Liberty Mutual Insurance Group

Safeco
Boston, Massachusetts
Insurance

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Liberty Mutual scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Liberty Mutual increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Liberty Mutual forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Liberty Mutual is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices. The company adopted a policy to restrict its business with coal companies. However, it has continued to insure new projects and does not have restrictions on oil and gas companies. Liberty Mutual’s Executive Chairman David H. Long signed Catalyst's Champions for Change pledge, indicating its support of DEI in its leadership composition through the establishment of gender and racial targets. The company partnered with McKinsey & Company on a management training program that is not open to white applicants. Liberty Mutual is a member of the Partnership for Carbon Accounting Financials, committed to net zero carbon emissions by 2050. The company’s former CEO, David H. Long, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. Liberty Mutual pledged $37 million to BLM and related causes and donates to Planned Parenthood. Liberty Mutual has donated to the Equality PAC. For these reasons, Liberty Mutual receives a High Risk rating.

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Board Bias

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CEO of Liberty Mutual Insurance Group

Timothy Sweeney

Timothy Sweeney

Summary:

Headquartered in Boston, Massachusetts, Liberty Mutual Insurance Group is a member of the Fortune 250 operating in the Insurance industry. Timothy Sweeney and David H. Long serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $95,550 to Republican causes and $456,814 to Democratic causes. Under their tenure, Liberty Mutual Insurance Group currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$95,550

$456,814

Republican

Democrat

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