A new Hong Kong index will gauge acceptance of lesbian, gay, bisexual, and transgender (LGBT) employees in the workplace.
Fern Ngai, chief executive of Community Business, a non-profit organization advocating corporate responsibility, said the index will promote non-discriminatory practices in companies, the Hong Kong Economic Journal reported Monday.
Ngai said the new benchmark can supplement the government’s code of practice against sexual discrimination which has 90 participating companies.
Studies show companies improve their productivity by 30 percent by having an inclusive environment, Ngai said.
The conclusion was based on 48 percent of LGBT respondents who have declared their sexual orientation.
Ngai said 5-10 percent of workers are LGBTs.
In a 2011-2012 survey, 85 percent of 1,000 respondents “felt terrible” working in a discriminatory environment, the report said.
Two in 10 considered resigning and a similar proportion said they could not focus on their job.
Community Business said 33 companies, mainly multinationals, have signed up for the new benchmark.
Translation by Vey Wong
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