Synchrony Earns Top Score for Corporate Equality Index Seven Years in a Row
Synchrony Scores 100 on the Human Rights Campaign Foundation's Assessment of LGBTQ+ Workplace Equality
STAMFORD, Conn., Jan. 27, 2022 /PRNewswire/ -- Synchrony proudly announced it received a perfect score of 100 on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. This is the seventh year in a row that Synchrony's commitment to LGBTQ+ diversity and inclusion is recognized by the company's top score, achieving the designation as one of the "Best Places to Work for LGBTQ+ Equality."
"Now more than ever, it's critical that we continue to grow and sustain a culture that welcomes, values and celebrates all experiences and perspectives," said Michael Matthews, Chief Diversity and Corporate Responsibility Officer at Synchrony. "Equity, diversity and inclusion is central to our culture and it's how we operate. We are grateful to be recognized for our ongoing commitment as a best place to work for LGBTQ+ equality."
Synchrony cultivates a diverse and inclusive workplace through its eight Diversity Networks, with involvement from more than 10,000 employees who actively work across these employee resource groups to help attract, retain and grow diverse talent. Through the company's LGBT+ Network, thousands of employees help cultivate an environment where individuals can thrive, be their authentic selves and help advocate for LGBTQ+ people in the communities and marketplaces we serve.
In 2002, the first year of the CEI, only 13 companies achieved a top-score, demonstrating the incredible impact the CEI has had on the business world over its 20-year life. This year's CEI reflects growth across every measurement category, from the adoption of inclusive non-discrimination policies to equitable healthcare 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 corporate headquarters, in big cities and small towns—could have access to the policies and benefits needed to thrive and live life authentically," said Jay Brown, Human Rights Campaign Senior Vice President of Programs, Research and Training. "We are proud that the Corporate Equality Index paved the way to that reality for countless LGBTQ+ workers in America and abroad. But there is still more to do, which is why we are raising the bar yet again to create more equitable workplaces and a better tomorrow for LGBTQ+ workers everywhere. Congratulations to Synchrony for achieving the title of 'best places to work for LGBTQ+ equality' and working to advance inclusion in the workplace."
As part of the 2022 CEI, Synchrony was evaluated on policies and practices across four key pillars: non-discrimination policies across business entities, equitable benefits for LGBTQ+ workers and their families, supporting an inclusive culture, and corporate social responsibility. Synchrony's commitment and policies met all the CEI 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 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.
Synchrony (NYSE: SYF) is a premier consumer financial services company. We deliver a wide range of specialized financing programs, as well as innovative consumer banking products, across key industries including digital, retail, home, auto, travel, health and pet. Synchrony enables our partners to grow sales and loyalty with consumers. We are one of the largest issuers of private label credit cards in the United States; we also offer co-branded products, installment loans and consumer financing products for small- and medium-sized businesses, as well as healthcare providers.
Synchrony is changing what's possible through our digital capabilities, deep industry expertise, actionable data insights, frictionless customer experience and customized financing solutions.
For more information, visit www.synchrony.com and Twitter: @Synchrony.
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SOURCE Synchrony Financial
Released January 27, 2022