Guardian Life Insurance Company

New York
Insurance

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Guardian Life Insurance vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, but 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. Guardian Life Insurance supports the Equality Act. Guardian Life sponsors the Human Rights Campaign and Out & Equal. Guardian Life is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. For these reasons, Guardian Life Insurance 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

Guardian Life has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC). Among other requirements, this means Guardian has pledged to vet vendors based on LGBTQ policies (1).

Criteria

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

Risk Level
Rationale

Guardian requires that recipients of its education gift-matching program have a “nonsectarian accreditation” (1).

Criteria

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

Risk Level
Rationale

Guardian Life does not protect its 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

Guardian 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). The company has signed an open letter in support of the Equality Act (3). CEO Andrew McMahon is a member of the Business Roundtable and Former CEO Deanna Mulligan signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (4)(5).

Criteria

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

Risk Level
Rationale

Guardian is a Bronze Partner of the HRC (1). Guardian is a copper sponsor of Out & Equal (2).

Criteria

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

Risk Level
Rationale

Guardian has not used its PAC for ideological purposes and donates in a bipartisan manner (1)(2).

All links were last accessed and all information was updated on:
June 12, 2023

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