Fitch
Risk Level:
Summary:
Fitch Ratings is a credit rating company based in New York and London. Fitch is owned in full by Hearst Communications, though the company retains much of its independent administration. Fitch does not protect employees from viewpoint discrimination, and the company has pledged to vet vendors for LGBTQ policies. However, the company has not publicly terminated business ties due to political or religious differences. Fitch Ratings CEO Paul Taylor has signed the CEO Action for Diversity and Inclusion pledge, and the company has stated that it is "committed" to the proliferation of ESG practices in the private sector. However, Fitch has not corporately funded ideological groups hostile to freedom of expression, and the company does not disqualify religious organizations from its charitable giving program. For these reasons, Fitch earns a High Risk rating.
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.
Fitch received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (1). Among other requirements, this means the company has pledged to vet vendors for LGBTQ policies and advocate for LGBTQ communities and policies. Fitch integrates ESG into all of its business practices (2). The company gives lower ratings and credit scores to firms that do not prioritize ESG.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Fitch does not discriminate against religious organizations in its charitable giving (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Fitch does not protect employees from political viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Fitch has not corporately funded ideological groups hostile to freedom of expression. The company does integrate ESG into all of its business practices and credit ratings (1).
Uses corporate political contributions for ideological, non-business purposes.
Fitch does not have a PAC.
All links were last accessed and all information was updated on:
March 6, 2023
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