Genworth Financial

Virginia
Insurance

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Genworth Financial vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, though the company 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. The company opposed a 2016 North Carolina bill requiring all persons to use the restroom of their biological sex. However, it does not discriminate against religious organizations in its charitable giving and has not used its corporate dollars or PAC contributions for ideological purposes. For these reasons, Genworth Financial receives a Medium 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. However, the company has not publicly terminated business relationships due to views or beliefs.

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 provide protections against 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

The company 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 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).

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:
September 20, 2023

Company reports are intended for educational use only. Full Disclaimer

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