Allspring Global Investments

North Carolina
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Allspring Global Investments, formerly the asset management unit of Wells Fargo until November 2021, does not provide viewpoint protections for its employees. However, the company has not publicly canceled business relationships based on views or beliefs. Allspring has integrated ESG into its investment practices, ranking potential funds based on ESG-related criteria in alignment with the UN's Sustainable Development Goals. The company has joined ClimateAction100+ and Ceres Network. Allsprings' CEO, Joseph A. Sullivan, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. However, the company has not used corporate funds to advance ideological purposes. For these reasons, Allspring Global Investments receives a Medium Risk rating.

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