Bank of Oklahoma (BOK Financial)
Corporate Bias Rating
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Risk Level:
Summary:
BOK Financial Corporation often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. BOK Financial occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportHas canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
BOK Financial integrates ESG into all of its business practices. Its commitment to ESG and social justice extends “well beyond the typical corporate commitments” in “both size and scope” (1). However, the company has not publicly canceled business relationships based on political views or religious beliefs (2).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
BOK Financial will not fund “Religious organizations promoting a specific doctrine” (1).
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
BOK appears to prioritize diversity over merit in its recruitment, supply chain, and mentorship program. From its ESG Review: “Build out our diverse supplier program with the goal of increasing the percentage of the company’s spend with small businesses and minority-owned vendors and suppliers. Build a diverse supplier mentor program to assist with best practices, financial education, diversity training and recruiting, and information on how to get financial assistance” (1). The company requires its managers to take unconscious bias training (2). The company offers diversity training to its employees (3). The company does not provide viewpoint protection for its employees (4).
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
BOK Financial committed to recruiting more LGBTQ+ individuals and joined DiversityJobs in 2021 to connect to more members of the LGBTQ+ community (1). The company’s CEO, Stacy Kymes signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (2)(3). The company supports DEI within its business practices, hosting a DEI Council (4). The company supports DEI within its business practices. From its ESG Review: “Recognizing, respecting and leveraging diversity is central to our company. We view this approach not only as a good business practice, but simply as the right thing to do for all employers” (5). The company supports DEI within its business practices. From its ESG Review: “We emphasize our ESG goals with our employees and encourage them to engage in driving initiatives supporting the spectrum—environmental, social and governance” (6).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Board Bias
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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.