Raymond James

Florida
Banks, Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

Raymond James fired an employee after he was featured in a viral video of a woman questioning a man chalking "BLM" onto a sidewalk on private property. The company vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, the company does not discriminate against religious organizations in its charitable giving. Raymond James supports the Equality Act. Raymond James is a gold partner of the Human Rights Campaign (HRC) and pledged $1.5 million to BLM-adjacent organizations. The company also covers the cost of "medically necessary transition-related care" for its employees and their children. For these reasons, Raymond James receives a High 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

Raymond James fired an employee after he and his wife were featured in a viral video on Twitter confronting a man after he chalked a “BLM” sign in front of what he claims is his home and his property (1)(2). The couple later apologized for the incident, but the employee was fired regardless. In addition, Raymond James received a score of 100 on the Corporate Equality Index. Among other requirements, this means that Raymond James has pledged to vet vendors for LGBTQ policies and advocate for pro-LGBTQ causes (3)(4).

Criteria

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

Risk Level
Rationale

Raymond James does not appear to discriminate against religious organizations in its charitable giving (1)(2)(3).

Criteria

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

Risk Level
Rationale

Raymond James does not provide viewpoint protections for its employees (1)(2).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Raymond James advocates for the Equality Act (1).

Criteria

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

Risk Level
Rationale

Raymond James 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). Raymond James pledged $1.5 million to the Black Lives Matter movement and related causes, including a local Urban League affiliate (3)(4). The company is also a gold partner of the HRC (5).

Criteria

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

Risk Level
Rationale

Raymond James has not used its political contributions for ideological purposes (1)(2).

All links were last accessed and all information was updated on:
November 28, 2023

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