CAPTRUST

Raleigh, North Carolina
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Clear
Lower Risk

Summary:

CAPTRUST is Lower Risk. The company does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Overall, CAPTRUST does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled 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

CAPTRUST has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1). 

Criteria

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

Risk Level
Rationale

CAPTRUST does not discriminate against charitable organizations based on views or beliefs (1)(2).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

CAPTRUST offers DEI training to its employees (1). The company appears to prioritize diversity over merit in its recruitment and leadership composition. From its Inclusion + Diversity at CAPTRUST: “Increase diversity of workforce and leadership team” (2). CAPTRUST does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

CAPTRUST’s CEO, Fielding Miller, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace, strategize on DEI programs/initiatives with other signatories, and engage boards of directors when developing and evaluating DEI strategies (1)(2). The company supports DEI within its business practices, hosting a DEI Council (3). CAPTRUST supports DEI within its business practices. From its Inclusion + Diversity at CAPTRUST page: “We are committed to designing and implementing a framework for inclusion, diversity, and belonging” (4). The company featured Sarah Harris and Jenn McCabe from Armanino to discuss the importance of DEI in investing (5). Otherwise, there are no publicly known cases of the company using its reputation to advance ideological causes or policies (6).

Criteria

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

Risk Level
Rationale

CAPTRUST has not use corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

CAPTRUST does not operate a PAC or engage in lobbying at this time (1)(2)(3).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.

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