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Archive for January 30th, 2008

ANTI-BIAS HEAT ON BIG BIZ

January 30th, 2008 / Newspaper

The New York Post

By FRANKIE EDOZIEN

City Comptroller Bill Thompson said yesterday the city’s five pension funds have issued resolutions to 24 Fortune 500 companies, calling on them to revise anti-discrimination policies to include sexual orientation and gender identity. “A company can’t reach its full potential if it fails to protect its workforce,” Thompson said. “Equal treatment in the work place is a right, it is not a privilege,” added Public Advocate Betsy Gotbaum. They made their comments at the LGBT (Lesbian, Gay, Bisexual and Transgender) community center, which is celebrating 25 years of service in

New York. Thompson had harsh words for oil giant ExxonMobil, with whom his office has been locked in a battle of wills on the issue. “Exxon Mobil should be ashamed of itself. It has rejected efforts for eight years to ensure that LGBT workers are protected from bias and discrimination.” The city’s pension funds hold 30 million shares worth $2.2 billion of the targeted companies and $110 billion in all. Six companies immediately amended their policies. By forcing resolutions at shareholder meetings during his tenure as comptroller, Thompson has gotten 50 companies to change or expand their policies on discrimination.

 

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