Empower Retirement

Colorado
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Clear
Lower Risk

Empower Retirement vets vendors according to LGBTQ policies but has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care" for its employees and their children and supports the Equality Act. However, it provides employees with viewpoint protections, does not discriminate against religious organizations in its charitable giving, and has not used its corporate dollars or PAC contributions for ideological purposes. For these reasons, Empower Retirement receives a "Lower 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

Empower Retirement received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC) (1). Among other requirements, this means Empower vets suppliers according to LGBTQ policies. There are no publicly known instances of Empower terminating business relationships due to religious or political beliefs.

Criteria

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

Risk Level
Rationale

Empower Retirement does not disqualify faith-based charities from its charitable giving program (1).

Criteria

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

Risk Level
Rationale

Empower Retirement protects employees from discrimination due to “perspectives of thought, belief, education, background and experiences” (1).

Corporate Governance and Public Policy
Criteria

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

Risk Level
Rationale

Empower Retirement has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). The company signed an open letter in support of the Equality Act (3). The company has also signed the CEO Action for Diversity & Inclusion pledge and partners with the HRC Institute (4).

Criteria

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

Risk Level
Rationale

There are no publicly known instances of Empower Retirement using corporate dollars to support ideological groups hostile to freedom of expression.

Criteria

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

Risk Level
Rationale

The Empower Retirement PAC contributes in a bipartisan manner in accordance with business interests (1).

All links were last accessed and all information was updated on:
June 9, 2023

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