Capital Group

California
Diversified Financials

Risk Level:

Rating - Clear
Lower Risk

Summary:

Capital Group has not terminated business relationships due to religious or political beliefs, though it vets suppliers according to LGBTQ policies. Capital Group has supported the Equality Act. It does protect employees from viewpoint discrimination. For these reasons, Capital Group receives a "Lower 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

Capital Group received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1).

Criteria

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

Risk Level
Rationale

Capital Group will match donations to any nonprofit organization recognized as tax-exempt and as a public charity (1).

Criteria

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

Risk Level
Rationale

Capital Group’s Code of Ethics protects against many forms of discrimination, including discrimination due to religious and political activities or affiliations (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

Capital Group advocates for the Equality Act (1). Its CEO has signed the CEO Action for Diversity & Inclusion pledge (2).

Criteria

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

Risk Level
Rationale

In 2021, Capital Group donated $2.2 million to racial equity and social justice causes, which includes the Equal Justice Initiative, which makes revisionist claims about the United States’ founding (1)(2).

Criteria

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

Risk Level
Rationale

Capital Group donates in a bipartisan manner and has not used its PAC for ideological purposes (1).

All links were last accessed and all information was updated on:
March 24, 2023

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