Lending Club

California
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

LendingClub vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. LendingClub 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. LendingClub will not donate to religious organizations that do not provide a social service. However, LendingClub does not use its corporate funds for ideological purposes. For these reasons, LendingClub 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

LendingClub 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. Among other requirements, this means the company has a written policy pledging to vet vendors for 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

LendingClub excludes “general funding for religious organizations” (1). However, it will fund religious organizations that provide social services.

Criteria

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

Risk Level
Rationale

LendingClub does not provide its employees with protection against 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

LendingClub 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).

Criteria

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

Risk Level
Rationale

There are no known instances of LendingClub using its corporate funds to advance ideological causes hostile to freedom of expression.

Criteria

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

Risk Level
N/A
Rationale

LendingClub does not operate a PAC at this time.

All links were last accessed and all information was updated on:
July 19, 2023

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