First Republic Bank - 1792 Exchange

Corporate Bias Rating

Expand Summary

Risk Level:

High Risk

Summary:

First Republic Bank is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. First Republic Bank embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

View Full Corporate Bias Ratings Report

Criteria

Risk Level

Rationale

Corporate Weaponization

Criteria

Has canceled 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

First Republic has a separate Supplier Diversity Program, keeping any diversity requirements from interfering with its existing suppliers (1). However, First Republic will not invest in fossil fuel companies (2). First Republic Bank also closed then-President Donald Trump’s checking account, which held $50,000 (3).

Criteria

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

Risk Level

Rationale

First Republic does not discriminate against charitable organizations based on views or beliefs (1)(2).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level

Rationale

First Republic does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

First Republic has not supported ideological causes or policies (1).

Criteria

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

Risk Level

Rationale

First Republic has not used corporate funds to advance ideological causes, organizations, or policies (1)(2).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level

Rationale

First Republic does not operate a PAC at this time but has not lobbied for ideological purposes (1)(2)(3).

Board Bias

Expand Summary

1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.