Fidelity Investments

Fidelity Institutional Asset Management LLC
Massachusetts
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Fidelity Investments does not provide its employees with protections against viewpoint discrimination but 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. Fidelity Investments pledged support to BLM and related causes. However, it has not used its PAC contributions for ideological purposes. For these reasons, Fidelity Investments 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

Fidelity Investments received a score of 85 on the Corporate Equality Index (1)(2). Fidelity Investments has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

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

Risk Level
Rationale

Fidelity Investments does not discriminate against religious organizations in its charitable giving (1).

Criteria

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

Risk Level
Rationale

Fidelity Investments does not provide viewpoint protections for its employees (1)(2).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Fidelity’s HRC CEI profile indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). Fidelity Investments has published multiple articles on Financial planning and investments for the LGBTQ+ community (1)(2).

Criteria

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

Risk Level
Rationale

Fidelity’s charitable organization pledged support to BLM and related organizations (1)(2). Fidelity Investments is a copper sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (3)(4).

Criteria

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

Risk Level
Rationale

Fidelity has not used its PAC donations for ideological purposes and lobbies in a manner consistent with its business interests (1)(2).

All links were last accessed and all information was updated on:
December 4, 2023

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