DocuSign - 1792 Exchange

Corporate Bias Rating

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Risk Level:

Medium Risk

Summary:

DocuSign is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes DocuSign occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard 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

DocuSign has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1)(2).

Criteria

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

Risk Level

Rationale

DocuSign likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (1)(2)(3).

Criteria

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

Risk Level

Rationale

DocuSign does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy

Criteria

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

Risk Level

Rationale

DocuSign participated in the Seattle Pride Walk and hosted fireside chats (1)(2). The company also employs a Chief Diversity and Engagement Officer (3). Its former CEO, Dan Springer, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (4)(5).

Criteria

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

Risk Level

Rationale

DocuSign funds its employees’ out-of-state abortions (1). The company triple-matched employees’ donations to “racial justice causes” and donated $500,000 to the NAACP and other social justice organizations (2). The company helped raise money for Center on Halsted, which is “the Midwest’s most comprehensive community center dedicated to advancing community and securing the health and well-being of LGBTQIA+ people of Chicagoland” (3). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (4).

Criteria

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

Risk Level

Rationale

DocuSign does not operate a PAC at this time and has not lobbied for ideological purposes (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.

Shareholder Proposals

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Date	ESG Category	Proponent	Summary of Resolution	Mgmt Rec	Total Vote % in Favor
5/29/24	Social	As You Sow	Report on Effectiveness of the Company's Diversity, Equity, and Inclusion Efforts	Against	36.06%