctor & Gamble||2008||2009||121,000|
|General Communications, Inc.||2013||2015||1,924|
|First Interstate Bancsys||2015||1,635|
|Alaska Communications Systems Group||2015||Over 700|