Deutsche Bank

Human Resources
Report 2017

Supporting LGBTI communities

We promote an environment where all employees, regardless of sexual orientation, gender identity or expression, can realize their full potential. We actively support LGBTI (Lesbian, Gay, Bisexual, Transgender, Intersex) causes – and our dedicated employee resource group for LGBTI employees and their allies, dbPride, dates back to 2000.

Deutsche Bank became an early adopter of the United Nations Standards of Conduct for Business to tackle discrimination against LGBTI people, launched in September 2017. In the US, we signed two amicus curiae or “friend of the court” briefs with appellate courts which seek to ensure equal rights for members of the LGBTI community. During the year, we also completed Powering Progress, an innovative competition for first-year and sophomore college students in the US to demonstrate their passion for social change by designing a project to help non-profit LGBTI community organizations grow. In Australia, Deutsche Bank joined more than 800 companies in signing an open letter of support for marriage equality, with 61% of the electorate later voting in favor of it. In Germany, the bank explicitly expressed its support for a law that passed the German Parliament and the Federal Council giving same-sex marriages the same rights as heterosexual marriages.

Throughout the year, the bank also took part in a wide range of LGBTI initiatives and events. For the third consecutive year, employees globally acknowledged IDAHOT (International Day Against Homo-, Trans- and Biphobia) by wearing purple and were joined by the full Management Board who took a photo to mark the occasion. dbPride organized many related events globally, bringing people together to mark the day. In particular, DB India launched a successful “dbPride and Ally” program with strong engagement, particularly in the context of local societal and legal challenges.

IDAHOT marks the beginning of Deutsche Bank’s LGBTI Pride Season and continues for several months in various cities worldwide, such as Berlin, Cologne, Dublin, New York and Manila, where colleagues, customers, friends and families participate in Pride Parades. Honoring its commitment, Deutsche Bank has been awarded a perfect score in the annual Human Rights Campaign’s Corporate Equality Index for the 15th consecutive year. Furthermore, the Financial Times newspaper and OUTStanding, a professional LGBTI network, honored four of our employees in their 2017 “Leading LGBTI and Ally Executives” lists, which are now in their fifth year and recognize executives who promote LGBTI inclusion within and outside their workplace.