Ares Management Corporation
Corprate Bias Ratings
Risk Level:
Summary:
Ares Management Company, vets vendors according to LGBTQ policies and integrates ESG into all of its business practices. However, it has not publicly terminated business relationships based on views or beliefs. Ares Management covers the cost of "medically necessary transition-related care” for its employees and their children. The company discriminates against religious organizations in its charitable giving, frequently uses its reputation to promote LGBT issues, and requires employees to take unconscious bias training. However, it does protect its employees from viewpoint discrimination. For these reasons, Ares Management Corporation 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.
Ares Management Corporation received a 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this indicates the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). Ares Management integrates ESG into all of its business practices. It wants to be “a leader for integration of environmental, social and corporate governance factors” and believes this will “help create better investment outcomes” (3)(4)(5). However, Ares Management has not publicly terminated business relationships due to religious or political beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Ares Management protects its employees against viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Ares Management’s CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (1). The company is a corporate partner of the NGLCC (2). Ares Management requires its employees to complete unconscious bias training and promotes its LGBTQ ERG “Out at Ares” (3)(4). Ares Management partners with “Out for Undergrad” an LGBTQ2+ undergrad conference network and is a member of “Out Investors”, an LGBT+ investment professionals’ network (5)(6). Ares Management publicly celebrates Pride Month by hosting panel discussions, showcases, and social events for its employees (7). Ares Management held an event “Stronger Together: The Power of Solidarity” inviting speakers from the ACLU to speak on the history and significance of Pride month (8). Ares Management hosted an interactive discussion in celebration of Pride month and what solidarity and allyship look like for Black and LGBTQ+ communities (9).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Uses corporate political contributions for ideological, non-business purposes.
Ares Management does not operate a PAC at this time (1).
All links were last accessed and all information was updated on:
November 28, 2023
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