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Assessing progress in Asia-Pacific Supported by1 Pride and Prejudice Assessing progress in Asia-Pacific The Economist Intelligence Unit Limited 2019 For four consecutive years The Economist Group has hosted Pride and Prejudice, an initiativeincluding research from The Economist Intelligence Unitthat analyses the business and economic case for lesbian, gay, bisexual and transgender (LGBT) rights around the world. This year, the programme focuses on the situation in Asia-Pacifica vast and diverse region, home to 60% of the worlds population 1and a huge diversity of laws, environments and attitudes surrounding sexual orientation and gender identity (SOGI). The core of this years research programme by The Economist Intelligence Unit, supported by Barclays, is a survey of executives and the general public on the subject of LGBT diversity and inclusion (D non-executives were included in order to present a broader swath of views. Following the survey, which was fielded in April 2019, we conducted in-depth interviews with three experts in the subject of LGBT D Irene Mia is the editor. The Economist Intelligence Unit bears sole responsibility for the content of the report and the findings do not necessarily reflect the views of the sponsor. The key findings are: A virtuous circle is emerging, in which visibility for LGBT workers is rising along with the perception of bottom-line benefits to D 45% of executives in Asia-Pacific said yes, an improvement of 11 percentage points over the corresponding figure from 2015. At the same time, 37% of executives in Asia- Pacific also said that progress in advancing corporate LGBT D the time scale was reduced in the 2019 survey in order to reect progress made since 2015 Source: The Economist Intelligence Unit Substantial/major progress Moderate progress Limited/no progress Dont know 05 10 15 20 25 30 35 40 27 34 26 12 37 29 8 27 Figure 4: Progress in peril To what extent do you believe your company has made progress in SOGI diversity over the last three years*? (Respondents in Asia-Pacic, %) 2015 2019 There are a number of ways to interpret this dichotomy. One reading suggests that the energy around LGBT D all respondents answered questions relating to D&I in broader society8 Pride and Prejudice Assessing progress in Asia-Pacific The Economist Intelligence Unit Limited 2019 C-suite 31% Global Professional rank (among those who are employed/working) Non-C-suite 69% C-suite 37% Non-C-suite 63% Asia-Pacic Global/multinational 57% Global Business footprint of respondent organisation Regional/domestic 43% Global/multinational 57% Regional/domestic 43% Asia-Pacic Services 78% Global Primary industry of respondent organisation Non-services 22% Services 77% Non-services 23% Asia-Pacic Less than US$500m 56% Global Annual global revenue of respondent organisation (or budget oversight if governmental) US$500m or above 34% Dont know 10% Less than US$500m 61% US$500m or above 32% Dont know 7% Asia-PacicWhile every effort has been taken to verify the accuracy of this information, The Economist Intelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this report or any of the information, opinions or conclusions set out in this report. The findings and views expressed in the report do not necessarily reflect the views of the sponsor. About Barclays: Barclays is a transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further information about Barclays, please visit our website barclays.
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