
Goldman Sachs
Risk Level:
Summary:
Goldman Sachs was banned in Texas from doing business with the state for violating Texas' law against boycotting industries, such as energy companies or gun manufacturers. Goldman Sachs vets suppliers for LGBTQ protections and some clients for their diversity quotas as well. Goldman does not match employee donations to churches but has donated corporate funds to Planned Parenthood and the Human Rights Campaign (HRC). The firm advocates for the Equality Act but does not have viewpoint protections to prevent potential discrimination. Goldman Sachs also opposes state efforts to reform their own elections. For these reasons, Goldman Sachs receives 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.
Goldman Sachs received a score of 100 on the Corporate Equality Index from the HRC. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1). Goldman will also only work with American companies on their IPO if they have “at least one diverse board member” (2). Goldman Sachs was banned under Texas law from doing business with the state due to violating its energy boycott law (3)(4).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Goldman Sachs will not match employee donations to religious organizations “except when the activities being sponsored by a religious organization are nonsectarian, such as soup kitchens or shelters” (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
All links were last accessed and all information was updated on:
March 23, 2023
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