M&T Bank - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Medium Risk

Summary:

M&T Bank vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, M&T Bank 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. M&T Bank donated to Planned Parenthood in 2018. However, it does not discriminate against religious organizations in its charitable giving and has not used its PAC contributions for ideological purposes. For these reasons, M&T Bank 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

M&T Bank received a score of 100 on the Corporate Equality Index. Among other requirements, this means M&T Bank has a written policy pledging to vet vendors for LGBTQ policies (1)(2). M&T Bank has not publicly fired customers, suppliers, or vendors based on views or beliefs.

Criteria

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

Risk Level

Rationale

M&T Bank does not discriminate against religious organizations in its charitable giving (1).

Criteria

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

Risk Level

Rationale

M&T Bank does not publish a nondiscrimination policy (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

M&T Bank hosts unconscious bias training for employees and its CEO Rene Jones is a member of the Business Roundtable, but has not supported ideological initiatives (1)(2).

Criteria

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

Risk Level

Rationale

M&T Bank 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). M&T Bank’s foundation has previously donated to Planned Parenthood (3).

Criteria

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

Risk Level

Rationale

M&T Bank has not used its PAC donations for ideological purposes and lobbies in a manner consistent with its business interests (1)(2).

All links were last accessed and all information was updated on:
December 5, 2023

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Related Resources:

Viewpoint Diversity Index