Equitable Holdings

Commercial and Professional Services, Diversified Financials, Insurance

Risk Level:

Rating - Clear
Lower Risk

Summary:

Equitable Holdings, the parent company of AllianceBernstein, as well as various life insurance firms, has not terminated business relationships due to religious or political beliefs. However, the company has pledged to vet suppliers according to LGBTQ policies and does not protect employees from viewpoint discrimination. The company has supported the Equality Act but does not use funds to advance agendas or ideological policies. It has not discriminated against its customers. For these reasons, Equitable Holdings 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

Equitable Holdings has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (1). Among other requirements, this means Equitable Holdings has pledged to vet vendors based on LGBTQ policies.

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Equitable Holdings and its foundation do not publish any charitable giving guidelines (1).

Criteria

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

Risk Level
Rationale

Equitable Holdings does not protect employees from viewpoint discrimination (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 signed an open letter in support of the Equality Act (1). It has not advocated for other ideological policies or causes.

Criteria

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

Risk Level
Rationale

Equitable Holdings donates to a variety of charitable organizations for multiple causes. One of these groups was the National Urban League (1). Equitable Holdings does not donate to advance ideological causes hostile to freedom of expression, however.

Criteria

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

Risk Level
Rationale

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

All links were last accessed and all information was updated on:
December 27, 2022

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