Hyderabad, December 4, 2023: Synchrony, a premier consumer financial services company, has been recognized as an India Workplace Equality Index 2023 Top Employer in the ‘Bronze’ category. This honor acknowledges Synchrony’s exceptional leadership in driving initiatives that promote diversity, equity, and inclusion.
India Workplace Equality Index (IWEI) 2023 is a definitive benchmarking tool for inclusive policies and practices for LGBT+ employees in India. Presented by Pride Circle in collaboration with the Keshav Suri Foundation, the IWEI spotlights organizations that stand out in inclusivity and diversity for their LGBT+ workforce.
With this recognition by the IWEI, Synchrony emerges as an unwavering strength of support for the LGBTQ+ community. Acknowledging that inclusivity goes beyond policy implementation, the company actively engages in initiatives that create a culture of acceptance and understanding. By fostering an environment where employees feel safe and empowered to bring their authentic selves to work, Synchrony addresses the concerns of the LGBT+ community and sets a commendable standard for workplace equality.
“Synchrony’s commitment to promoting a diverse and inclusive environment is not just a policy but a lived experience, showcasing the company’s dedication to ensuring that every member is valued, respected, and celebrated for who they are,” said Kameswari Gangadharabhatla, Vice President, Human Resources – Asia Diversity and Recruitment CEO Leader at Synchrony.
Chumki Sen Gupta, AVP, Audit Manager and PRIDE+ Network Co-Leader India said, “We strive to create an inclusive and diverse environment by educating our employees and celebrating LGBT+ achievements to foster a sense of belonging. As part of our dedication to an inclusive workplace, we offer comprehensive benefits addressing the diverse needs of our LGBT+ employees. This includes same-gender and domestic partner coverage under our group medical insurance policy, ensuring accessible quality healthcare. We go further by supporting gender affirmation surgery and hormone treatment, aligning with our commitment to diverse well-being. Synchrony also actively celebrates Pride Month every June, reinforcing its commitment to diversity and inclusion. This approach encourages a workplace where every individual feels empowered and embraced.”
“As partners, we are incredibly proud to be celebrating the results of the fourth annual India Workplace Equality Index (IWEI), recognizing the great strides that employers have made across India to improve the working lives of LGBT+ people. With 120 organizations now participating in IWEI, we hope that this is the turning point for corporate India and that more employers recognize the true value of supporting LGBT+ people to bring their full selves to work. We are hugely inspired by the outstanding commitment of Synchrony in pushing for change for the LGBT+ community in the workplace, and we cannot wait to see what advances all companies make in 2024,” said Ramkrishna Sinha, Co-Founder of Pride Circle and Rainbow Bazaar.
As Synchrony continues to lead by example, it paves the way for a future where workplaces across industries prioritize the well-being and professional growth of every individual. Synchrony remains steadfast in its dedication to advancing workplace equality and looks forward to continuing its journey toward creating a workplace that mirrors the diversity, strength, and innovation of its incredible workforce.
