USAA (United Services Automobile Association)

Texas
Insurance

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

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.

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

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).

Criteria

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

Risk Level
Rationale

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).

Criteria

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

Risk Level
Rationale

USAA does not provide protections against viewpoint discrimination (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

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).

Criteria

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

Risk Level
Rationale

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).

Criteria

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

Risk Level
Rationale

USAA has not used political donations for ideological purposes (1).

All links were last accessed and all information was updated on:
June 30, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/4/23GovernanceSEIU Master TrustReport on Lobbying ActivitiesAgainst29.70%
5/4/23GovernanceJohn CheveddenGive the Owners of 10% of Common Stock the Power to Call a Special Shareholder MeetingAgainst22.00%
5/5/22EnvironmentalAs You SowReport on 2050 Net-zero Goals and Explain its Current PoliciesAgainst28.10%
Generate Reports
Clear
Toast