AllianceBernstein
Corporate Bias Rating
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Risk Level:
Summary:
AllianceBernstein scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, the company increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Alliance Bernstein forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. AllianceBernstein supports the Equality Act and was part of the Freedom for all Americans Coalition. The company is a member of the Net Zero Asset Managers Initiative, and its CEO signed the CEO Action for Diversity and Inclusion pledge. For these reasons, AllianceBernstein receives a High Risk rating.
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