Commerce Bank

Missouri
Banks

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Commerce Bancshares, doing business as Commerce Bank, has not publicly terminated business relationships based on views or beliefs. Commerce Bank scored a 90 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Commerce Bank 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. Commerce Bank 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. The company does not protect its employees against viewpoint discrimination. Commerce Bank's CEO signed the CEO Action for Diversity & Inclusion pledge and supports DEI within its business practices. The company supports multiple LGBTQ events and implements unconscious bias training for its employees. Commerce Bank sponsored the Animal Adoption Plaza at the Kansas City Pride Fest and donated an entire building to the Urban League of Metropolitan St. Louis. The company is a Corporate Member of the Mid-America LGBT Chamber of Commerce. For these reasons, Commerce Bank receives a High Risk rating.

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