Capital Group

American Funds
California
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Capital Group Companies scored a 95 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, Capital Group increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Capital Group forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to controversial sex and gender ideologies, organizations, and legislation. Capital Group is part of the Net Zero Asset Managers initiative, committed to carbon neutrality by 2050 and supports the Equality Act. Capital Group's former CEO, Tim Armour, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company is a copper sponsor of Out & Equal. For these reasons, Capital Group receives a High Risk rating.

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