Beazley Group - 1792 Exchange

Corporate Bias Rating

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Risk Level:

Medium Risk

Summary:

Beazley is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Beazley 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

Beazley integrates ESG into its business practices. Its investments “are subject to ESG screening prior to approval”, and it subjects suppliers to an ESG review before partnering (1). Beazley also brings publicly listed corporate bonds and entities “in line with a less than 2-degree Celsius pathway by 2028” (2). Beazley also aligns itself with the UNEP FI Principles for Sustainable Insurance (3)(4). However, Beazley has not canceled customers, suppliers, or vendors based on political views or religious beliefs (5).

Criteria

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

Risk Level

Rationale

Beazley does not appear to discriminate against charitable organizations based on views or beliefs. It’s charitable giving focus areas are Education, Economic Development, Arts/Culture, and Emergency Relief (1).

Criteria

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

Risk Level

Rationale

Beazley appears to prioritize diversity over merit in its business structure through the establishment of racial targets for its recruitment and leadership composition. Beazley is seeking an 11% quota for people of color in senior leadership roles by 2027 and a 33% quota for people of color in the workforce by 2028 (1). Beazley appears to prioritize diversity over merit in its recruitment. From its Responsible Business Report 2023: “Talent Acquisition team are regularly trained and upskilled to stay at the forefront of inclusive hiring practices” (2). Beazley does not provide viewpoint protections for its employees (3)(4).

Corporate Governance and Public Policy

Criteria

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

Risk Level

Rationale

Beazley is committed to net zero carbon emissions by 2050 (1). Beazley supports DEI within its business practices and hosts diversity and inclusion workshops (2).

Criteria

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

Risk Level

Rationale

Beazley has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

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

Risk Level

N/A

Rationale

Beazley 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.