FactSet Research Systems

Connecticut
Diversified Financials

Risk Level:

Rating - Caution
Medium Risk

Summary:

While FactSet Research Systems has not terminated business relationships due to religious or political beliefs, it does vet suppliers according to LGBTQ policies. FactSet does not protect employees from viewpoint discrimination. It has regularly used its corporate reputation to promote pro-LGBTQ agendas, though it does not donate to ideological groups hostile to free expression. 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 ideological 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 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

FactSet signed the Business Coalition for the Equality Act and the HRC’s Business Statement on Anti-LGBTQ Legislation (1)(2). 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 (3).

Criteria

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

Risk Level
Rationale

FactSet has not donated to ideological groups hostile to freedom of expression (1).

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:
March 23, 2023

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