Fiserv (Worldpay and Clover)

Wisconsin
Diversified Financials, Payment Processing

Risk Level:

Rating - Caution
Medium Risk

Summary:

Fiserv does not protect its employees against discrimination for political affiliation, but the company supports the Equality Act. After consulting only its LGBTQ and Black Leadership employee groups, Fiserv financially supported the American Civil Liberties Union (ACLU) and Black Lives Matter (BLM). However, Fiserv has not used its funds for ideological political purposes and has not publicly terminated business relationships due to views or beliefs. For these reasons, Fiserv 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

Fiserv has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means Fiserv has pledged to vet vendors based on LGBTQ policies (1).

Criteria

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

Risk Level
Rationale

Fiserv does not discriminate against faith-based charities in its charitable giving (1).

Criteria

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

Risk Level
Rationale

Fiserv does not protect its 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

Fiserv signed an open letter in support of the Equality Act (1). Fiserv also offers multiple classes to employees on topics such as diversity and inclusion (page 14 of the report) (2). As a part of Fiserv’s “Forward Together” charitable giving campaign, the company only permitted the LGBTQ and Black Leadership employee resource groups to decide whom to support (3).

Criteria

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

Risk Level
Rationale

Fiserv has pledged $50 million to the Black Lives Matter movement and related causes, including the ACLU and the BLM organization itself (1)(2)(3). Fiserv is a Bronze sponsor of Out and Equal (4).

Criteria

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

Risk Level
Rationale

Fiserv does not donate to strictly ideological PACs (1).

All links were last accessed and all information was updated on:
March 29, 2023

Company reports are intended for educational use only. Full Disclaimer

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