Strive Asset Management - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Lower Risk

Summary:

Strive Asset Management is a asset management firm founded in 2022 to, in its own words, "offer everyday Americans a way to invest in the stock market without mixing business with politics." Strive has not publicly terminated employees due to political differences. Strive does not publish viewpoint nondiscrimination protections, but has criticized other organizations for ideologically-focused hiring practices. Strive has not funded or endorsed ideological movements or groups hostile to freedom of expression. The company has implored large corporations to begin deemphasizing ESG practices. For these reasons, Strive Asset Management 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

Strive Asset Management has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs (1). Strive says that “our investment products do not exclude “bad-acting” companies. Why? Because we believe in engagement over divestment” (2).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level

N/A

Rationale

Strive Asset Management does not publish charitable giving guidelines (1).

Criteria

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

Risk Level

Rationale

Strive Asset Management does not post a nondiscrimination statement (1). However, the firm has criticized other companies for hiring based on “politics” and other identities rather than “merit” (2).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level

Rationale

Strive has not supported ideological causes or policies (1). In fact, Strive has committed itself to opposing ESG practices, and the firm has written multiple open letters to large companies criticizing their ESG policies (2)(3).

Criteria

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

Risk Level

Rationale

Strive does not use corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

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

Risk Level

N/A

Rationale

Strive Asset Management does not operate a PAC at this time (1).

All links were last accessed and all information was updated on:
September 19, 2023

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