Signet Jewelers
Corporate Bias Rating
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Risk Level:
Summary:
Signet Jewelers scored a 95 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Signet Jewelers 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 vendor selection and philanthropic support. Signet Jewelers forces employees to undergo multiple ideological trainings and uses its corporate funds to support controversial sex and gender ideologies and organizations. Signet Jewelers opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Blue Nile co-signed a letter to law firms demanding an improvement in diversity in order to retain business with the company. Signet Jewelers pledged to be carbon neutral by 2050. The company signed an open letter in support of the Equality Act, a controversial bill and made a one-time donation of $100,000 to GLAAD. However, Signet Jewelers has not publicly terminated business relationships based on views or beliefs. For these reasons, Signet Jewelers receives a Medium Risk rating.
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