Fitch
Corprate Bias Ratings
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 vets vendors according to LGBTQ policies and 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. Fitch is a copper sponsor of Out & Equal. 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. 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.
Fitch has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). The company Fitch Group CEO Paul Taylor has signed the CEO Action for Diversity and Inclusion pledge (3). Fitch’s 2021 DEI Transparency Report also states that the company is, “committed to positive and sustainable ESG performance” (4). Fitch integrates ESG into all of its business practices (5).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
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:
July 19, 2023
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