BIG BUSINESS

Fewer Companies Get Top Grade As HRC Releases Annual Corporate Report Card

The Human Rights campaign has released it’s 2012 Corporate Equality Index (CEI) and not everyone’s going to be happy about it.

The good news is that some 88 companies on the Fortune 500 scored 100% in the report, which measures how employers at large firms treat LGBT employees. Businesses rated 100%—which includes The Gap, Goldman Sachs, Google, Toyota and Nike—are recognized in the “Best Places to Work” category.

Now the bad news: The total number of companies that earned a perfect score, 190, represents a major drop from last year, when 338 businesses got the gold-star approval from HRC.

That can partially be explained by the fact that HRC is taking a closer look at how companies treat transgender employees, in addition to examining how gay staffers are represented in all corporate strata and whether employee benefits treat LGBT workers fairly.

“This rating reflects equal health-care coverage for all LGBT employees and their families, including full parity for domestic partner benefits not only in basic medical coverage, but in dependent care, retirement and other benefits that affect families’ financial and medical well-being,” said HRC president Joe Solmonese.

Ironically, financial institutions like Bank of America represent the largest sector getting top scores on the CEI.

We guess it’s just bank customers getting fucked over.