HCL Technologies

California, India
Cloud & Data Storage, Data Security, Software and Services

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

By complying with Human Rights Campaign’s controversial demands, HCL Technologies (HCL Tech) increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, and philanthropic support. HCL Tech uses its corporate funds to support controversial sex and gender ideologies and organizations. The company integrates ESG into all of its business practices and advocates for the LGBTQ community. HCL Tech partnered with the Out & Equal workplace summit. However, the company has not publicly terminated business relationships based on views or beliefs. For these reasons, HCL Tech 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

HCL Tech received a score of 60 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). However, HCL Tech has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

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

Risk Level
Rationale

HCLTech’s HRC CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2).

Criteria

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

Risk Level
Rationale

HCLTech does not provide viewpoint protections for its employees (1)(2).

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 S&P Global Sustainability Yearbook 2023 named HCL Tech an ‘Industry Mover’ due to its ESG practices and signed the CEO Action for Diversity and Inclusion pledge (1)(2). HCL Tech advocated for the LGBTQ community by supporting Transgender Visibility Day, its diversity pillars, and its partnership at the Out & Equal Workplace Summit (3)(4)(5)(6).

Criteria

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

Risk Level
Rationale

HCL Tech’s HRC 2023 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology (1)(2). By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders.

Criteria

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

Risk Level
Rationale

HCLTech does not operate a PAC (1).

All links were last accessed and all information was updated on:
January 8, 2024

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