Genworth Financial

Insurance

Risk Level:

Rating - Clear
Lower Risk

Summary:

Genworth Financial has not terminated business relationships due to religious or political beliefs, though it does vet suppliers according to LGBTQ policies. The company opposed a 2016 North Carolina bill requiring all persons to use the restroom of their biological sex but has since not used its reputation or corporate dollars to promote ideological causes. For these reasons, Genworth Financial receives a "Lower 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

Genworth Financial received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (1). Among other requirements, this means Genworth vets suppliers according to LGBTQ policies.

Criteria

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

Risk Level
Rationale

Genworth Financial will not provide grants to “religious organizations for sectarian or evangelic purposes,” implying that the company will donate to religious organizations that engage in community work under a separate 501(c)(3) status (1).

Criteria

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

Risk Level
Rationale

Genworth Financial does not protect 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

Genworth Mortgage Insurance, a subdivision of Genworth Financial, publicly opposed North Carolina’s bill requiring people to use the public bathrooms associated with their biological sex in 2016 (1).

Criteria

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

Risk Level
Rationale

Genworth Financial has not funded ideological organizations hostile to freedom of expression (1).

Criteria

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

Risk Level
Rationale

The Genworth Financial, Inc. PAC donates in a bipartisan manner consistent with business interests (1).

All links were last accessed and all information was updated on:
December 22, 2022

Company reports are intended for educational use only. Full Disclaimer

Generate Reports
Clear
Toast