
USAA (United Services Automobile Association)
Corprate Bias Ratings
Risk Level:
Summary:
USAA vets vendors according to LGBTQ policies, is part of the Global Alliance for Responsible Media, and does not provide its employees with protections against viewpoint discrimination, but has not publicly terminated business relationships based on views or beliefs. The company has sponsored the San Antonio Pride Parade and funds multiple LGBTQ organizations. USAA is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism and has instituted various DEI training programs. However, it does not discriminate against religious organizations in its charitable giving and does not use its PAC contributions for ideological purposes. For these reasons, USAA receives a "Medium Risk" rating.
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.
USAA has not publicly terminated business relationships due to religious beliefs or political views. USAA 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” (1)(2)(3). The company received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means USAA has pledged to vet vendors based on LGBTQ policies (4).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
USAA will contribute to faith-based groups as long as the services do not require religious conversion or adherence; however, the group will not contribute to “any charitable organization that discriminates against a person or group of people in its hiring and employment practices” (1) USAA will match up to $1,000 in employee donations to eligible charities (2). According to tax records, USAA is enabling ministries to receive funds (3).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
USAA does not provide protections against viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
USAA has resisted requests to come out in opposition to the Texas voting reform bill (1). However, the company has instituted various DEI trainings and programs targeted at employees (2). CEO Wayne Peacock is a member of the Business Roundtable and Former CEO Stuart Parker signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (3)(4).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
USAA is a member of the Global Alliance for Responsible Media (1)(2)(3). The company supports the San Antonio Pride Parade and has also committed to multiple acts of advocacy for the LGBTQ community (4)(5)(6). USAA is a copper sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (7)(8).
Uses corporate political contributions for ideological, non-business purposes.
USAA has not used political donations for ideological purposes (1).
All links were last accessed and all information was updated on:
June 30, 2023
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Voting History
Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/4/23 | Governance | SEIU Master Trust | Report on Lobbying Activities | Against | 29.70% |
5/4/23 | Governance | John Chevedden | Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting | Against | 22.00% |
5/5/22 | Environmental | As You Sow | Report on 2050 Net-zero Goals and Explain its Current Policies | Against | 28.10% |