Saks Fifth Avenue LLC

New York
Consumer Durables and Apparel

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Summary:

Saks Fifth Avenue does not provide viewpoint protections for its employees but has not publicly terminated business relationships based on views or beliefs. Saks Fifth Avenue donated $100,000 to the Trevor Project and frequently uses its reputation to support LGBTQ causes. However, it does not discriminate against religious organizations in its charitable giving and has not used its lobbying for ideological purposes. For these reasons, Saks Fifth Avenue 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

Saks Fifth Avenue LLC 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

Saks Fifth Avenue LLC does not appear to discriminate against religious organizations in its charitable giving. The Saks Fifth Avenue Foundation focuses on mental health awareness, education, and care (1).

Criteria

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

Risk Level
Rationale

Saks Fifth Avenue 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
Saks Fifth Avenue has committed to engagement with LGBTQ causes. The company states its determination to “embed principles of diversity, equity and inclusion throughout our employee engagement programs and required training programs” focusing on issues including “unconscious bias” and “gender equality” (1). Saks Fifth Avenue additionally launched a campaign called “Show Your Pride” in which the company featured stories of members of the LGBTQ community (2)(3). Saks OFF 5th CEO Rob Brooks signed the “CEO Action for Diversity & Inclusion Pledge”, which includes a commitment to promote DEI through bias education training in the workplace (4).
Criteria

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

Risk Level
Rationale
Saks Fifth Avenue “continues to support the Stonewall Inn Gives Back Initiative, an organization paving the way for the LGBTQ+ community with the goal of eliminating … social intolerance” (1)(2). Additionally, the company contributed $100,000 to the Trevor Project, a hotline for those who identify as LGBTQ (3).
Criteria

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

Risk Level
Rationale
Saks Fifth Avenue does not operate a PAC and has not lobbied for ideological purposes (1)(2)(3).

All links were last accessed and all information was updated on:
October 6, 2023

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