Regions Financial

Banks

Risk Level:

Rating - Caution
Medium Risk

Summary:

While Regions Financial has not terminated business relationships due to religious or political beliefs, the company does vet vendors according to their LGBTQ protections. The company does not have viewpoint protection for its employees. Regions Financial has donated to the National Urban League and is a member of the CEO Action for Racial Equity Fellowship Program. For these reasons, Regions Financial 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

Regions Financial received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1). There are no publicly known cases of Regions Financial 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

Regions Financial’s charitable giving prioritizes “education and workforce readiness, economic and community development, financial wellness, arts and culture, service members and veterans, and individuals with disabilities” (1). Regions Financial grants to such organizations do not discriminate due to religious affiliation (2)(3).

Criteria

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

Risk Level
Rationale

Regions Financial 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

Regions Financial takes part in the CEO Action for Racial Equity Fellowship Program (1). Otherwise, it has not used its corporate reputation to advance ideological agendas.

Criteria

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

Risk Level
Rationale

Regions Financial donated $1 million to the National Urban League (1). Regions Financial supports many LGBTQ organizations, most of which are not ideological in nature (2).

Criteria

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

Risk Level
Rationale

Regions Financial has not used its PAC donations for ideological purposes (1).

All links were last accessed and all information was updated on:
December 26, 2022

Company reports are intended for educational use only. Full Disclaimer

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