The accountancy firm came in 51st place in charity Stonewall’s 2019 most inclusive employers ranking, falling 16 places since last year. It was the only Big Four firm included.
Last year, PwC came in 33rd place, and EY 79th, after being singled out for praise in 2017.
Meanwhile, law firm Pinsent Masons was named the most inclusive employer in 2019, climbing one position from last year.
The firm said it was the first in the legal sector to engage with Stonewall and feature in the charity’s annual review when it launched in 2008.
Stonewall commended Pinsent Masons for its inclusive policies and practices for LGBT staff, including the introduction of specific trans-inclusive employee training.
Richard Foley, senior partner at the Pinsent Masons, said, "This is a very special achievement for us. It isn’t about reaching the top spot; it’s about what the Stonewall Workplace Equality Index stands for and what everyone engaged in it is working so hard to accomplish.
“Our ranking recognises that like many other organisations we are championing LGBT+ inclusion in everything that we do. Pinsent Masons has created an inclusive workplace that enables everyone to be themselves; from our recruitment processes through to our engagement with clients.”
Bryan Cave Leighton Paisner came in second place, followed by Cheshire Fire and Rescue Service, MI5, the National Assembly for Wales and the Newcastle City Council. Lloyds Banking Group, the Welsh government, City and Baker McKinzie completed the top 10.
Darren Towers, Stonewall’s executive director, said, "LGBT-inclusive employers play a crucial role in changing society by using their power and influence to proudly support LGBT people in their organisations.
“Our number one employer of 2019, Pinsent Masons is leading the way championing lesbian, gay, bi and trans equality in the workplace. They know that helping staff feel that they can bring their full selves to work doesn’t just make a huge difference to individual team members – it makes real business sense too.
"Whether as senior leaders, managers or colleagues, we all have a part to play in making sure that our workplaces and communities are places that accept and support LGBT people, without exception."
Anna Purchas, KPMG's head of people, said, “We are proud to have been listed in the top 100 of Stonewall’s Workplace Equality Index for the fourth year running. We are also delighted that our internal LGBT group, Breathe, has been awarded the accolade of ‘Highly Commended Network Group’ by Stonewall. Following our success at the British LGBT Awards where Breathe was announced as network of the Year, these accolades further highlight our commitment to progression on LGBT equality throughout our workplace.”
According to the charity, 37% of trans people feel that they have visible trans role models in their workplace, while 63% of lesbian/gay women and 68% of gay men feel that they have visible gay role models at work.
Furthermore, 66% of lesbian and gay employees feel comfortable disclosing their sexual orientation to their colleagues, compared to only 29% of Bi employers.