State Street Earns Top Marks in 2016 Corporate Equality Index
December 06 2016 - 3:02PM
Business Wire
Company Receives Perfect Score on Human Rights Campaign
Foundation’s Fourteenth Annual Scorecard on LGBT Workplace
Equality
State Street Corporation (NYSE:STT) announced today that it
received a perfect score of 100 percent on the 2017 Corporate
Equality Index (CEI), a national benchmarking survey and report on
corporate policies and practices related to LGBT workplace
equality, administered by the Human Rights Campaign Foundation
(HRC). State Street joins the ranks of 517 major US businesses have
also earned top marks this year.
“It is an incredible honor to have received a perfect score on
the Corporate Equality Index,” said Michael Scannell, senior vice
president of Corporate Citizenship and head of the State Street
Foundation. “We know that in order to get the most out of our
employees, we need to create a work environment which allows them
to bring their whole selves to work. This honor is a reflection of
our daily effort as a company to encourage and embrace diversity,
which beneficially results in a more inclusive and innovative
culture.”
The 2017 CEI rated 1,043 businesses in the report, which
evaluates LGBT-related policies and practices including
non-discrimination workplace protections, domestic partner
benefits, transgender-inclusive health care benefits, competency
programs, and public engagement with the LGBT community. State
Street’s efforts in satisfying all of the CEI’s criteria results in
a 100 percent ranking and the designation as a Best Place to Work
for LGBT Equality.
State Street has received a number of awards for its dedication
to workplace inclusion. Most recently, two of the company’s
executives, Chief Marketing Officer Hannah Grove and Steven Chan,
managing director and regional head of regulatory, industry and
government affairs, Asia Pacific, were named to OUTstanding’s LGBT
Leading Ally Executives list and the Leading LGBT+ Executives List,
respectively, in recognition of their support and leadership in the
LGBT community at State Street.
Last month State Street was also named a “Top 10” leader among
the 2016 International Innovation Award winners by the Profiles in
Diversity Journal. The award is given to companies demonstrating an
alignment of diversity and inclusion with business goals in the
workplace and marketplace.
The HRC is America’s largest civil rights organization working
to achieve lesbian, gay, bisexual and transgender equality. By
inspiring and engaging all Americans, HRC strives to end
discrimination against LGBT citizens and realize a nation that
achieves fundamental fairness and equality for all.
For more information on the 2017 Corporate Equality Index, or to
download a free copy of the report, visit www.hrc.org/cei.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors,
including investment servicing, investment management and
investment research and trading. With $29 trillion in assets under
custody and administration and $2 trillion* in assets under
management as of September 30, 2016, State Street operates in more
than 100 geographic markets worldwide, including the US, Canada,
Europe, the Middle East and Asia. For more information, visit State
Street’s website at www.statestreet.com.
*Assets under management were $2.4 trillion as September 30,
2016. AUM reflects approx. $40 billion (as of September 30, 2016)
with respect to which State Street Global Markets, LLC (SSGM)
serves as marketing agent; SSGM and State Street Global Advisors
are affiliated.
CORP-2460
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161206006321/en/
State Street CorporationJulie Kane,
617-663-3001JEKane@StateStreet.com@StateStreet
State Street (NYSE:STT)
Historical Stock Chart
From Aug 2024 to Sep 2024
State Street (NYSE:STT)
Historical Stock Chart
From Sep 2023 to Sep 2024