Federated Hermes

Pennsylvania
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Clear
Lower Risk

Federated Hermes has not terminated business relationships due to views or beliefs. Its CEO has written a statement in support of Black Lives Matter (BLM), and the CEO is part of Glasgow's Net Zero Alliance. However, the company has not funded ideological groups hostile to freedom of expression or discriminated against religious organizations in its charitable giving. For these reasons, Federated Hermes 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

Federated Hermes has not publicly 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

Federated Hermes partners with select local nonprofits and encourages employees to volunteer with charities of their choice (1).

Criteria

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

Risk Level
Rationale

Federated Hermes 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

The CEO of Federated Hermes released a letter in support of BLM (1). Federated Hermes Limited is part of the Net Zero Asset Managers initiative, committed to carbon neutrality with its investments by 2050 (2).

Criteria

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

Risk Level
Rationale

Federated Hermes has not used corporate dollars to support ideological groups hostile to free expression (1).

Criteria

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

Risk Level
N/A
Rationale

Federated Hermes does not operate a PAC.

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

Company reports are intended for educational use only. Full Disclaimer

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