CHERRY HILL, N.J. – December 4, 2023 – TD Bank, America's Most Convenient Bank®, and TD Securities U.S. announced today that they have both been recognized with a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index. TD is committed to driving positive progress for the LBGTQ2+ community and this recognition demonstrates the bank's mission to build a more inclusive future for all.
"Embracing diversity and fostering an equitable workplace are not just goals for us – they are at the core of who we are at TD Bank. This recognition is a shared achievement and a testament to TD's support for our Lesbian, Gay, Bisexual, Transgender, Queer, Two-Spirit, Plus (LGBTQ2+) colleagues, customers, and communities." said Ellen Glaessner, U.S. General Counsel, TD Bank, N.A. and Management Committee Sponsor of TD Bank's U.S. LGBTQ2+ Business Resource Group. "We view diversity as a strength and being recognized as a 'Leader in LGBTQ+ Workplace Inclusion' is an affirmation of our unwavering commitment to creating a workplace where everyone can thrive as their most authentic selves. We celebrate this achievement with pride."
Human Rights Campaign Foundation’s Corporate Equality Index is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. TD Bank and TD Securities joins the ranks of 545 major U.S. businesses that also earned top marks this year.
"We are pleased to once again be recognized as a 'Leader in LGBTQ+ Workplace Inclusion' by the Human Rights Campaign Foundation," said Michael Smith, Vice President, Legal, TD Securities, and Co-Chair of TD Securities LGBTQ2+ Employee Resource Group. "Diversity and Inclusion has never been more important and being acknowledged for TD's ongoing efforts to support and celebrate our LGBTQ2+ colleagues, clients and community members drives us to continue raising the bar in our efforts toward building a more inclusive environment for all."
The results of the 2023-2024 CEI showcase how U.S.-based companies are promoting LGBTQ+ friendly workplace policies in the U.S. and abroad. The first year of the CEI included 319 participants, and the 2023-2024 CEI now includes 1,384 participants; further demonstrating the tremendous trajectory of the CEI, a record-breaking 1,340 businesses have non-discrimination protections specific to gender identity, up from just 17 in 2002. These critical non-discrimination protections cover 21 million employees in the U.S. and around the globe. TD Bank's and TD Securities' efforts in satisfying all the CEI’s criteria earned scores of 100 and the designation as recipients of the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion.
The CEI rates employers providing these crucial protections to over 20 million U.S. workers and an additional 18 million outside of the U.S. Companies rated in the CEI include Fortune magazine’s 500 largest publicly traded businesses, American Lawyer magazine’s top 200 revenue-grossing law firms (AmLaw 200), and hundreds of publicly and privately held mid- to large-sized businesses.
The CEI rates companies on detailed criteria falling under four central pillars:
- Non-discrimination policies across business entities;
- Equitable benefits for LGBTQ+ workers and their families;
- Supporting an inclusive culture; and,
- Corporate social responsibility.
“For well over two decades, businesses have played an important role in furthering LGBTQ+ equality by centering employee needs and voices when it comes to workplace inclusion. While there is much more work to be done, year-over-year growth in CEI participation is evidence of a business community that recognizes the responsibility and value in upholding equity and inclusion,” said RaShawn “Shawnie” Hawkins, Human Rights Campaign Sr Director of Workplace Equality. “Our goal at the Human Rights Campaign Foundation is to work in a spirit of partnership with companies, providing educational resources and leading benchmarking, and collaborating on ways for businesses to support the LGBTQ+ community at a time when we face unprecedented legislative attacks, heightened anti-LGBTQ+ rhetoric and physical violence. The CEI is an ever-evolving tool – a blueprint that companies can use to show up more effectively in supporting their LGBTQ+ employees and their families.”
The full report is available online at www.hrc.org/cei.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves over 27.5 million customers in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among the world's leading online financial services firms, with more than 16 million active online and mobile customers. TD had $1.9 trillion in assets on July 31, 2023. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
About the Human Rights Campaign Foundation
The Human Rights Campaign Foundation is the educational arm of the Human Rights Campaign (HRC), America's largest civil rights organization working to achieve equality for lesbian, gay, bisexual, transgender and queer (LGBTQ+) people. Through its programs, the HRC Foundation seeks to make transformational change in the everyday lives of LGBTQ+ people, shedding light on inequity and deepening the public’s understanding of LGBTQ+ issues, with a clear focus on advancing transgender and racial justice. Its work has transformed the landscape for more than 15 million workers, 11 million students, 1 million clients in the adoption and foster care system and so much more. The HRC Foundation provides direct consultation and technical assistance to institutions and communities, driving the advancement of inclusive policies and practices; it builds the capacity of future leaders and allies through fellowship and training programs; and, with the firm belief that we are stronger working together, it forges partnerships with advocates in the U.S. and around the globe to increase our impact and shape the future of our work.
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