by Steve Anderson
NEW YORK, Oct. 21, 2013 /PRNewswire/ — Credit Suisse launched the Credit Suisse LGBT Equality Index™ (Bloomberg Ticker: CSLGBT Index) the first index to track the equity performance of companies with LGBT (Lesbian, Gay, Bisexual and Transgender) friendly policies.
The Credit Suisse LGBT Equality Index™ is a capitalization-weighted equity index that measures the performance of US companies recognized for supporting and promoting equality for members of the LGBT community. Index inclusion requires a score of 80 or above on the Human Rights Campaign’s Corporate Equality Index (CEI.) The HRC Corporate Equality Index is the national benchmark for corporate policies and practices related to LGBT employees. The initial concept for the index is the result of conversations between Credit Suisse and LGBT Capital, a thought leader in the field of LGBT-related socially responsible investment activity.
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