Sumitomo Heavy Industries

Link-Belt Cranes, Symetra Corp.
Japan
Technology Hardware and Equipment

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Sumitomo Heavy Industries does not protect its employees against viewpoint discrimination and has not publicly terminated business relationships based on views or beliefs. Sumitomo vets business partners for "ESG risks," and implements diversity management training for its employees. The company regularly supports LGBTQ Pride and implemented benefits for its employees who are in same-sex relationships. Symetra is a corporate partner of the National LGBT Chamber of Commerce (NGLCC). However, the company does not appear to discriminate against religious organizations in its charitable giving. For these reasons, Sumitomo Heavy Industries 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

Sumitomo received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). conducts ESG surveys with business partners to assess “ESG risks” within its supply chain (3). The company 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

Sumitomo does not appear to discriminate against religious organizations in its charitable giving (1).

Criteria

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

Risk Level
Rationale

Sumitomo 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

Sumitomo has implemented diversity management training and unconscious bias e-learning for its managers (1). The company regularly supports LGBTQ Pride by holding LGBT seminars and promoting LGBTQ educational information (2)

Criteria

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

Risk Level
Rationale

Sumitomo implemented benefits for its employees who are in same-sex marriages (1). Symetra is a corporate partner of the NGLCC (2).

Criteria

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

Risk Level
N/A
Rationale

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

All links were last accessed and all information was updated on:
January 25, 2024

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