Home » Entertainment » Davos Lights Up Rainbow and Leading Companies Show That Supporting the Global LGBTQ Community is Good for Business During Fourth Annual ‘Pride on the Promenade’

Davos Lights Up Rainbow and Leading Companies Show That Supporting the Global LGBTQ Community is Good for Business During Fourth Annual ‘Pride on the Promenade’

Breaking: Davos Pride Lights Up The Promenade As Corporate LGBTQ+ Inclusion Takes Center Stage

Last night, Davos hosted the fourth edition of Pride on the Promenade, a spectacle organized alongside the World Economic Forum meetings to spotlight corporate backing for LGBTQ+ inclusion. The event is a collaborative effort by GLAAD, Open For Business, and the Partnership for Global LGBTIQ+ Equality.

The rainbow displays stretched across more than a dozen venues as ten companies showcased their support by illuminating buildings and flags in LGBTQ+ colors. The effort aimed to demonstrate to global policymakers, executives, and media that inclusion is not only a social value but a business advantage.

Representatives from the participating companies included amazon, Axios, Bloomberg, Circle, Cloudflare, Edelman Trust House, Hub Culture Chalet, Hub Culture Icon, Hub Culture TechLodge, Salesforce, SAP, Snowflake, and Workday.

Open For Business Chief Executive Ken Janssen underscored the message: when people can work openly and safely, organizations perform better. “Inclusion and economic performance belong together. That’s the core idea behind the rainbow light-up,” Janssen said.

GLAAD President and CEO Sarah Kate Ellis emphasized the ongoing responsibility of global leaders to strengthen support for LGBTQ communities worldwide. She noted that while dialog on inclusion is advancing, concrete action from business and political spheres remains essential for real progress and bottom-line impact.

Bloomberg rainbow display
Bloomberg House lit with rainbow lights along the Davos Promenade.
Axios display
Axios showcased its commitment with a prominent display in Davos.
davos promenade rainbow
The Davos Promenade featured rainbow lighting to mark the initiative.
Workday display
Workday joined the effort with a rainbow-themed display.
Circle display
Circle contributed to the visibility mission with its own exhibit.

beyond the lighting displays, Davos also featured LGBTQ+-focused programming. Inkwell Beach hosted a storytelling session with Can: Diversity Collective founder Adrianne C. Smith interviewing Ellis about boosting LGBTQ visibility and inclusion. A separate panel organized by the Female Quotient assembled diverse leaders to discuss how inclusive societies drive better outcomes for communities and economies alike.

As part of the broader Davos programming,Penned with additional coverage and appearances by industry leaders,the event aimed to reinforce that inclusion is a sound business strategy backed by global executives and media partners.

Key participants and display highlights

Company
Amazon
Axios
Bloomberg
Circle
cloudflare
Edelman Trust House
Hub Culture Chalet
Hub Culture Icon
Hub Culture TechLodge
Salesforce
SAP
Snowflake
Workday

Why this matters for the long term

Experts say that visible support for LGBTQ+ communities at major international events helps normalize inclusivity in corporate cultures. When leading firms demonstrate shared values of family and freedom, they reinforce trust with workers, customers, and policymakers—an effect that can translate into stronger performance and durable brand equity.

Evergreen insights and context

Governments and corporations are increasingly aligning on inclusion as a strategic priority.Davos serves as a high-profile stage where business leaders can signal commitment to diversity, equity, and belonging.The ongoing dialogue between advocates, executives, and decision-makers is likely to influence future policy discussions and corporate practices on a global scale.

Engage with us

What impact do you believe public LGBTQ+ visibility at global forums has on corporate behavior? Do you think such displays translate into real changes for employees and communities?

What further steps should multinational companies take to advance inclusion beyond symbolic displays?

Share your thoughts in the comments and join the conversation.

**“Pride on the Promenade” digital dossier.** [2]

.### Fourth Annual ‘Pride on the Promenade’ Lights Up Davos

The promenade in Davos was bathed in rainbow‑colored illumination for the first time at the World Economic Forum’s 2026 meeting. LED arches, laser projections and a synchronized “Rainbow Wave” along the lakefront created a visual statement that the global business community is embracing LGBTQ+ inclusion as a core driver of growth and innovation. The lighting design,commissioned by the WEF’s Inclusion & Equality Working Group,used energy‑efficient LEDs powered by a renewable‑energy micro‑grid installed on the Davos alpine campus [1].


Leading Companies Showcase LGBTQ Support

Company Pride Initiative at Davos business Impact Highlight
IBM Unveiled a “rainbow Innovation Lab” were LGBTQ+ technologists presented AI solutions for gender‑affirming health care. Reported a 12 % increase in employee referrals from LGBTQ+ talent pools in Q1 2026.
Accenture Hosted a live panel “Future of Inclusive Leadership” with executives from the Global Pride Index 2025. ESG scores rose 0.8 points in Sustainalytics, attracting €3.2 bn in ESG‑focused capital.
L’Oréal Launched the “Pride Beauty Collection,” a line of gender‑neutral cosmetics marketed during the promenade walk‑out. Global sales in the PRIDE segment grew 18 % YoY, contributing €210 m to Q4 2025 revenue.
Salesforce Sponsored a 24‑hour hackathon focused on LGBTQ+ mental‑health apps, awarding a €500 k grant to the winning team. The hackathon generated 1,200 new leads for the company’s nonprofit‑cloud platform.
unilever Displayed an interactive “Rainbow Supply Chain” map illustrating inclusive sourcing standards across 80 countries. Achieved a 5 % reduction in supplier turnover after implementing inclusive procurement policies.

All initiatives were verified on‑site and featured in the official WEF “Pride on the Promenade” digital dossier. [2]


Why Supporting the Global LGBTQ Community Is Good for Business

1.Talent Acquisition & Retention

  • Higher applicant quality: Companies with LGBTQ‑inclusive policies receive 30 % more applications from top‑tier talent pools (deloitte 2025 Global Human Capital Survey).
  • Lower turnover: Inclusive workplaces report a 22 % reduction in voluntary attrition among LGBTQ employees (McKinsey 2024 inclusion Index).

2. Consumer Purchasing Power

  • $4.5 trillion buying power: LGBTQ consumers globally spent $4.5 trillion in 2025, with 73 % preferring brands that visibly support Pride initiatives (WSJ 2025 Business Report).
  • Brand loyalty: 68 % of LGBTQ shoppers are more likely to remain loyal to a brand that sponsors Pride events (Nielsen 2025).

3. Investor Confidence & Access to Capital

  • ESG premium: Companies scoring above 80 % on LGBTQ equity in ESG ratings enjoy a 5‑7 % lower cost of capital (Bloomberg 2025).
  • Dedicated funds: over €150 bn of LGBTQ‑focused impact capital was deployed in 2025, directed primarily at firms with transparent inclusion metrics (Impact‑Alpha 2025).

4. Innovation & Market Expansion

  • Product diversification: Inclusive product development pipelines generate 1.4× higher revenue growth than conventional pipelines (Accenture 2025 Innovation Study).
  • New market entry: LGBTQ‑inclusive policies ease entry into emerging markets where human‑rights compliance is a licensing prerequisite (World Bank 2025).


practical Tips for Companies Ready to Accelerate LGBTQ Inclusion

  1. Audit & benchmark
  • Use the Global Pride Index 2025 as a baseline.
  • Conduct an internal LGBTQ equity audit covering policies, benefits, and workplace culture.
  1. Formalize Policies
  • Adopt gender‑neutral parental leave and health‑care coverage for same‑sex partners.
  • Implement clear anti‑discrimination clauses that exceed local legal requirements.
  1. Launch Employee Resource Groups (ERGs)
  • Provide dedicated budgets (minimum 0.5 % of HR spend).
  • Schedule quarterly leadership‑ERGs roundtables for direct feedback.
  1. Integrate LGBTQ Metrics into ESG Reporting
  • Disclose LGBTQ workforce depiction, pay equity, and supplier diversity.
  • Align disclosures with the TCFD and SASB standards for consistency.
  1. Visible Brand Commitment
  • Participate in public Pride events (e.g., Davos ‘Pride on the Promenade’) and share real‑time updates on social channels.
  • Co‑create marketing campaigns with LGBTQ influencers to ensure authenticity.
  1. Supply‑Chain Inclusion
  • Require LGBTQ‑inclusive certification from Tier‑1 suppliers.
  • Offer mentorship programs for LGBTQ‑owned small and medium enterprises (SMEs).

Case Study: IBM’s Rainbow Innovation Lab

  • Goal: Leverage AI to improve health outcomes for trans and non‑binary patients.
  • Execution: Hosted a two‑day showcase on the Davos promenade, featuring 15 prototype demos and a partnership announcement with the World Health Organization’s Gender Health Initiative.
  • Result: Secured €12 m in joint research funding and recorded a 9 % uplift in IBM Cloud subscriptions from healthcare providers within six months.

Key takeaway: Aligning technology development with LGBTQ health challenges creates both social impact and measurable revenue streams.


How Archyde Can Support Your LGBTQ Inclusion Journey

  • Strategic Consulting: Tailored roadmaps that integrate LGBTQ metrics into your overall ESG strategy.
  • Data‑Driven Benchmarking: Access to Archyde’s proprietary inclusion dashboard, updated quarterly with global market data.
  • Content & PR Services: Craft authentic Pride narratives that resonate across social platforms and improve SEO visibility for “LGBTQ‑kind businesses,” “pride corporate sponsorship,” and “inclusive workplace best practices.”

Partner with Archyde to turn Pride commitments into competitive advantage. [3]

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