Cambridge Associates

Massachusetts
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

By complying with Human Rights Campaign'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. Its CEO signed the CEO Action for Diversity & Inclusion pledge and 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. For these reasons, Cambridge Associates receives a High 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

Cambridge Associates received a score of 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). The company prioritizes diversity in its recruitment, hiring, promotions, leadership composition, and investments (3). However, Cambridge Associates has not publicly terminated business relationships due to religious beliefs or political views.

Criteria

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

Risk Level
Rationale

Cambridge Associates HRC CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). Cambridge Associates does not publish charitable giving guidelines (3).

Criteria

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

Risk Level
Rationale

Cambridge Associates HRC 2023 CEI rating indicates the company forces employees to attend multiple, controversial trainings on gender identity, sexual orientation, transgender issues, and divisive racial ideology. The company provides gender transition guidelines for its employees and a specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2). Cambridge Associates does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Cambridge Associates’s CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (1). The company supports DEI within its business practices, employing a Global Head of DEI and a Head of Diverse Manager Research (2). Cambridge Associates encourages its employees to attend its unconscious bias, allyship, and microaggression training (3). The company publishes a “Net Zero Playbook” for investors (4). Cambridge Associates HRC 2023 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy (5)(6). By doing so, the company risks dividing employees, alienating customers and harming shareholders. The company is a member of the Net Zero Investment Consultants Initiative, committed to net zero carbon emissions by 2050 (7).

Criteria

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

Risk Level
Rationale

Cambridge Associates HRC 2023 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology (1)(2). By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders. The company has also partnered with multiple ideological organizations, including CEO Action for Diversity & Inclusion, Out & Equal, the Human Rights Campaign, the Institutional Allocators for DEI, the Institutional Investing Diversity Cooperative, Investment 20/20, The Investment Diversity Exchange, Strengthening Racial Equity in Asset Management, The Partnership, the Thirty Percent Coalition, and the Toigo Foundation (3).

Criteria

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

Risk Level
Rationale

Cambridge Associates HRC 2023 CEI rating indicates the company publicly advocated for controversial sex and gender ideology through local, state or federal legislation or initiatives (1)(2). By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders. Cambridge Associates does not operate a PAC or engage in lobbying at this time (3)(4).

All links were last accessed and all information was updated on:
January 24, 2024

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