Ericsson Achieves Perfect Score in 2023-2024 Corporate Equality Index, Earns Equality 100 Award for LGBTQ+ Inclusion

Ericsson Achieves Perfect Score in 2023-2024 Corporate Equality Index, Earns Equality 100 Award for LGBTQ+ Inclusion

(IN BRIEF) Ericsson, a global telecommunications company, has been recognized by the Human Rights Campaign Foundation for its outstanding performance in the 2023-2024 Corporate Equality Index (CEI). Ericsson achieved a perfect score of 100 percent in this annual benchmarking survey, which evaluates corporate policies and practices related to LGBTQ+ workplace equality. As a result of this achievement, Ericsson received the prestigious Equality 100 Award for its leadership in LGBTQ+ workplace inclusion. The CEI, now in its 21st year, engaged over 1,300 businesses, demonstrating an increase in the successful implementation of inclusive practices across the United States. Ericsson’s commitment to diversity and inclusivity includes benefits for transgender employees, inclusive policies, training, a supplier diversity program, and active engagement with the LGBTQ+ community through its Ericsson Pride employee resource group. The CEI rates companies on criteria related to non-discrimination policies, equitable benefits, an inclusive culture, and corporate social responsibility, reaffirming Ericsson’s commitment to fostering a diverse and inclusive workplace.

(PRESS RELEASE) STOCKHOLM, 20-Dec-2023 — /EuropaWire/ — Ericsson was recently recognized by the Human Rights Campaign Foundation for scoring 100 percent in their annual 2023-2024 Corporate Equality Index (CEI) and designated a recipient of its Equality 100 Award for being a leader in LGBTQ+ workplace inclusion. The CEI is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

“For well over two decades, businesses have played an important role in furthering LGBTQ+ equality by centering employee needs and voices when it comes to workplace inclusion. While there is much more work to be done, year-over-year growth in CEI participation is evidence of a business community that recognizes the responsibility and value in upholding equity and inclusion,” said RaShawn “Shawnie” Hawkins, Human Rights Campaign Sr Director of Workplace Equality. “Our goal at the Human Rights Campaign Foundation is to work in a spirit of partnership with companies, providing educational resources and leading benchmarking, and collaborating on ways for businesses to support the LGBTQ+ community at a time when we face unprecedented legislative attacks, heightened anti-LGBTQ+ rhetoric and physical violence. The CEI is an ever-evolving tool – a blueprint that companies can use to show up more effectively in supporting their LGBTQ+ employees and their families.”

The 2023-2024 CEI is the 21st iteration of the nation’s leading benchmarking tool for evaluating a company’s LGBTQ+ workplace inclusion policies, serving employees, consumers, and investors. This year’s survey engaged over 1,300 businesses, indicating an increase in the successful implementation of inclusion best practices in the U.S.

“Establishing a diverse and inclusive organization is fundamental to our principles at Ericsson,” said Kevin Marcellus, Head of People for Ericsson North America. “We are firm believers that teams embracing diversity and inclusivity are catalysts for enhanced performance and innovation, generating significant business benefits. Our commitment extends to reaching and championing all communities, fostering an environment that fosters a multitude of perspectives. This endeavor is crucial not only for the well-being of our employees but also for the satisfaction of our customers and the betterment of society at large.”

Ericsson continues to focus on providing best-in-class benefits, including those for our transgender employees, inclusive policies and procedures, training and accountability, an inclusive supplier diversity program, and engagement with the community. Through the company’s Ericsson Pride employee resource group, employees have created a cultural movement that attracts, retains and nurtures a thriving LGBTQ & Allies community.

“Ericsson’s benefits for transgender employees are one of the areas that set us apart from other companies,” said Margot Phillips, Director of Culture with Ericsson North America. “Our Ericsson Pride employee resource group has been instrumental in championing benefits and policies advancements including recent work on enabling employees to add their preferred pronouns to email signatures as well as a review of facilities to incorporate gender-inclusive bathrooms.”

The results of the 2023-2024 CEI showcase how U.S.-based companies are promoting LGBTQ+ friendly workplace policies in the U.S. and abroad. The first year of the CEI included 319 participants, and the 2023-2024 CEI now includes 1,384 participants; further demonstrating the tremendous trajectory of the CEI, a record-breaking 1,340 businesses have non-discrimination protections specific to gender identity, up from just 17 in 2002. These critical non-discrimination protections cover 21 million employees in the U.S. and around the globe. Ericsson’s efforts in satisfying all the CEI’s criteria earned a score of 100 and the designation as recipient of the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion.

The CEI rates employers providing these crucial protections to over 20 million U.S. workers and an additional 18 million outside of the U.S. Companies rated in the CEI include Fortune magazine’s 500 largest publicly traded businesses, American Lawyer magazine’s top 200 revenue-grossing law firms (AmLaw 200), and hundreds of publicly and privately held mid- to large-sized businesses.

The CEI rates companies on detailed criteria falling under four central pillars: Non-discrimination policies across business entities; equitable benefits for LGBTQ+ workers and their families; supporting an inclusive culture; and corporate social responsibility. The full report is available online at www.hrc.org/cei.

RELATED LINKS:
Diversity and Inclusion at Ericsson

Supporting each other through Ericsson Employee Resource Groups

About Ericsson

Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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 to achieve equality for lesbian, gay, bisexual, transgender and queer (LGBTQ+) people. Through its programs, the HRC Foundation seeks to make transformational change in the everyday lives of LGBTQ+ people, shedding light on inequity and deepening the public’s understanding of LGBTQ+ issues, with a clear focus on advancing transgender and racial justice. Its work has transformed the landscape for more than 15 million workers, 11 million students, 1 million clients in the adoption and foster care system and so much more. The HRC Foundation provides direct consultation and technical assistance to institutions and communities, driving the advancement of inclusive policies and practices; it builds the capacity of future leaders and allies through fellowship and training programs; and, with the firm belief that we are stronger working together, it forges partnerships with advocates in the U.S. and around the globe to increase our impact and shape the future of our work.

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SOURCE: ERICSSON