Bio-Rad

California
Health Care Equipment and Services, Pharmaceuticals Biotechnology and Life Sciences

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Bio-Rad has implemented ESG into its business practices and does not provide its employees with protections against viewpoint discrimination but has not publicly terminated business relationships based on views or beliefs. Bio-Rad frequently uses its reputation to support LGBTQ causes. However, it has not used its corporate dollars to support ideological groups or agendas hostile to freedom of expression. For these reasons, Bio-Rad 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

Bio-Rad implements ESG into its business practices and regularly assesses suppliers based on environmental criteria, but has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs (1)(2).

Criteria

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

Risk Level
Rationale

Bio-Rad’s Code of Business Ethics requires no discrimination on the basis of sexual orientation and gender identity, thereby excluding some religious charities from being the recipient of its charitable giving (1).

Criteria

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

Risk Level
Rationale

Bio-Rad does not provide its employees with 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

Bio-Rad has posted on its corporate Instagram, LinkedIn, and Facebook accounts in support of LGBT causes and changed its Facebook profile banner to a Pride flag during Pride Month (1)(2)(3). Bio-Rad featured a blog post on its website in celebration of Pride Month (4). Bio-Rad has created a scholarship to give to individuals from certain groups. One of these groups includes LGBTQ individuals (5).

Criteria

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

Risk Level
Rationale

There are no publicly known cases of Bio-Rad donating to ideological groups hostile to freedom of expression (1).

Criteria

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

Risk Level
N/A
Rationale

Bio-Rad does not operate a PAC at this time (1).

All links were last accessed and all information was updated on:
August 18, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/25/23GovernanceJames McRitchie and Myra K. YoungReport on Election SpendingAgainst15.60%
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