Grantham, Mayo, Van Otterloo & Co. (GMO)
Corprate Bias Ratings
Risk Level:
Summary:
GMO vets vendors according to LGBTQ policies and does not provide viewpoint protections for its employees. However, it has not publicly terminated business relationships based on views or beliefs. GMO covers the cost of "medically necessary transition-related care" for its employees and their children and supports DEI within its business practices. However, it does not discriminate against religious organizations in its charitable giving. For these reasons, GMO 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.
GMO has received a score of 100 on the Corporate Equality Index (1). Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (2). GMO integrates ESG into all of its business practices, “believ[ing] that material ESG factors are a crucial driver of long-term success that demand significant consideration in our investment thinking” (3). However, GMO has not publicly terminated business relationships due to religious beliefs or political views.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
GMO does not discriminate against religious organizations in its charitable giving (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
GMO does not publish a nondiscrimination policy.
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.
GMO 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). Through the Grantham Foundation, GMO funds multiple organizations, including 350.org and Conservation Law Foundation, that are advocating for net-zero policies (3).
All links were last accessed and all information was updated on:
November 28, 2023
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