Synchrony Financial

Stamford, Connecticut
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Synchrony scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Synchrony increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Synchrony forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company supports the Equality Act. Synchrony has thoroughly committed itself to the proliferation of DEI strategies in the private sector, as the company is a member of several coalitions including OneTen and the Fintech Equality Coalition. The company ties components of its employee's cash incentive compensation to ESG factors and provides gender affirming healthcare for its employees. The company's CEO signed the CEO Action for Diversity and Inclusion pledge and discriminates against some religious organizations in its charitable giving. Synchrony opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, Synchrony Financial receives a High Risk rating.

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Board Bias

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CEO of Synchrony Financial

Brian Doubles

Brian Doubles

Summary:

Headquartered in Stamford, Connecticut, Synchrony Financial is a member of the Fortune 250 operating in the Diversified Financials industry. Brian Doubles and Jeffrey G. Naylor serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $6,800 to Republican causes and $96,840 to Democratic causes. Under their tenure, Synchrony Financial currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$6,800

$96,840

Republican

Democrat

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