Amika - 1792 Exchange

Corporate Bias Rating

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Risk Level:

Medium Risk

Summary:

Amika is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Amika occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria

Risk Level

Rationale

Corporate Weaponization

Criteria

Has canceled 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

Amika has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria

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

Risk Level

Rationale

Amika’s charitable giving guidelines require that donations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender identity, thereby excluding some religious charities (1)(2).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level

Rationale

Amika offers a sustainability glossary to its employees which “provides transparency and context to ESG buzzwords and our partner organization” (1). Amika does not publish a nondiscrimination policy (2).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

Amika is committed to net zero emissions by 2030 (1). Amika supports DEI within its business practices, employing a DEI and Giving Back Committee (2). Amika published a Support and Educational Resource for the LGBTQ+ Community and Allies Guide on its blog (3).

Criteria

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

Risk Level

Rationale

Amika provides a benefits package for employees that covers travel/lodging costs for an abortion (1)(2). Amika gives 1% of its profits to causes “focused on progressing people and increasing equity within the beauty industry.” Amika partners with Beauty Changes Lives an organization that awards scholarships to BIPOC or LGBTQ students. It also partners with SoGal, an organization that supports non-binary entrepreneurs (3)(4). Amika funded $5,000 to the Okra Project, an organization that supports transgender issues (5)(6). In 2023, Amika funded the Brooklyn Community Pride Center (7)(8). Otherwise, there are no publicly known cases of Amika using corporate funds to advance ideological causes, organizations, or policies (9).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level

N/A

Rationale

Amika does not operate a PAC or engage in lobbying at this time (1)(2)(3).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.