Bridgewater Bank - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Medium Risk

Summary:

Bridgewater Bancshares, doing business as Bridgewater Bank, has not publicly fired employees or canceled contracts based on viewpoints. Bridgwater Bank promotes ESG principles and supports ESG within its business practices. The bank does not protect employees from viewpoint discrimination but does require DEI programming such as unconscious bias training. Bridgewater Bank will not donate to religious charities. For these reasons, Bridgewater Bank 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

Bridgewater Bank has integrated ESG into all its business practices. Its ESG commitments include “board oversight and integration into [its] business more broadly” (1). However, there are no publicly known cases of Bridgewater Bank terminating business relationships due to religious or political beliefs.

Criteria

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

Risk Level

Rationale

Bridgewater Bank donates through the Bluestone Bank Charitable Foundation, which does not provide grants for “churches and religious purposes” (1). Bridgewater Bank has partnered with a Jesuit high school for a corporate work-study program, but it is unclear whether this partnership was charitable in nature (2).

Criteria

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

Risk Level

Rationale

Bridgewater Bank does not provide viewpoint protections for its employees (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

Bridgewater Bank supports ESG within its business practices, including required unconscious bias training for managers (1)(2). However, the bank has not used its corporate reputation to engage in external advocacy (3).

Criteria

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

Risk Level

Rationale

Bridgewater Bank has not used corporate funds to advance ideological causes, organizations, or policies.

Criteria

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

Risk Level

N/A

Rationale

Bridgewater Bank does not operate a PAC at this time (1).

All links were last accessed and all information was updated on:
October 3, 2023

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