Pride and Prejudice - New York | London | Hong Kong
What is the cost of LGBT discrimination? In a November 2015 survey by The Economist Intelligence Unit, 24.9% of respondents chose financial performance out of a variety of potential factors, as benefiting most from workplace diversity and inclusion. But with little hard evidence that inclusion directly improves a company’s bottom line, what is the business case for supporting LGBT diversity? Just as any Western company entering the Asian market needs to learn to adapt to local market cultures, Asian companies seeking to expand abroad also need to contend with unfamiliar legislative regimes, hiring practices and cultural expectations. In our discussions with political and business leaders across Asia it has become apparent that the challenges of LGBT inclusion are often more pronounced in this region than in other less sensitive parts of the world. Daniel Franklin, executive editor of The Economist says “The Economist has long supported equal rights for LGBT individuals. Nearly t