Seacoast National Bank
Corporate Bias Rating
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Risk Level:
Summary:
Seacoast Bank scored a 90 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, the company increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in marketing. Seacoast Bank uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company’s CEO, Charles M. Shaffer, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. However, Seacoast Bank does not appear to discriminate against charitable organizations based on views or beliefs. For these reasons, Seacoast National Bank receives a Medium Risk rating.
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