Ally Financial - 1792 Exchange

Corprate Bias Ratings

Risk Level:

High Risk

Summary:

Ally Financial vets vendors according to LGBTQ policies and does not protect its employees 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 and supports the Equality Act. Ally Financial will match donations to Planned Parenthood and has given to the Equality PAC. The company pledged over $5 million to BLM and related causes and has partnered with GLAAD to promote LGBTQ businesses. For these reasons, Ally Financial receives a High Risk rating.

Criteria

Risk Level

Rationale

Corporate Weaponization

Criteria

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.

Risk Level

Rationale

Ally Financial received a score of 100 on the Human Rights Campaign’s Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). Ally Financial has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level

Rationale

Ally Financial will not match employee donations to churches or religious organizations, “Faith-based organizations or religious programs that do not serve the
broader public regardless of religious belief” (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level

Rationale

Ally Financial does not provide viewpoint protections for its employees (1)(2).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level

Rationale

Ally released a statement following the death of George Floyd calling for “not only racial equality but racial equity” (1). Ally has also signed an open letter in support of the Equality Act (2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

Ally Financial has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). The company will match donations to Planned Parenthood and has partnered with the Gay and Lesbian Alliance Against Defamation to promote LGBTQ businesses (3)(4). Ally Financial has pledged over $5 million to the Black Lives Matter movement and related causes (5)(6).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level

Rationale

Ally Financial donated to the Equality PAC but does not lobby in an ideological manner (1)(2).

All links were last accessed and all information was updated on:
December 5, 2023

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