FactSet Research Systems

Connecticut
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

FactSet Research Systems vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, though the company 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. It has regularly used its corporate reputation to promote pro-LGBTQ legislation. However, it does not discriminate against religious organizations in its charitable giving and has not used corporate dollars for ideological purposes. For these reasons, FactSet receives a Medium Risk.

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

FactSet received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC) (1). Among other requirements, this means FactSet vets suppliers according to LGBTQ policies. The company has not terminated business relationships due to views or beliefs.

Criteria

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

Risk Level
Rationale

FactSet has no rule prohibiting donations to faith-based charities (1).

Criteria

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

Risk Level
Rationale

FactSet does not provide protections against 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

FactSet has also signed an HRC letter opposing the Florida Parental Rights in Education Act, which prohibits teaching gender identity and sexual orientation to children in K-3rd grade (1). The company signed the Business Coalition for the Equality Act and the HRC’s Business Statement on Anti-LGBTQ Legislation (2)(3).

Criteria

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

Risk Level
Rationale

FactSet 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).

Criteria

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

Risk Level
N/A
Rationale

FactSet does not operate a PAC.

All links were last accessed and all information was updated on:
September 20, 2023

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