Monday, November 17, 2014

The Global View

As more and more companies become global they face cultural pressures that run counter to ours. When an American company expands into Muslin countries they face backlash for their support of LGBT human rights.
MetLife’s Gay Rights Support Draws Criticism of Malaysia Partner
Insurance Journal
By Zachary Tracer and Claire Obusan
November 17, 2014

MetLife Inc.’s support for gay rights in the U.S. is drawing criticism to the insurer’s partner in Malaysia. A group in the nation called for a boycott of AMMB Holdings Bhd.’s AmBank, citing MetLife’s recognition as among the best places to work for lesbian, gay, bisexual and transgender individuals.
[…]
Jaringan Melayu Malaysia, the group pushing for a boycott, also called on Malaysia’s government to reconsider allowing the MetLife venture to offer the takaful products.

Subtly Deceiving
“It is clear that the entire time MetLife has been promoting LGBT, subtly deceiving the Muslim people in this country,” Jaringan Melayu Malaysia said on its website. “This looks like a bigger agenda that has malicious intent that obscures the vision of banking, especially Islamic banking in this country.”
Other corporations are also feeling the pressured in Muslim countries and I wonder how Apple is going to fair because of Tim Cook coming out. Will Apple be boycotted and how will this affect U.S. Companies that want to trade globally? Will companies still want a 100 in HRC’s Company Equality Index if it means losing business worldwide?

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