SouthState Bank - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Lower Risk

Summary:

SouthState Bank does not provide viewpoint protections for its employees but has not publicly terminated business relationships due to views or beliefs. The company hosts unconscious bias training for its employees and consistently advocates for racial equity. However, SouthState does not appear to discriminate against religious organizations in its charitable giving. For these reasons, SouthState Bank receives a Lower 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

SouthState Bank 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

SouthState Bank does not appear to discriminate against religious organizations in its charitable giving. Most recently, charitable giving was focused on education, food banks, disaster relief, and building homes (1)(2).

Criteria

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

Risk Level

Rationale

SouthState Bank 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

SouthState Bank supports the Metro Atlanta Chamber of Commerce’s ATL Action for Racial Equity, which engages in DEI advocacy (1)(2)(3). SouthState Bank holds employee unconscious bias training (4).

Criteria

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

Risk Level

Rationale

SouthState Bank invests in Optus Bank, which operates on DEI principles: Optus aims to “close the wealth gap created by systemic disparities in the financial industry” and received deposits from PayPal and Bank of America in 2020 to show commitment to racial equality (1)(2)(3)(4)(5).

Criteria

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

Risk Level

N/A

Rationale

SouthState Bank does not operate a PAC at this time (1).

All links were last accessed and all information was updated on:
September 14, 2023

Company reports are intended for educational use only. Full Disclaimer

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