D.A. Davidson does not publish a nondiscrimination policy but has not publicly canceled business relationships based on views or beliefs. D.A. Davidson uses Glass Lewis proxy voting guidelines which includes examining companies' environmental impacts. D.A. Davidson advocates for integrating ESG into businesses. The firm has written multiple articles about integrating ESG into business practices. However, D.A. Davidson does not appear to discriminate against charitable organizations based on views or beliefs and has not used its reputation for ideological purposes. For these reasons, D.A. Davidson receives a Lower Risk rating.