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65% of Fortune 500 Companies Dropped Out of LGBTQ Equality Ratings. Workers Are Paying the Price.

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377 → 131 in One Year

Fortune 500 participation in HRC’s Corporate Equality Index dropped 65% in one year, from 377 companies in 2025 to 131 in 2026. Many of the companies that dropped out hold federal contracts and pulled back after Trump’s executive order banning DEI programs.

65% dropped out. Ford, Walmart, Meta, McDonald’s, Toyota, IBM rolled back LGBTQ policies. Workers at rollback companies report bias at 54.2%, more than double the 24.9% at companies that maintained inclusion.

Named companies that publicly rolled back DEI and LGBTQ policies include Ford, Harley-Davidson, Lowe’s, Walmart, Tractor Supply, Molson Coors, John Deere, Toyota, McDonald’s, IBM, and Meta.

Workers Feel It

The rollback is not symbolic. 39.1% of U.S. workers say their employers scaled back DEI practices. Workers at companies that rolled back inclusion programs report experiencing stigma or bias at a rate of 54.2%, more than double the 24.9% rate at companies that maintained them.

Meanwhile, 108 Fortune 500 companies still achieved a perfect score of 100 on the 2026 CEI. Ten companies that publicly said they would not participate in the HRC survey all improved their scores anyway.

Pride Funding Collapsed

NYC Pride faced a $750,000 funding shortfall after roughly one quarter of top-tier corporate sponsors dropped or scaled back. Mastercard, Garnier, Skyy Vodka, and Target all pulled back. The shortfall persists into 2026 as organizers head into June with half a million dollars less than their $3 million goal.

WorldPride DC 2025 generated $310.7 million in economic impact, but only 30,000 of an expected 200,000 international visitors showed up, with anti-LGBTQ federal policies cited as a deterrent. Australian travel agencies report a 60% decline in U.S.-bound LGBTQ travel inquiries.

What You Can Do

  1. Check whether your employer participates in the Corporate Equality Index.
  2. Support LGBTQ-owned businesses. The NGLCC certifies LGBTQ-owned suppliers.
  3. Read the LGBTQ Rights hub and the anti-trans funding trail.

Primary Sources