Bloomberg LP

New York
Commercial and Professional Services, Diversified Financials, Media and Entertainment

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Bloomberg scored a 90 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, Bloomberg increases the risk of dividing employees, alienating customers and harming shareholders. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Bloomberg 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. Bloomberg provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. The company supports the Equality Act and transgender participation in women's sports. Bloomberg opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. The company signed an amicus brief in opposition to the 2016 North Carolina bathroom bill HB2, which required people to use the bathroom of their biological sex. Bloomberg is a bronze partner of PFLAG. For these reasons, Bloomberg receives a High Risk rating.

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