UBS
Corporate Bias Rating
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Risk Level:
Summary:
UBS scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, UBS increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. UBS 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. UBS, an investment banking company, vets vendors to ESG policies. The company is a member of Glasgow's Net Zero Alliance, committed to carbon neutrality by 2050. UBS created the InsightShares LGBT Employment Equality ETF to advance LGBTQ causes and funds multiple LGBTQ organizations. The company is a member of the Global Alliance for Responsible Media, which aims to demonetize advertisements and suppress content that “vilifies” individuals based on sexual orientation and gender identity, discusses “debated social issues in a negative or partisan context” or spreads “hate speech”. UBS has donated to the Equality PAC. For these reasons, UBS receives a High Risk rating.
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