Synchrony Earns Top Score for Business Equality Index Seven Years in a Row | national news
STAMFORD, Conn., January 27, 2022 /PRNewswire/ — Synchrony proudly announced that it has received a perfect score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the nation’s largest benchmarking survey and the report measuring corporate policies and practices related to LGBTQ+ equality in the workplace. This is the seventh consecutive year that Synchrony’s commitment to LGBTQ+ diversity and inclusion has been recognized by the company’s highest score, earning designation as one of the “Best Workplaces for LGBTQ+ Equality “.
“Equity, diversity and inclusion are at the heart of our culture and it’s how we operate.”
“Now more than ever, it is essential that we continue to develop and sustain a culture that welcomes, values and celebrates all experiences and perspectives,” said Michael Matthews, Director of Diversity and Corporate Responsibility at Synchrony. “Equity, diversity and inclusion are at the heart of our culture and it’s how we operate. We are grateful to be recognized for our continued commitment as the best workplace for LGBTQ+ equality. “
Synchrony cultivates a diverse and inclusive workplace through its eight diversity networks, with more than 10,000 employees actively working in these employee resource groups to help attract, retain and develop diverse talent. Through the company’s LGBT+ network, thousands of employees help cultivate an environment where individuals can thrive, be authentic themselves, and help advocate for LGBTQ+ people in the communities and markets we serve.
In 2002, the first year of the IEC, only 13 companies obtained the highest score, demonstrating the incredible impact that the IEC has had on the business world during its 20 years of existence. This year’s IEC reflects growth in all measurement categories, from the adoption of inclusive non-discrimination policies to equitable health care benefits for transgender employees.
“When the Human Rights Campaign Foundation created the Corporate Equality Index 20 years ago, we dreamed that LGBTQ+ workers, from the factory floor to the corporate office, in big cities and small towns, would have access to the policies and benefits needed to thrive and live authentically,” said Jay Brown, senior vice president of programs, research and training for the Human Rights Campaign. “We are proud that the Corporate Equality Index has paved the way for this reality for countless LGBTQ+ workers in America and abroad. But there is still more to do, which is why we are still raising a times the bar to create more equitable workplaces and a better tomorrow for LGBTQ+ workers everywhere. Congratulations to Synchrony for earning the title of “Best Workplaces for LGBTQ+ Equality” and working to advance the inclusion in the workplace.”
As part of the IEC 2022, Synchrony was evaluated on policies and practices on four key pillars: non-discrimination policies in business entities, equitable benefits for LGBTQ+ workers and their families, support for a inclusive culture and corporate social responsibility. Synchrony’s commitment and policies met all IEC criteria.
The full report is available online at www.hrc.org/cei.
About the Human Rights Campaign Foundation
The Human Rights Campaign Foundation is the educational arm of the Human Rights Campaign (HRC), America’s largest civil rights organization working for equality for lesbian, gay, bisexual, transgender, and queer (LGBTQ+) people. Through its programs, the HRC Foundation seeks to bring about transformational change in the daily lives of LGBTQ+ people, bringing to light inequalities and deepening public understanding of LGBTQ+ issues, with a clear focus on promoting transgender and racial justice. His work has transformed the landscape for over 15 million workers, 11 million students, 1 million clients in the adoption and foster care system and more. The HRC Foundation provides direct consultation and technical assistance to institutions and communities, promoting the advancement of inclusive policies and practices; it builds the capacity of future leaders and allies through scholarship and training programs; and, with the firm belief that we are stronger working together, he forges partnerships with advocates in the United States and around the world to increase our impact and shape the future of our work.
Synchrony (NYSE: SYF) is a leading consumer financial services company. We offer a wide range of specialized financing programs, as well as innovative consumer banking products, in key sectors such as digital, retail, home, automotive, travel, health and pets of company. Synchrony enables our partners to increase sales and retain consumers. We are one of the largest private label credit card issuers in United States; we also offer co-branded products, installment loans and consumer finance products for small and medium-sized businesses, as well as healthcare providers.
Synchrony changes what is possible through our digital capabilities, deep industry expertise, actionable data insights, seamless customer experience, and customized financing solutions.
For more information, visit www.synchrony.com and Twitter: @Synchrony.
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SOURCE Synchrony Financial