Parsons - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Medium Risk

Summary:

Parsons, a technology solutions provider has not publicly terminated business relationships, despite its pledge to vet vendors for LGBTQ policies. Parsons integrates ESG into all of its business practices and does not protect its employees from viewpoint discrimination. Parsons supports various LGBTQ+ organizations including the oSTEM conference and the Modern Military Association. Parsons committed to being carbon neutral by 2045 and covers the cost of "medically necessary transition-related care” for its employees and their children. For these reasons, Parsons 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

Parsons received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC). Among other requirements, this indicates that Parsons vets vendors according to their LGBTQ policies (1)(2). Parsons integrates ESG into all of its business practices (3).There are no publicly known cases of Parsons terminating business relationships due to religious or political beliefs.

Criteria

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

Risk Level

Rationale

Parsons Gives Back, Parsons’s charitable giving program, donates to Habitat for Humanity, a religious-based organization with a secular service (1).

Criteria

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

Risk Level

Rationale

Parsons does not protect its employees against viewpoint discrimination (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

Parsons took part in the oSTEM, Inc. conference in support of LGBTQ people entering STEM careers, and supports Modern Military Association of America, a group focused on LGBTQ military activism (1). Parsons promotes its LGBT ERG and committed to being carbon neutral by 2045 (2).

Criteria

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

Risk Level

Rationale

Parsons 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).

Criteria

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

Risk Level

Rationale

Parsons operates its PAC and lobbies in a bipartisan manner consistent with its business interests (1)(2).

All links were last accessed and all information was updated on:
August 25, 2023

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