Barings
Risk Level:
Summary:
Barings is a investment management firm headquartered in North Carolina. Though Barings maintains some level of autonomy, the company is owned by Massachusetts Mutual Life Insurance Co. Barings itself has not publicly terminated business relationships due to political or religious differences, though Massachusetts Mutual has pledged to vet vendors for LGBTQ policy. Barings executives have signed letters supporting DEI policies and condemning state efforts to secure local elections. However, Barings protects its employees from viewpoint discrimination. Barings does not fund ideological agendas. For these reasons, Barings receives a Lower 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.
Massachusetts Mutual Life Insurance Co., parent company of Barings, received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (1). Among other requirements, this means the company has pledged to vet vendors for LGBTQ policies. However, Barings has not publicly terminated business relationships due to political or religious differences.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Barings will not match employee donations to churches or religious organizations (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Barings protects its employees from discrimination based on viewpoints (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Barings has donated $250,000 to organizations focused on racial justice, however these groups do not publicly espouse ideological agendas (1).
Uses corporate political contributions for ideological, non-business purposes.
Barings LLC does not have an independent PAC (1).
All links were last accessed and all information was updated on:
March 23, 2023
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