In this article we are going to list the 5 most LGBTQ friendly companies in the US. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 most LGBTQ friendly companies in the US.
5. Gilead Sciences, Inc. (NASDAQ:GILD)
While Gilead Sciences, Inc. (NASDAQ:GILD) is engaged in many therapies in medicine, it is perhaps best known for its HIV medicine with its top brand being Biktarvy. As LGBTQ people are disproportionately likely to be impacted by HIV, Gilead Sciences, Inc.’s (NASDAQ:GILD) commitment in this regard is directly beneficial to the LGBTQ community. Gilead Sciences, Inc. (NASDAQ:GILD) has also been working with the Human Rights Campaign, the largest LGBTQ+ civil rights organization in the nation, including the company providing a $3.2 million grant over a period of two years which will be used to provide support to communities which are disproportionately impacted by the HIV pandemic.
4. Apple Inc. (NASDAQ:AAPL)
Apple Inc. (NASDAQ:AAPL) is not just the most valuable company in the world by far, it is also one of the biggest in terms of revenue, having earned nearly $400 billion in the year ended 2022. One of the few major organizations in the world with a gay CEO, it is unsurprising that Apple Inc. (NASDAQ:AAPL) is among the most LGBTQ friendly companies in the world. Tim Cook, its CEO, also raised concerns in March 2022 over LGBTQ laws in the U.S. focusing on the “don’t say gay” legislation. Further, whether its a cynical cash grab or a genuine attempt to contribute to the LGBTQ community, Apple Inc. (NASDAQ:AAPL) introduced an Apple Watch Pride Edition which had a Pride watch face and Pride band.
3. GSK plc (NYSE:GSK) (North America)
GSK plc (NYSE:GSK), one of the biggest pharmaceutical companies in the world, has maintained its aim to be a diverse, inclusive organization with initiatives in this regard involving yearly trainings to reinforce inclusion and diversity in its employees and also launching development programs for ethnically diverse employees. GSK plc (NYSE:GSK) is also involved with a number of major LGBTQ groups including Stonewall, Proud Science Alliance and Open for Business to ensure that it is recognized in global LGBTQ+ indices to ensure best practice.
2. PayPal Holdings, Inc. (NASDAQ:PYPL)
PayPal Holdings, Inc. (NASDAQ:PYPL) is probably the most popular online payment solution in the world with more than 400 million users. PayPal Holdings, Inc. (NASDAQ:PYPL) is also one of the most vocal companies regarding its support for the LGBTQ community by banning anti-LGBTQ extremists including the troll group Gays Against Groomers. Furthermore, PayPal Holdings, Inc. (NASDAQ:PYPL) is an active participant in Pride Month where last month one of its senior executives recognized, reflected on and acknowledged the positive impact of the LGBTQ community. Another initiative that the company has taken is not charging any fees for donations made to the LGBT Foundation Ltd to encourage more people to donate without fear of additional deductions.
1. CVS Health Corporation (NYSE:CVS)
Topping the list of the 15 most LGBTQ friendly countries in the world is CVS Health Corporation (NYSE:CVS), one of the largest organizations in the world in terms of revenue. Not only does CVS Health Corporation (NYSE:CVS) provide equal opportunities to LGBTQ people for employment, it also conducted a survey of around 2,000 adults where the majority of those who identified as LGBTQ and who expressed concern about mental health as well. CVS Health Corporation (NYSE:CVS) has focused significantly on mental health in the LGBTQ community, providing resources for support as well as research conducted in this space. The company also celebrates Pride Month each year and is vocal about its support to the LGBTQ community.
Please also see 11 Best ESG Stocks To Invest In and 15 Most Progressive Companies in the US.