Corprate Bias Ratings
By complying with Human Rights Campaign’s controversial demands, Fitch Group (Fitch) increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Fitch forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Fitch is a copper sponsor of Out & Equal and its CEO has signed the CEO Action for Diversity and Inclusion pledge. 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 95 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). Fitch integrates ESG into all of its business practices (3). 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.
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Fitch’s HRC 2023 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy (1)(2). By doing so, the company risks dividing employees, alienating customers and harming shareholders. The company’s 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.
Fitch’s HRC 2023 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology (1)(2). By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders. Fitch is a copper sponsor of Out & Equal (3).
All links were last accessed and all information was updated on:
February 16, 2024
Company reports are intended for educational use only. Full Disclaimer