MassMutual

Massachusetts
Insurance

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Massachusetts Mutual Life Insurance Company (MassMutual) vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, it 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 regularly uses its reputation and corporate dollars to support LGBTQ causes and organizations. MassMutual is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism, and is committed to carbon neutrality by 2050. The company discriminates against religious organizations in its charitable giving. However, it has not used its PAC donations for ideological purposes. For these reasons, MassMutual 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

MassMutual 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 MassMutual has pledged to vet vendors based on LGBTQ policies (1)(2).

Criteria

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

Risk Level
Rationale

MassMutual’s gift-matching program will not donate to “churches or religious organizations” but permits donations to religious schools and seminaries as a part of its education support program (1).

Criteria

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

Risk Level
Rationale

MassMutual does not protect its employees 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

MassMutual has signed open letters in favor of the Equality Act and transgender participation in women’s and girls’ sports (1)(2). On a video summary on their website indicating their long history of LGBTQ support, MassMutual claims to have opposed the Defense of Marriage Act and supported its repeal, as well as supporting the 2015 ruling that legalized same-sex marriage (3). MassMutual signed an open letter opposing a Florida bill that would prevent teaching gender identity and sexual orientation in schools to kids in K-3rd grade (4). The company is a PCAF member, committed to net zero carbon emissions by 2050 (5)(6). CEO Roger Crandall is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (7)(8).

Criteria

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

Risk Level
Rationale

MassMutual 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). MassMutual is a copper sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (3)(4).

Criteria

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

Risk Level
Rationale

MassMutual has not used its PAC donations for ideological purposes (1).

All links were last accessed and all information was updated on:
August 29, 2023

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