Bread Financial
Risk Level:
Summary:
Bread Financial, formerly Alliance Data Systems, is a credit card services provider. Bread Financial has pledged to vet vendors for LGBTQ policies but has not canceled clients for their views or beliefs. The company does not have viewpoint protection for its employees. Bread Financial has advocated for the Equality Act and teaching kids about gender fluidity while forming corporate partnerships with a company that directly funds Planned Parenthood, the American Civil Liberties Union (ACLU), and other self-identified "progressive" organizations. For these reasons, Bread Financial receives a "Medium 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.
Under its former name Alliance Data Systems, Bread Financial received a score of 90% 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. There is no public instance of Bread Financial having publicly terminated a business relationship 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.
Bread Financial prohibits giving to groups that do not align with the company’s DEI policy. Additionally, Bread Financial does not allow matching donations to religious groups, except for the non-sectarian aspects of those organizations (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Bread Financial’s Code of Ethics does not protect employees from political viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Listed as Alliance Data Systems, Bread Financial is a member of the Business Coalition for the Equality Act (1). Bread Financial also ascribes to ESG goals and governance (2). Bread Financial’s predecessor, Alliance Data, has partnered with LGBTQ Youth Centers to teach children about theories of gender fluidity and sexuality using “The Gender Unicorn” (3).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
In 2013, Alliance Data agreed to partner with CREDO, an explicitly ideological long-distance phone services provider that has donated upwards of $75 million to the ACLU, Planned Parenthood, and hundreds of other left-wing organizations (1). Bread Financial has not made ideological donations or partnered with ideological partners since then.
All links were last accessed and all information was updated on:
March 24, 2023
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