Navient

Delaware
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Navient, a leading financial technology and education finance company, vets vendors for LGBTQ policies and does not provide viewpoint protections for its employees. However, the company 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 signed an open letter in support of the Equality Act and has donated to the Equality PAC. However, it does not appear to discriminate against religious organizations in its charitable giving. For these reasons, Navient 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

Navient received a 90 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ+ policies (1)(2). The company prioritizes diversity in its supply chain (3)(4). However, the company has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

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

Risk Level
Rationale

Navient does not appear to discriminate against religious organizations in its charitable giving. The Navient Community Fund supports organizations that address the root causes limiting financial success (1).

Criteria

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

Risk Level
Rationale

Navient does not provide viewpoint protections for its employees (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

Navient regularly supports LGBTQ Pride and signed an open letter in support of the Equality Act (1)(2)(3). Otherwise, it has not supported ideological causes or policies (4).

Criteria

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

Risk Level
Rationale

Navient’s HRC CEI profile indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2).

Criteria

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

Risk Level
Rationale

Avient donated to the Equality PAC but has not lobbied for ideological purposes (1)(2)(3).

All links were last accessed and all information was updated on:
November 9, 2023

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