Ameriprise Financial
Corporate Bias Rating
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Risk Level:
Summary:
Ameriprise Financial scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Ameriprise Financial increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Ameriprise Financial forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Ameriprise Financial discriminates against some religious organizations in its charitable giving. The company provides unconscious bias training for its employees and supports the Equality Act. Ameriprise Financial’s CEO, James M. Cracchiolo, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company’s CEO is a signatory of the Business Roundtable's 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. For these reasons, Ameriprise Financial receives a High Risk rating.
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