LGBT+ History Month, with Eduardo Machado, PWC

Certainly, it's a pleasure to be here discussing such an interesting topic with the Chambers team. Stonewall was the most significant milestone in the fight against oppression faced by the LGBTI+ community. This event in the late 60s in the US had a global impact, although it took some time to resonate in Brazil, mainly due to the military dictatorship our country was facing at that time. Due to the political climate, we didn't have the space for discussions related to sexual freedom—let alone the power to elect our representatives! 

In Brazil, it was in the 80s that the flag for LGBTI+ rights started gaining strength within the context of the democratisation we were experiencing. Another historic milestone occurred in that decade: the AIDS epidemic. Despite being a disease that caused widespread suffering and increased stigma and prejudice towards our community, it also brought a positive aspect—unity in seeking treatment and government actions. Stonewall ultimately inspired the pursuit of equal rights in Brazil, but we felt its effects with a slight delay. However, it's better late than never! 

The delayed impact of Stonewall in Brazil was due to the challenging political environment during the military dictatorship, restricting discussions on sexual freedom. The subsequent decade, marked by the AIDS epidemic, paradoxically brought unity to the LGBTI+ community, setting the stage for the fight for equal rights. 

The unity within the LGBTI+ community in Brazil against the devastating effects of AIDS catalysed various issues—demanding government intervention for effective and free treatment without any discrimination, discussions about legislation offering equal rights to all citizens, combating societal prejudice based on sexual orientation and gender identity, among many other topics. It's no coincidence that in the next decade, in the 90s, we started our first LGBTI+ pride parade in Brazil, inspired by Stonewall, advocating for respect and equal rights for our community. 

The AIDS epidemic became a catalyst for diverse discussions within the LGBTI+ community, sparking demands for government intervention, legislative changes, and societal attitude shifts. The subsequent initiation of pride parades in the 90s marked a crucial step towards visibility and equal rights. 

Globally, Brazil is well-positioned in terms of LGBTI+ rights advancements. Most rights demanded by the LGBTI+ community are guaranteed in Brazil—marriage, recognition of family status, the right to have children, retirement, property division, criminalisation of homophobia, and the use of trans people's chosen names, among others. Unfortunately, the judiciary granted all these rights through our Supreme Court. Our legislative branch has been unable to pass bills ensuring respect and equality for the LGBTI+ population, creating uncertainty about the sustainability of our achieved rights. This is due to a significant portion of conservative politicians in our legislature opposing the universal and liberal agenda of rights. 

While Brazil has made strides in recognising LGBTI+ rights, the fact that most rights were judicially granted underscores the legislative challenges. Conservative opposition in the legislature adds complexity, raising concerns about the enduring nature of these rights. 

Brazilian companies have made considerable progress in promoting diversity and inclusion in their workplaces. There is a greater awareness today of the importance of these practices, not only as a social issue but also as a key aspect of corporate success. Workplace diversity is crucial as it attracts talent, fostering more innovative and inclusive environments. More progressive companies understand that including the LGBTI+ community is integral to their social responsibility efforts. The growing interest of companies in advancing the ESG agenda has also contributed significantly to understanding the importance of LGBTI+ diversity and inclusion. To ensure their survival and competitiveness in the market, companies must ensure that the inclusion of LGBTI+ professionals is a reality. 

I recently learned about Chambers' initiative to award the most engaged leaders and law firms the best diversity and inclusion practices. This is an excellent idea that recognises those who have invested in the subject and encourages other law firms to provide an inclusive work environment for their LGBTI+ employees. 

The evolution of Brazilian companies towards inclusivity reflects a broader understanding of diversity as a strategic asset. The intersection of corporate success and social responsibility is recognised, with the ESG agenda playing a pivotal role. Initiatives like Chambers' awards contribute to fostering a culture of inclusivity in the legal sector. 

The inclusion of the trans population is a crucial point that is often overlooked. I understand this issue is the last major barrier we must break. It is essential for companies not only to acknowledge the importance of this inclusion but also to take tangible measures to create opportunities and welcoming work environments. This involves not only inclusive internal policies but also proactive efforts to recruit qualified trans talent. By addressing this issue head-on, companies play a crucial role in promoting equality for the trans community. 

Recognizing the often-overlooked inclusion of the trans population as the final barrier emphasises the urgency for companies to take proactive measures. Beyond policies, tangible efforts in recruitment are crucial for creating an inclusive work environment that fosters equality for the trans community. 

Career advancement is an essential part of the diversity and inclusion equation. It's not just about attracting and retaining talent but also ensuring that the LGBTI+ community is represented at all levels of the corporate hierarchy. LGBTI+ leaders play a crucial role as role models, inspiring others and shaping a more inclusive corporate culture. Companies that recognise the importance of having diverse leaders are better positioned to drive change and create truly egalitarian workplaces. 

Here at PwC, we recognise the importance of LGBTI+ professionals holding leadership positions within our firm. Last year, we launched an innovative career acceleration program for our LGBTI+ professionals, offering a range of content (including a learning track covering both soft and hard skills) to provide all the tools necessary for them to reach higher positions in our company within a short period. We hope this initiative will inspire other Brazilian companies to offer a similar program to their employees and positively impact our society. 

Acknowledging career advancement as integral to diversity, PwC's initiative stands as an example, providing tools for rapid progression. LGBTI+ leaders serve as catalysts for cultural change, enabling companies to embody inclusivity at all levels truly. 

I appreciate the opportunity. Remembering our history, especially Stonewall, which allowed us to reach where we are today, is essential. In the current scenario, companies play a significant role in promoting diversity and inclusion, influencing not only the corporate environment but also advocating for legislative changes. We must continue to progress, especially in the inclusion of the trans population, and work towards a future where everyone has equal rights and opportunities. 

I also want to emphasise the importance of having LGBTI+ individuals in leadership positions within companies because I recognise the significance of role models for professionals starting their careers, showing that sexual orientation and gender identity should not limit or condition anyone's career.  

Thank you for the space, and once again, I congratulate Chambers for discussing the LGBTI+ theme and awarding companies and leaders who stand out with actions that promote diversity and inclusion in their workplaces.