Barclays US

Delaware
Banks, Insurance

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Barclays vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, though the company 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. Barclays supports the Equality Act and funds multiple LGBTQ organizations. The company is committed to carbon neutrality by 2040. However, the company does not use its PAC contributions for ideological purposes. For these reasons, Barclays receives a Medium 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

Barclays US received a score of 100 on the Human Rights Campaign’s Corporate Equality Index, which, among other characteristics, means that it has pledged to vet vendors for support of LGBTQ policies (1)(2). However, Barclays has not publicly terminated business relationships due to views or beliefs.

Criteria

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

Risk Level
N/A
Rationale

Barclays does not publish guidelines for donations to or partnerships with nonprofits.

Criteria

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

Risk Level
Rationale

Barclays does not provide protections against viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

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

Risk Level
Rationale

Barclays 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 signed an open letter in support of the Equality Act (3). The company is a Ceres Network Member, committed to net zero carbon emissions by 2040 (4)(5).

Criteria

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

Risk Level
Rationale

Barclays is a copper sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (1)(2).

Criteria

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

Risk Level
Rationale

Barlcays’ PAC gives in a bipartisan manner and does not donate to ideological organizations (1).

All links were last accessed and all information was updated on:
November 28, 2023

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