NEPC
Corporate Bias Rating
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Risk Level:
Summary:
NEPC does not publish a nondiscrimination policy but has not publicly canceled business relationships based on views or beliefs. NEPC is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices. NEPC integrates ESG into its business practices. It uses ESG factors in its investment process. NEPC offers DEI training for its employees, as well as "gender bias training for leadership and managers". NEPC appears to prioritize diversity over merit in its business structure through the establishment of gender and racial targets for its investment managers. NEPC is seeking "15% diverse manager representation by the summer of 2024". "NEPC is an Affirmative Action" employer. NEPC is a signatory to the CFA Institute’s Diversity, Equity, and Inclusion Code, indicating its support of DEI in its recruitment, hiring, onboarding, and promotions. Furthermore, the company pledges to integrate DEI into its policies, promote DEI in the investment industry, and provide regular reporting on its DEI metrics to the CFA Institute. However, NEPC does not appear to discriminate against charitable organizations based on views or beliefs and has not used its corporate funds for ideological purposes. For these reasons, NEPC receives a Medium Risk rating.
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