Cambridge Associates

Massachusetts
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Cambridge Associates scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Cambridge Associates increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Cambridge Associates 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. The company offers unconscious bias, allyship, and microaggression training. Cambridge Associates has partnered with multiple ideological organizations such as the Human Rights Campaign and Out & Equal. The company prioritizes diversity in its recruitment, hiring, promotions, leadership composition, and investments. Cambridge Associates is a member of Net Zero Investment Consultants Initiative. The company’s CEO, David Druley, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. Cambridge Associates is a signatory of the Institutional Limited Partners Association’s Diversity in Action Initiative, committing itself to specific actions that advance DEI within the governance and policies of the organization and the private equity industry more broadly. The company is a signatory to the CFA Institute’s Diversity, Equity, and Inclusion Code, indicating its support of DEI in its recruitment, hiring, onboarding, and promotions. For these reasons, Cambridge Associates receives a High Risk rating.

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