Edelman Financial Engines

California
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Edelman Financial Engines scored an 90 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Edelman Financial Engines (Edelman), increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Edelman 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. Edelman’s former CEO, Lawrence Raffone, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. For these reasons, Edelman Financial Engines receives a Medium Risk rating.

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