Goldman Sachs named top employer for LGBTI people in 2014
May16

Goldman Sachs named top employer for LGBTI people in 2014

LAST UPDATED // Wednesday, 21 May 2014 16:27 Written by // Reg Domingo

Goldman Sachs has been named the country’s top employer for LGBTI people in 2014.

The Australian arm of the global financial services firm topped a list of 20 organisations, recognised at a special awards luncheon on Friday organised by Pride in Diversity.

Curtin University, ranked at equal seventh last year, rose to second place in 2014. The institution was also recognised as the ‘Highest Ranking University’.

The Westpac Group, also ranked equal seventh in 2013, took out the third spot.

Coming in at fourth place was Commonwealth Bank and ANZ was ranked fifth.

In joint sixth place were IBM and the Australian Federal Police. The latter was additionally honoured as the ‘Highest Ranking Public Sector Organisation’ and its Gay and Lesbian Liaison Officer program was the ‘LGBTI Employee Network of the Year’.

The University of Western Australia was ranked at number eight and Lend Lease came in at number nine.

In joint tenth place were KPMG and Accenture.

GALLERY: Check out photos from the 2014 Pride in Diversity Awards Luncheon. Photos by Hamid Mousa. View the full gallery here

Rounding out the top 20 were Herbert Smith Freehills (12th), Chevron (13th), National Australia Bank and Macquarie Banking and Financial Service (joint 14th), Central Coast Young People’s Mental Health (16th), American Express (17th), EY (18th), Macquarie University (19th), and Gilbert + Tobin and Australian Red Cross Blood Service (joint 20th).

Other awards included the Achievement Award for Most Improved for Herbert Smith Freehills – the organisation is the first law firm to be included in the list – the Innovation Award of American Express and Small Employer Award for Youth Action NSW. Australian Red Cross Blood Collection was named the Highest Ranking Not-for-Profit/Charity.

Awards were also given to individuals with Tony Wood from Herbert Smith Freehills, Squadron Leader Vince Chong and Flight Sergeant Ronald Kelly from the Department of Defence and Sally Webster from Curtin University acknowledged for their contributions to LGBTI workplace inclusion initiatives.

Now in its fourth year, the awards are determined using Pride in Diversity’s Australian Workplace Equality Index (AWEI), which evaluates LGBTI inclusiveness in Australian workplaces. This includes benchmarks relating to training, policies and networks designed for LGBTI employees.

Pride in Diversity Director Dawn Hough said more organisations are engaging with AWEI.

“This is the fourth year of the AWEI. The number of employers participating has increased by 83 per cent from year one and we now have over 5650 employees participating in the employee survey. 

“The focus on LGBTI inclusion initiatives has increased substantially. Organisations outside of the Top 20 are completing submissions showing a depth of work comparable to Top 10 organisations a couple of year ago.

“Australian employers are taking their work in this area very seriously.

“LGBTI inclusion within Australian workplaces is on the rise and is fast becoming a differentiator in the workplace diversity agenda.”

Watch the launch of Pride in Diversity

The 2014 Top 20 Australian employers for LGBTI people are:

1. Goldman Sachs
2. Curtin University
3. Westpac Group
4. Commonwealth Bank
5. ANZ
6. Australian Federal Police and IBM (Joint 6th)
8. The University of Western Australia
9. Lend Lease
10. KPMG and Accenture (Joint 10th)
12. Herbert Smith Freehills (first law firm)
13. Chevron
14. National Australia Bank and Macquarie Banking & Financial Services (Joint 14th)
16. Central Coast Young People’s Mental Health
17. American Express
18. EY
19. Macquarie University
20. Gilbert + Tobin and Australian Red Cross Blood Service
      (Joint 20th)

[Cover Image] Team members from Goldman Sachs accept the Pride in Diversity Award for Employer of the Year from former High Court judge Michael Kirby (far left), Jan van de Stool (second from left) and Lt. Col. Cate McGregor (third from left). Photo: Hamid Mousa

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Reg Domingo

Reg Domingo

Reg Domingo is the editor of SX.

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