Edward Jones Investments

Missouri
Diversified Financials

Risk Level:

Rating - Caution
Medium Risk

Summary:

Edward Jones has not terminated business relationships due to ideological beliefs, though it does vet suppliers according to LGBTQ policies and does not protect employees from viewpoint discrimination. Edward Jones supported the Equality Act and used corporate dollars to fund the National Urban League (NUL). For these reasons, Edward Jones receives a "Medium Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to 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

Edward Jones received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC) (1). Among other requirements, this means the company has pledged to vet vendors for LGBTQ policies. However, Edward Jones has not publicly terminated business relationships for political reasons.

Criteria

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

Risk Level
Rationale

However, the Edward Jones Charitable Gift Fund has no written rule disqualifying religious organizations from grant-making practices (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Edward Jones does not explicitly list the forms of discrimination it protects against (1)(2).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Edward Jones signed the HRC’s Business Coalition for the Equality Act (1). Aside from this signature, Edward Jones has not engaged in corporate endorsements of any other ideological campaigns.

Criteria

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

Risk Level
Rationale

In 2020, Edward Jones contributed $1 million to a NUL campaign and $200,000 to the organization’s St. Louis local affiliate (1).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Edward Jones PAC has historically donated in a non-partisan fashion in accordance with business interests, yet the company announced that it would pause all PAC contributions for a time (1)(2). The PAC has resumed bipartisan donations, yet it remains to be seen whether Edward Jones will continue to donate to the election-objecting legislators that it once supported (3)(4).

All links were last accessed and all information was updated on:
March 24, 2023

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