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Friday, May 19, 2023

The Daily Money: Bud Light zinged by LGBTQ+ group

Human Rights Campaign, the nation's largest LGBTQ advocacy group has suspended Anheuser-Busch's Corporate Equality Index score.

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Fri May 19 2023

 

The Bud Light maker's handling of the conservative backlash to transgender influencer Dylan Mulvaney is back in the news.

The trouble began last month when Mulvaney posted a video to her Instagram account promoting a Bud Light March Madness contest. The video featured a photo of a promotional Bud Light tallboy with Mulvaney's face on it. 

What followed was a torrent of criticism from the political right, with conservatives calling for boycotts of Bud Light and Kid Rock releasing a video in which he destroyed cases of Bud Light with an assault weapon. 

Now the nation's largest LGBTQ advocacy group is taking action against Anheuser-Busch. In a May 9 letter shared exclusively with USA TODAY, the Human Rights Campaign informed the Bud Light maker that it has suspended its Corporate Equality Index score – a tool that scores companies on their policies for lesbian, gay, bisexual, transgender and queer employees.

Companies that receive a 100 score on the index's four criteria – protections from workplace discrimination, inclusive benefits, inclusive culture inside and outside the workplace and responsible citizenship – receive a "Best Places to Work for LGBTQ+ Equality" seal of approval from the Human Rights Campaign.

Ap Not Real News F Usa Il

Bottles of Bud Light beer are seen at a grocery store in Glenview, Ill., Tuesday, April 25, 2023.

Nam Y. Huh, AP

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Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

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