Morgan Stanley (E-Trade)
Risk Level:
Summary:
Morgan Stanley regularly uses its corporate image and funds to support ideological policies and groups hostile to freedom of expression. The company also will not donate to any religious groups and does not provide viewpoint discrimination for its employees. Its PAC has also donated to an ideology-based PAC. Although the bank has not publicly fired retail clients due to ideological differences, the bank will not fund some oil and gas projects or certain businesses dealing with firearms or ammunition. For these reasons, Morgan Stanley receives a High Risk rating. This rating applies to E*Trade, a subsidiary of Morgan Stanley.
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.
Morgan Stanley restricts its funding to oil and gas projects and would not pledge to end this discrimination when pressed by the Treasurer of West Virginia (1). Morgan Stanley will also not fund certain legal guns and ammunition dealers (2). The company received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC). Among other requirements, this means Morgan Stanley has pledged to vet vendors for LGBTQ policies (3).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Morgan Stanley will not donate to religious organizations (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Morgan Stanley does not protect its employees from viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate political contributions for ideological, non-business purposes.
Morgan Stanley is a Platinum partner of the Human Rights Campaign (1). Morgan Stanley has also donated and encouraged clients and others to support multiple racial justice organizations, some of which include partisan, leftist groups such as Black Lives Matter, Color of Change, and the American Civil Liberties Union (2). Morgan Stanley also reimburses employee travel costs for abortions (3).
Uses corporate political contributions for ideological, non-business purposes.
Morgan Stanley has used its PAC for ideological purposes by donating to the Equality PAC (1).
All links were last accessed and all information was updated on:
March 23, 2023
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