Investors and corporates are ploughing ahead of regulators in making their workplaces more LGBTQ+ inclusive, in an effort to please shareholders as pressure rises to incorporate more factors into environmental, social and governance targets.

Interest in ESG issues has surged among financial services firms this year — sending huge flows into ESG-related funds. Morningstar’s global sustainable fund flows data showed inflows almost doubled in the six months to the end of September to a record $3.9tn.