Opinion Corporate leaders: Companies should work against anti-LGBTQ bills in Texas, other states
Corporate Leaders Decry Anti-LGBTQ Legislative Moves in U.S.
Executives at four multinationals cite negative economic effects of bills seen as restricting trans rights and diminishing other freedomsIn an open letter published Wednesday in USA Today, the business leaders denounced the bills as dangerous and called on corporations to take action. The signatories were Chris Adamo, vice president of federal and industry affairs in North America at Danone SA; Brad Figel, vice president of public affairs in North America at Mars Inc.; Molly Fogarty, senior vice president of U.S. corporate and government affairs at Nestlé SA; and Tom Langan, North America director of sustainable business and external affairs at Unilever.
As four of the largest food companies and major employers in the United States, we view the growing number of anti-LGBTQ+ bills under consideration in state legislatures, including those that target transgender people and particularly children, with increasing alarm.
These bills are bad for families, for communities, for businesses and for the U.S. economy, all still reeling from the COVID-19 pandemic.
We condemn dangerous, discriminatory legislation that serves as an attack on LGBTQ+ individuals, particularly transgender and nonbinary people. Such laws not only threaten hard-won progress to bring greater awareness, support and equality to transgender Americans, they also threaten the livelihoods and safety of their communities and their families.
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The bill is a “natural complement to the Equality Act,” Torres said, and will help ensure that LGBTQ business owners have access to credit.Torres, the first gay Afro Latino elected to Congress, told NBC News that the LGBTQ Business Equal Credit Enforcement and Investment Act will amend part of the Equal Credit Opportunity Act, which requires financial institutions to collect data on credit applications submitted by minority- and women-owned small businesses. Torres’ bill would require data collection on LGBTQ-owned businesses as well.
This motivates us to continue using our influence to advocate for policies thatat the federal and state levels, including swift Senate passage of the Equality Act.
Member companies of the, including Danone North America, Mars, Inc., Nestlé USA and Unilever United States, urge the entire U.S. business community to do the same.
This issue is not political. Providing the same basic protections to LGBTQ+ people as are provided to protected groups under federal law is the right thing to do for businesses and for society.
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"Talking about corporate tax cuts and reducing burdensome regulations doesn't do it for our new voters," one Republican lobbyist said.In the past week alone, American Airlines and computer company Dell came out strongly against GOP-led bills that place restrictions on voting in their home base of Texas. South Dakota Gov. Kristi Noem, a rising star in Republican Party, continued to take heat for nixing a bill that would have imposed a ban on transgender athletes in sports, citing the potential impact on her state's bottom line. And conservatives spent days bashing "vaccine passports" some businesses think are needed to return to normal.
We employ tens of thousands of people in communities across the country. We embrace diversity in our workforces. Inclusive principles already guide the way we work, run our successful businesses, and engage with our employees and communities.
Discriminatory legislation — in threat and in practice — directly and negatively impacts the ability of our businesses to compete. It undermines our ability to recruit our future workforces and retain existing talent in states like Arkansas, Florida, Kentucky, Tennessee, West Virginia, Texas and others enacting and considering draconian legislation.
In Kentucky, for example, proposed legislation would allow health care providers to turn away LGBTQ+ and other patients, and bar trans youth from K-12 public school and university sports. Similarly, in Texas, legislators have proposed bills that would ban transgender girls from youth sports.
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When states legislate this way, not only do they create an environment where not everyone feels safe and welcomed, they endorse it. Such environments deny transgender and nonbinary people the opportunity to fully contribute to the economies in places where they work and live. This harms them and their families and hinders businesses and local communities.
We applaud Arkansas Gov. Asa Hutchinson's decision this week to.
Such policies are out of step with the views of most Americans. The overwhelming majority of Americans support full equality for LGBTQ+ people,.
Legislation hurts states' economies
The ramifications of these discriminatory bills on states’ economic and financial health are also well-documented. A UCLA study found that the social, economic and health effects of stigma and discrimination against LGBTQ+ peopleby tens of millions of dollars each year. Another that discriminatory legislation could result in an estimated economic loss to Texas’ gross domestic product ranging from $964 million to $8.5 billion.
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The impacts of such bills are not limited to the states where they are passed. Researchersa clear link between LGBTQ+ discriminatory practices and legislation and the corresponding loss of potential economic output. For LGBTQ+ youth, the study found that discrimination harms their learning, resulting in increased dropout rates and, consequently, reduced participation in the workforce.
We acknowledge that words are powerful. But for companies to engage new generations of workers and consumers, while fostering an environment good for people and for business, we must move beyond only public statements of support for LGBTQ+ issues.
Companies should protect employees
Companies have a responsibility to actively work with federal and state legislators to advocate against bills that harm our employees and our customers, and to advance fairness and equality for all Americans.
We four SFPA companies are committed to stepping up and taking action, including through our advocacy on this important issue. Doing so will support an environment in which all people can grow, thrive, compete and succeed as their true, authentic selves.
Chris Adamo is vice president of Federal and Industry Affairs at Danone North America. Brad Figel is vice president of Public Affairs North America at Mars, Inc. Molly Fogarty is senior vice president of Corporate & Government Affairs at Nestlé USA. Tom Langan is North America director of Sustainable Business & External Affairs for Unilever.
This article originally appeared on USA TODAY:
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