Equitable Holdings

New York
Commercial and Professional Services, Diversified Financials, Insurance

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Equitable Holdings, the parent company of AllianceBernstein, as well as various life insurance firms, vets vendors according to LGBTQ policies. It does not provide its employees with protections against viewpoint discrimination, but has not publicly terminated business relationships based on views or beliefs. Equitable Holdings publicly supports the Equality Act. The company covers the cost of "medically necessary transition-related care" for its employees and their children. However, it does not seem to discriminate against religious organizations in its charitable giving and has not used its PAC contributions for ideological purposes. For these reasons, Equitable Holdings 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

Equitable Holdings has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means Equitable Holdings has pledged to vet vendors based on LGBTQ policies (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

Equitable Holdings does not seem to discriminate against religious organizations in its charitable giving (1).

Criteria

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

Risk Level
Rationale

Equitable Holdings does not provide viewpoint protections for its employees (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

Equitable Holdings has signed an open letter in support of the Equality Act (1).

Criteria

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

Risk Level
Rationale

Equitable Holdings 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). Equitable Holdings donates to a variety of charitable organizations for multiple causes. One of these groups was the National Urban League (3).

Criteria

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

Risk Level
Rationale

Equitable Holdings has not used its PAC donations for ideological purposes (1).

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

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