Capital One

Virginia
Banks, Diversified Financials

Risk Level:

Rating - Caution
Medium Risk

Summary:

Capital One has supported ideological groups hostile to freedom of expression and has funded the Equality PAC and the Human Rights Campaign (HRC). It does not discriminate against faith-based charities, but it does lack viewpoint protections for its employees. However, Capital One has not fired employees or clients for their beliefs. It has no policies against doing business with legal clients. For these reasons, Capital One 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

Capital One received a score of 100 on the Corporate Equality Index (CEI) from the HRC. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1). However, there are no known instances of Capital One firing anyone because of political or religious beliefs. Capital One has no public policies against doing business with specific industries, customers, or groups.

Criteria

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

Risk Level
Rationale

Capital One does not have a gift-matching program. Previously, Capital One only matched donations to accredited K-12, College, or University schools. There are no reports of discrimination against religious and educational institutions (1).

Criteria

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

Risk Level
Rationale

Capital One does not protect its employees from viewpoint discrimination (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 One has signed letters supporting the Equality Act and opposing the protection of women’s sports (1) (2). It also denounced state legislature’s efforts to enhance voting integrity (3). Capital One opposed the Florida Parental Rights in Education Act, which prohibits teaching gender identity and sexual orientation in schools to kids in K-3rd grade (4).

Criteria

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

Risk Level
Rationale

Capital One is a corporate partner of the HRC (1). Capital One has also donated to the National Urban League, the Obama Foundation, and others (2).

Criteria

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

Risk Level
Rationale

Capital One’s PAC supported the Equality PAC (1). Otherwise, its political contributions are bipartisan (2).

All links were last accessed and all information was updated on:
March 21, 2023

Company reports are intended for educational use only. Full Disclaimer

Generate Reports
Clear
Toast