5 LGBTQ+ news stories

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Issue #45
Monday, 10 June 2024

Welcome to issue 45 of the LGBT Great News Digest, a short briefing on the 5 LGBTQ+ news stories that you need to know about right now.
 
Firstly, we hope that you are having an inspiring Pride month! We are thrilled to be engaging with so many of you throughout June. If you still need a plan for Pride, it is not too late to  As always, here are your 3 LGBT Great updates:
 
1 – Join us this week in NYC to celebrate Pride and Juneteenth – 12th June
You can meet us at the and/or Event for Juneteenth in partnership with MSCI, Invesco and Broadridge at 7 World Trade Centre, 48th Floor Skytop.
 
2 – Get your tickets for Together with Pride 2024 - 29th June
Provide your employees and friends with access to an unforgettable event to celebrate Pride in London! . .
 
3 – Discover our new Intersectional Allyship Guide – available now
Engage and inspire your employees to think differently about their approach to allyship across your organisation. . Interested to hear more about role models and allyship? There are still places left for our Member training session tomorrow (11th June).
 
Thank you for reading. Watch out for our next Digest issue on Monday June 24th. Continuing having an inspiring Pride month and a brilliant week ahead!
 
Best wishes, 
LGBT Great Team
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5 LGBTQ+ News Stories
1. More US states become less LGBTQ+ friendly for third consecutive year
1. More US states become less LGBTQ+ friendly for third consecutive year
On 3 June 2024, Out Leadership published its annual state LGBTQ+ Business Climate Index, which revealed an increase in the number of US states becoming less LGBTQ+-friendly -- for the third consecutive year. New York ranked the friendliest, and Arkansas came last.
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Our View: A staggering 515 anti-LGBTQ+ legislations have been introduced in the majority of bills targeting trans youth. The findings from the LGBTQ+ Business Climate index, therefore, are in alignment with US political sentiment.

Your LGBTQ+ talent needs support at work more than ever, and despite the challenging political climate, there are very tangible things organisations can do to foster an inclusive culture for their LGBTQ+ employees. To explore how LGBT Great can support you to achieve this, contact us today at info@lgbtgreat.com
2. New report finds nearly 17% Gen Z identify as LGBTQ+
2. New report finds nearly 17% Gen Z identify as LGBTQ+
On 27 May 2024, Ipsos released its annual LGBT Pride report, which found that 17% of Gen Z identified as LGBTQ+ from an overall sample of 18,515 adults across 26 countries. Additionally, Gen Z women were found to be more supportive of LGBTQ+ rights and protections than Gen Z men.
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Our View: This trend of younger generations increasingly self-reporting as LGBTQ+ is a promising sign for the future as more people feel comfortable being 'out'. Interestingly, a recent study into the apparent increase in the number of left-handed people mirrors this increase. These phenomena can be attributed to increased visibility and decreased systemic and systematic discrimination against both groups.
3. UK government criminalises possession of puberty blockers
3. UK government criminalises possession of puberty blockers
On 31 May 2024, the UK National Health Service sent a letter to each patient on the puberty blocker waiting list stating that possession of puberty blockers would be considered a crime. However, people currently receiving puberty blockers from the NHS can continue taking them.
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Our View: The "emergency prohibition" issued by the Health Minister needs no democratic legislative process to be implemented. It was last used in 1999 to ban a herbal product that was allegedly causing deaths. This means that the UK now possesses some of the harshest anti-trans laws in Europe. As the UK's recent standing in the the ILGA Europe 2024 rainbow map ranking shows, this is a concerning shift for the country as a whole.
4. New study finds LGBTQ+ employees increasingly value allyship at work
4. New study finds LGBTQ+ employees increasingly value allyship at work
On 22 May 2024, Randstad released data from its Workmonitor Pulse Survey, which found that nearly half (48%) of all LGBTQ+ respondents value allyship at work more than they did before. This increased to 50% for Gen Z and millennial LGBTQ+ employees.
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Our View: Allyship plays a fundamental role in enabling a workplace where LGBTQ+ people feel safe and included. A scoping review published in Cochrane Evidence Synthesis and Methods found that 3 crucial components lead to authentic allyship: (1) knowledge, (2) empathy and (3) action.

To learn more about how you can become an authentic ally, download our latest thought leadership report: Striving for More - Authentic Allyship Guide
5. Study finds LGBTQ+ people have greater financial concerns
5. Study finds LGBTQ+ people have greater financial concerns
On 24 April 2024, Limra released LGBTQ+-specific findings from its Insurance Barometer study, which found that LGBTQ+ people were significantly more concerned with their finances than the general population. These concerns included having enough money for retirement (52% vs 44%), managing potential medical expenses (43% vs 33%), meeting monthly bills (40% vs 31%), and building a sufficient emergency fund (47% vs 37%).
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Our View: The 2023 LEAF survey also found that LGBTQ+ respondents report a far lower annual household income (57% earn less than $50,000) than their non-LGBTQ+ counterparts (36% earn less than $50,000). Additionally, non-LGBTQ+ respondents were 2.5x more likely to report a household income of $100,000 or more than LGBTQ+ respondents.

These significant financial disparities reiterate the disproportionate levels of hardship faced by LGBTQ+ people when it comes to financial well-being and security.
 
Upcoming Community Events
Seeing is Believing - Virtual Session for the Americas and EMEA
Seeing is Believing - Virtual Session for the Americas and EMEA

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Jun 11, 2024
(16:00 - 16:45) (GMT+1)
Seeing is Believing: Virtual Session for APAC and EMEA
Seeing is Believing: Virtual Session for APAC and EMEA

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Jun 19, 2024
(09:00 - 09:45) (GMT+1)
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Applications for new Corporate Members are open. If you would like to find out more about the membership options with LGBT Great, get in touch today via this 
 
Disclaimer
The information contained in this newsletter is for general information purposes only. The information is provided by LGBT Great and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the newsletter or the information, products, services, or related graphics contained in the newsletter for any purpose. All the quotations in the news are presented as originally published. LGBT Great does not necessarily share the views of the quoted authors and is not responsible for the accuracy of the information or quality of the analysis provided by them. Any reliance you place on such information is therefore strictly at your own risk.
 
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