Oakmark Funds
Corprate Bias Ratings
Risk Level:
Summary:
Oakmark does not provide viewpoint protections for its employees but has not publicly terminated business relationships based on views or beliefs. The company integrates ESG into all of its business practices and its parent company Harris Associates implemented a DEI council to eliminate unconscious bias. However, it does not discriminate against religious organizations in its charitable giving and has not used its corporate funds for ideological purposes. For these reasons, Oakmark receives a Lower Risk rating.
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.
Oakmark integrates ESG into all of its business practices. It has a formal “commitment to integrate material environmental, social and governance (ESG) factors into [its] investment process” (1). However, the company has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs (2).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Oakmark does not provide viewpoint protections for its employees (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Oakmark’s parent company Harris Associates implemented a DEI council with initiatives including “eliminating unconscious bias” (1).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
All links were last accessed and all information was updated on:
October 27, 2023
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