Ripple Labs Inc.
Corporate Bias Rating
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Risk Level:
Summary:
Ripple Labs Inc. (Ripple) is Lower Risk. The company does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Ripple does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportHas canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
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 viewpoint or other discrimination and/or are ideological in nature.
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Ripple opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces (1)(2). The company is committed to net zero carbon emissions by 2030 (3). Ripple is a member of the Crypto Climate Accord an initiative committing cryptocurrency to achieve net zero carbon emissions by 2040 and enable all blockchain energy to be powered by reneweable energy by 2025 (4)(5). The company is a signatory of the Climate Pledge, indicating a commitment to achieve net zero carbon emissions by 2040 (6)(7).
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Board Bias
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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.