OutNews for the week of May 15th, 2015

  1. New research among 145 organizations managing $60 billion in Impact Investment indicates that capitalization and deal volume logged significant increases from 2013 to 2014. (The Houston Chronicle).
  1. Community Business unveiled the first Asia LGBT Index, highlighting Hong Kong’s Most Gay Friendly Businesses. Companies were invited to submit themselves for consideration, following the model of other regional indices. Out Leadership member firm Goldman Sachs topped the list (GayStarNews)
  1. UN Secretary General Ban Ki-Moon affirmed his commitment to equality for LGBT people in a video and blog post tied to the International Day Against Homophobia. (UN Office of the High Commissioner)
  1. Conservatives are increasingly casting big business as “bullies” for their support of gay marriage, even as attitudes shift nationwide. (“Conservatives Push Gay Bashing vs. Corporate America”, via DiversityInc). Evangelicals including presidential candidates Mike Huckabee and Ted Cruz are leading the charge. (“How Evangelicals are Fighting Big Business [on LGBT],” via CNN).
  1. Major Texas employers including Dell and Celanese announced their opposition to TX HB 4105 (GayStarNews), which would have prohibited the use of state or local funds to issue a marriage license; the bill was ultimately not taken up for discussion and thereby killed procedurally (Dallas Voice).
  1. Al Jazeera America reported on the amicus brief filed by businesses in support of Marriage Equality. Includes commentary from Out Leadership’s Todd Sears. (Watch the video here).
  1. IBM’s global leader of workforce diversity Anthony Tenicela discussed the challenges and opportunities for LGBT inclusion in Asia, noting that in some countries a climate of “invisibility” predominates. (Campaign Asia)
  1. National Give OUT Day will take place on May 21st; its organizer and the founder of the EqualityCard discussed their work, which benefits a wide range of LGBT nonprofits, in the Advocate (“Here’s How to Ensure LGBT Organizations Don’t Die”)
  1. Wal-Mart encountered a potential pitfall of diversity engagement, coming in for some criticism for sponsoring a film festival celebrating diversity that included no LGBT films, and no women presenters. (Forbes)