Payden & Rygel

California
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Clear
Lower Risk

Payden & Rygel Investment Management does not provide viewpoint protections for it employees but has not publicly terminated business relationships based on views or beliefs. The company is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices. Payden & Rygel prioritizes diversity in its recruitment, hiring, and promotion. 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, Payden & Rygel receives a Lower 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

Payden & Rygel is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (1). Payden & Rygel prioritizes diversity in its recruitment, hiring, and promotion (2). 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

Payden & Rygel does not discriminate against religious organizations in its charitable giving (1). It sponsored an event for The Salvation Army, which is a faith-based organization (2).

Criteria

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

Risk Level
Rationale

Payden & Rygel 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

Payden & Rygel has not supported ideological causes or policies (1).

Criteria

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

Risk Level
Rationale

Payden & Rygel has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

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

Risk Level
N/A
Rationale

Payden & Rygel does not operate a PAC or engage in lobbying at this time (1)(2)(3).

All links were last accessed and all information was updated on:
October 31, 2023

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