Ascena Retail Group

Ann Taylor, LOFT, Lane Bryant, Cacique, Lou & Grey
New Jersey
Consumer Durables and Apparel, Retailing

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Ascena scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, the company increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Ascena 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. The company's CEO signed the CEO Action for Diversity & Inclusion pledge. Ascena opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. The company supports the Equality Act and ESG within its business practices. For these reasons, Ascena receives a High Risk rating.

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