Ernst & Young (EY)

United Kingdom
Commercial and Professional Services

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Ernst & Young (EY) vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, it 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. EY supports the Equality Act and donates to the Human Rights Campaign (HRC). EY is a founding member of the Partnership for Global LGBTI Equality (PGLE), a copper sponsor of Out & Equal, and a founding corporate partner of the National LGBT Chamber of Commerce. EY is part of Glasgow's Net Zero Alliance and a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. EY has donated to the Equality PAC. However, it does not discriminate against religious organizations in its charitable giving. For these reasons, EY 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

EY 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. Among other requirements, this means Ernst & Young 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

EY does not discriminate against religious organizations in its charitable giving. EY’s foundation supports educational institutions through gift matching and its gift-matching requirements do not have any regulations prohibiting donations to religious schools (1).

Criteria

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

Risk Level
Rationale

EY does not protect its 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

EY’s PGLE membership reflects its commitment to “operationalize” company coverage of transgender surgery and treatment, the vetting of business partners based on LGBTQ+ policies, and the financial support of LGBTQ organizations on a global level (1)(2)(3). EY signed an open letter in support of the Equality Act and spoke out against various state legislature efforts to pass election integrity laws (4)(5). EY is a signatory of the Net Zero Financial Service Providers Alliance, committed to carbon neutrality by 2050 (6). CEO Carmine Di Sibio is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (7)(8).

Criteria

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

Risk Level
Rationale

EY 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). EY provides travel benefits for abortion (3). EY is a corporate sponsor of the HRC and a founding member of the PGLE (4)(5). EY is a copper sponsor of Out & Equal and a founding corporate partner of the National LGBT Chamber of Commerce (6)(7).

Criteria

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

Risk Level
Rationale

EY has donated to the Equality PAC (1)(2)(3).

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

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