Synchrony Achieves Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index
Company Earns 100 on Human Rights Campaign Foundation's Assessment of LGBTQ+ Workplace Equality for Eight Consecutive Years
Synchrony Recognized as a Leader in LGBTQ+ Workplace Inclusion
STAMFORD, Conn., Nov. 30, 2023 /PRNewswire/ -- Synchrony, a premier consumer financial services company, today announced it has received a perfect score of 100 on the Human Rights Campaign Foundation's 2023-2024 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 eighth consecutive year that Synchrony's commitment to LGBTQ+ diversity and inclusion is recognized with the company achieving the designation as recipient of the "Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion."
"Synchrony strives to be a champion for equity, diversity, and inclusion now and in the future," said Michael Matthews, Synchrony's Chief Diversity, Inclusion and Corporate Responsibility Officer. "This honor reflects our steadfast commitment to drive meaningful progress. We will continue to work to ensure that every individual feels safe and welcome to bring their authentic self to work at Synchrony."
Synchrony helps foster a diverse and inclusive workplace through its eight Diversity Networks. More than half of the company's workforce or over 9,500 employees actively work across these employee networks. Synchrony included the "+" in its Diversity Networks to encourage all employees globally to partner as an ally and "be the plus."
Like all of Synchrony's Diversity Networks, the Pride+ Network serves as a strategic advisor, ensuring the LGBTQ+ community's unique needs are met through support and benefits like wellbeing resources, paid family leave, adoption assistance and gender affirming care. Bringing together thousands of employees, the Pride+ Network provides resources to those in need, encourages personal and professional development and builds meaningful connections and engagement globally.
During Pride Month this past June, the Pride+ Network engaged with members and allies hosting fireside chats and panel discussions with leading authors on the varied experiences within the LGBTQ+ community. Throughout the year, the Pride+ Network hosts networking events, educational workshops and career development programming and collaborates with several nonprofits including the Triangle Community Center, which provides programming and resources for the LGBTQ+ community, and the Covenant House, which helps youth in need overcome homelessness.
For the 2023-2024 CEI, Synchrony was evaluated on its LGBTQ-related policies and practices including non-discrimination policies across business entities, equitable benefits for LGBTQ+ workers and their families, efforts and practices supporting an inclusive culture, and corporate social responsibility. Receiving a perfect score means that Synchrony's commitment and policies satisfy all the CEI's criteria.
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 delivering one of the industry's most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our "partners." We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences. We offer the right financing products to customers in their channel of choice. For more information, visit www.synchrony.com.
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SOURCE Synchrony Financial
Released November 30, 2023