Coinbase is the crypto powerhouse that lets users buy, sell, trade, and store digital assets like Bitcoin and Ethereum, acting as a gateway to the blockchain world with features like wallets, staking, and even a debit card for spending your coins at Starbucks. It started as a San Francisco startup founded by Brian Armstrong and Fred Ehrsam, riding the Bitcoin wave to become the first crypto exchange to go public on Nasdaq, weathering regulatory storms and market crashes while pushing for mainstream adoption.
Coinbase plays the inclusion game with BID (Belonging, Inclusion, Diversity) initiatives that sound like DEI's cooler cousin, partnering with diverse groups and preaching fairness while dodging quotas, all to "build an equitable future" in crypto – though they famously went apolitical after BLM drama, leading to employee exits and racism accusations. They've got HRC scores for LGBTQ workplace equality, ESG nods in reports to offset Bitcoin's eco-guilt, and racial equity through donations and hiring tweaks, like they're trying to make crypto as "inclusive" as a San Fran pride parade, but with less glitter and more blockchain buzzwords.
Coinbase sponsored diversity and inclusion events prior to adopting an apolitical stance. The sponsorship involved staff from various backgrounds participating in the events.
Coinbase receives ESG scores from S&P Global assessing environmental, social, and governance performance. The scores evaluate risks and opportunities in these areas.
Coinbase participates in the Human Rights Campaign's Corporate Equality Index for LGBTQ workplace policies. The index evaluates benefits and protections for LGBTQ employees.
Coinbase highlights its efforts in belonging, inclusion, and diversity as part of company operations. These initiatives are integrated into their mission-focused strategy.
Coinbase emphasizes belonging, inclusion, and diversity through mission-focused efforts and partnerships with diverse organizations. The company monitors processes to avoid bias and tracks employee sentiment for improvements.