SoFi Technologies

California
Payment Processing, Software and Services

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

SoFi Technologies has not terminated business relationships due to religious or political beliefs. However, SoFi does not have viewpoint protections for its employees. SoFi has donated to Black Lives Matter (BLM) and covers out-of-state travel for abortion. It has signed onto a coalition opposing state-level election reforms. For these reasons, SoFi Technologies 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

SoFi Technologies has not publicly terminated 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

SoFi Technologies does not discriminate against faith-based charities in its giving (1).

Criteria

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

Risk Level
Rationale

SoFi Technologies does not protect employees from 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

SoFi denounced various states’ legislative efforts to protect election integrity and security (1).

Criteria

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

Risk Level
Rationale

SoFi Technologies has pledged $1 million to the Black Lives Matter movement and related causes, including a direct donation to the BLM organization (1)(2)(3). SoFi does offer travel and lodging reimbursements for out-of-state travel for abortion (4).

Criteria

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

Risk Level
N/A
Rationale

SoFi Technologies does not operate a PAC.

All links were last accessed and all information was updated on:
March 8, 2024

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