Allspring Global Investments
Corprate Bias Ratings
Risk Level:
Summary:
Allspring Global Investments, formerly the asset management unit of Wells Fargo until November 2021, does not protect its employees against viewpoint discrimination. However, the company has not publicly terminated business relationships based on views or beliefs. Allspring has integrated ESG into all its investment practices, ranking potential funds based on ESG-related criteria in alignment with the UN's Sustainable Development Goals. The company has joined multiple coalitions dedicated to climate- and DEI-related advocacy. However, Allspring has not used corporate funds to advance ideological purposes and does not publish charitable giving guidelines. For these reasons, Allspring Global Investments 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.
Allspring has instituted ESG screening policies for potential investments to de-incentivize investment in a variety of industries, including fossil fuels (1). The company has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Allspring does not publish charitable giving guidelines.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Allspring does not provide viewpoint protections for its employees (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Allspring supports ESG within its business practices. The company integrates ESG into its investment selection process, ranking potential funds based on adherence to ESG-related goals such as climate advocacy and diversity (1)(2). Allspring has committed to the UN’s Sustainable Development Goals, including social and climate advocacy (3). The company is a member of the Climate Action 100+ and the Ceres Network, which aim to encourage similar adherence to ESG goals in the finance industry (4)(5). Allsprings’ CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (6).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Allspring has not used corporate funds to advance ideological causes, organizations, or policies (1).
Uses corporate political contributions for ideological, non-business purposes.
Allspring does not operate a PAC at this time (1).
All links were last accessed and all information was updated on:
September 28, 2023
Company reports are intended for educational use only. Full Disclaimer