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Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk


NASDAQ 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, NASDAQ 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. NASDAQ 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. The company hosts an annual LGBTQ Leadership Conference and supports the Equality Act. NASDAQ's CEO signed the Business Roundtable's Statement on the Purpose of a Corporation and mandates diversity training for all its managers. The company has donated to ideological organizations and is a corporate partner of the National LGBT Chamber of Commerce (NGLCC) and the Black Equity Index. For these reasons, NASDAQ receives a High Risk rating.

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