Fossil Group
Corprate Bias Ratings
Risk Level:
Summary:
Fossil Group does not provide viewpoint protections for employees, and the company has pledged to vet vendors for LGBTQ+ policy. Fossil Group has implemented various ESG strategies, including required DEI training for some of its employees. The company is a signatory of the CEO Action for Diversity and Inclusion and the Business Coalition for the Equality Act. Subsidiary Skagen has also released a Pride-themed merchandise brand. Fossil Group has donated to the Trevor Project, which supports the provision of hormone treatments to minors for gender transitions. However, Fossil Group has not publicly terminated business relationships due to views or beliefs or discriminated against religious organizations in its charitable giving. For these reasons, Fossil Group receives a Medium 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.
Fossil Group, Inc. has received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC). Among other requirements, this indicates the company has a written policy pledging to vet vendors for LGBTQ policies (1). However, the company has not publicly terminated business relationships due to views or beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Fossil Group does not have a written rule discriminating against religious organizations in its charitable giving (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Fossil Group does not provide viewpoint protections for its employees (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
As part of the company’s ESG integration, Fossil Group has implemented DE&I trainings for some of its employees (1). Fossil Group, through its brand Skagen, has released Pride Month-themed merchandise (2)(3). Fossil Group partnered with an LGBTQ organization, Hetrick-Martin Institute, to celebrate Pride Month (4). Fossil Group CEO Kosta Kartsotis is a signatory of the CEO Action for Diveristy and Inclusion pledge (5). Fossil Group is a member of the Business Coalition for the Equality Act (6).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Fossil Group donated over $275,000 to the Trevor Project, which advocated for the provision of treatments such as pubertal blockers to youths under the age of 18 and other LGBTQ causes (1)(2). Skagen, a Fossil Group brand, donated $25,000 to InterPride, an international Pride organizing and advocacy organization (2).
Uses corporate political contributions for ideological, non-business purposes.
Fossil Group does not operate a PAC at this time.
All links were last accessed and all information was updated on:
December 5, 2023
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