LGBT Rights in Hong Kong - Living Conditions - Business Sector

Business Sector

Since homosexuality is still a sensitive taboo issue in Hong Kong, discrimination based on sexual orientation in the corporate sector is pervasive. LGBT employees are often victims of various levels of discrimination or harassment. Most companies do not include sexual orientation in their diversity and inclusion policies. And, with no legislation protecting LGBT employees, the situation is far from being resolved satisfactorily. This is also true for multinational corporations. Although a lot of US- or Europe-based companies in Hong Kong may have non-discrimination policies protecting their LGBT employees in their home countries, most of them do not adopt such practices in Hong Kong. Such a phenomenon makes many local employees and even expatriates vulnerable targets for discrimination.

For years, advocate groups have worked to promote and advance the extension of non-discrimination policies in the corporate sector for LGBT minorities. Only a limited number of multinational companies have explicitly embraced such policies, namely Goldman Sachs and IBM. Only a handful of local and China-based companies have extended non-discrimination protection to LGBT employees, including blue-chip stock companies.

The following table shows sexual orientation non-discrimination practices of these Hong Kong companies as of 3 March 2012.

Stock Code Hong Kong Hang Seng Index Constituents (Blue Chip Stocks) Publicly Accessible Statements or Policies For Hong Kong Workplace Notes
Equal Opportunity Employer A List of Anti-discrimination Except for Sexual Orientation A List of Anti-discrimination Including Sexual Orientation
0001 Cheung Kong (Holdings) Ltd Website
0002 CLP Holdings Ltd Website Website
0003 Hong Kong and China Gas Company Limited
0004 Wharf (Holdings) Ltd Website Website
0005 HSBC Holdings plc Website Website
0006 Hong Kong Electric Holdings Ltd Website Website Website As of 3 March 2012, the Chinese version of the statement uses the phrase “sexual preference”. This may potentially indicate the company’s view on whether or not one’s sexuality is a choice.
0011 Hang Seng Bank Ltd Website Website
0012 Henderson Land Development Co. Ltd
0013 Hutchison Whampoa Ltd Publication Publication
0016 Sun Hung Kai Properties Ltd Publication Publication
0017 New World Development Co. Ltd.
0019 Swire Pacific Ltd Code of Conduct Code of Conduct Code of Conduct
0023 Bank of East Asia, Ltd Publication Publication
0066 MTR Corporation Ltd Code of Conduct Code of Conduct
0083 Sino Land Co Ltd
0101 Hang Lung Properties Ltd
0144 China Merchants Holdings (International) Co Ltd
0151 Want Want China Holdings Ltd
0267 CITIC Pacific Ltd Publication
0291 China Resources Enterprise, Ltd
0293 Cathay Pacific Airways Ltd Publication Publication Publication The company also has its own Vendors' Code of Conduct and forbids sexual orientation discrimination in its vendors' work environment; otherwise, the company may choose a different vendor.
0322 Tingyi (Cayman Islands) Holding Corp
0330 Esprit Holdings Ltd Publication Publication Publication The Chinese version of the statement uses the phrase “sexual preference”. This may potentially indicate the company’s view on whether or not one’s sexuality is a choice.
0386 Sinopec Corp Website Website Publication The list of anti-discrimination on the website does not include sexual orientation, but it is included in the Sustainability Report. This may potentially indicate inconsistency in enforcing relevant policies or poor communication within the company.
0388 HKEx Limited HR Manual HR Manual HR Manual
0494 Li & Fung Ltd Publication Publication Publication The company also has its own Vendors' Code of Conduct and forbids sexual orientation discrimination in its vendor' work environment; otherwise, the company may choose a different vendor.
0688 China Overseas Land & Investment Limited
0700 Tencent Holdings Limited
0762 China Unicom Ltd
0836 China Resources Power
0857 PetroChina Company Limited Website Website
0883 CNOOC Ltd Publication Publication Publication
0939 China Construction Bank
0941 China Mobile Ltd Publication Publication
1044 Hengan International Group Co. Ltd
1088 China Shenhua Energy Company Limited
1109 China Resources Land Limited
1199 COSCO Pacific Ltd
1299 American International Assurance
1398 Industrial and Commercial Bank of China
1880 Belle International
1898 China Coal Energy
2318 Ping An Insurance
2388 BOC Hong Kong (Holdings) Ltd Publication Publication
2600 Aluminum Corporation of China Limited
2628 China Life
3328 Bank of Communications Ltd
3988 Bank of China Ltd Publication Publication

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