Invesco
Corprate Bias Ratings
Risk Level:
Summary:
Invesco, an investment management company, 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. The company integrates ESG into all its business practices and investments. This includes commitments to Glasgow's Net Zero Alliance (NZAM) and Climate Action 100+. Additionally, the company will fund out-of-state abortions and gender surgeries for employees. The company is a corporate partner of the National LGBT Chamber of Commerce. However, Invesco has not used its PAC contributions for ideological purposes. For these reasons, Invesco 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.
Invesco received a score of 100 on the Corporate Equality Index (CEI) from the Human Rights Campaign. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1). Invesco purports to offer ESG investment opportunities “that align with clients’ long-term interests,” however, Invesco also says that it embeds “ESG principles into our investment strategies” and business operations (2). Invesco is a member of many ESG advocacy groups and commitments, including the Net Zero Asset Managers Initiative, Climate Action 100+, and the UK Stewardship Code (3). Invesco has not publicly terminated business relationships or investments due to ESG, but its commitments to climate advocacy groups likely lead to the exclusion of various businesses or industries.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Invesco has not published its charitable giving guidelines. Invesco occasionally matches employee donations and makes other corporate grants focused on racial justice, education support, and environmental partnerships (1). It is unclear if Invesco discriminates against religious charities in its giving process.
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.
Invesco 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 is a member of many ESG advocacy groups and commitments, including the Net Zero Asset Managers Initiative, Climate Action 100+, and the UK Stewardship Code (3)(4). Invesco CEO Martin L. Flanagan signed the CEO Action for Diversity & Inclusion pledge (5).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Invesco uses its corporate funds to advance ESG criteria including DEI, climate risk, proxy voting, and ESG integration in investment decision-making (1). Invesco will cover travel costs for all employees seeking an out-of-state abortion (2). Invesco also covers costs for gender surgeries for employees (3). Invesco is a contributing member of the World Economic Forum Investors Group on Climate Change (IIGCC) (4). The company is a corporate partner of the National LGBT Chamber of Commerce (5).
All links were last accessed and all information was updated on:
December 5, 2023
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