AllianceBernstein
Corprate Bias Ratings
Risk Level:
Summary:
AllianceBernstein, an asset management firm, vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, it has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care" for its employees and their children. AllianceBernstein corporately supports the Equality Act and transgender participation in female sports. For these reasons, AllianceBernstein receives a Medium Risk rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
AllianceBernstein has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. The company received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1)(2).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
AllianceBernstein does not discriminate against religious organizations in its charitable giving. Its gift matching guidelines report that “Gifts to sectarian organizations may be matched at AllianceBernstein’s discretion, if the organization uses the funds primarily to benefit people outside of its own membership… For example, gifts to a church soup kitchen that serves the general public will be considered for matching (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
AllianceBernstein does not provide viewpoint protections for its employees (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
The company opposed the Florida Parental Rights in Education Law, which prohibits teaching gender identity and sexual orientation in schools to kids in K-3rd grade (1). AllianceBernstein also signed open letters supporting the Equality Act (2). It also was part of the Freedom for All Americans coalition, which advocated for federal legislation that would overrule state laws designed to protect girls’ sports and similar laws (3). AllianceBernstein CEO Seth Bernstein is a member of the CEO Action for Diversity & Inclusion (4). The company has “mandatory diversity and inclusion training” for all employees (5).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Uses corporate political contributions for ideological, non-business purposes.
AllianceBernstein does not operate a PAC at this time (1).
All links were last accessed and all information was updated on:
November 27, 2023
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