For the sixth consecutive year, UBS has earned top marks from the Human Rights Campaign’s (HRC) Corporate Equality Index (CEI) which measures corporate policies and practices related to lesbian, gay, bisexual and transgender (LGBT) employees. This year marks the eighth time in the past eleven years that UBS earned a perfect rating in the annual report, and designation by HRC as one of the best places to work for LGBT employees.
Key efforts by UBS in LGBT equality and inclusion
- Among the first Wall Street firms to offer a tax offsetting benefit for employees who pay for healthcare coverage for their same sex partners or spouses
- Developed resources which focus on wealth management for LGBT clients
- Provided comprehensive healthcare benefits to transgender employees
- Volunteer partnerships with a number of community service organizations which focus on health and social services, at-risk youth mentoring, and education
The recognition UBS has received from the CEI in recent years underscores the firm’s commitment to diversity and inclusion. In addition to Pride Americas, the firm’s LGBT employee network, UBS offers a number of other employee diversity groups which aim to provide mentoring, career development programming and additional resources for women, working parents, veterans, employees with disabilities, persons of color, and those representing multi-cultural backgrounds.
“Cultivating a diverse and inclusive work environment is more than just the right thing to do—it makes good business sense,” said Bob McCann, CEO of UBS Group Americas. “When employees can come to work and be who they truly are, they are able to focus on developing unique solutions for the clients we serve. UBS is proud to have been recognized for its ongoing efforts to build a culture where the contributions and perspectives of all employees are valued.”
Notes to Editors
UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centered on its pre-eminent global wealth management businesses and its universal bank in Switzerland. Together with a client-focused Investment Bank and a strong, well-diversified Global Asset Management business, UBS will drive further growth and expand its premier wealth management franchise.
UBS is present in all major financial centers worldwide. It has offices in 57 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS employs about 65,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).