Valley National Bank
Corprate Bias Ratings
Risk Level:
Summary:
Valley National Bancorp, operating as Valley Bank, does not protect its employees against viewpoint discrimination but has not publicly terminated business relationships based on views or beliefs. Valley Bank's ESG practices include limiting capital to environmentally-sensitive industries. The company's CEO has signed the CEO Action for Diversity and Inclusion pledge and hosts unconscious bias trainings for its employees. The company makes an effort to fund organizations like the Urban League, Bronze Valley, and Mobilization for Justices, to promote DE&I ideologies. However, the company does not appear to discriminate against religious organizations in its charitable giving. For these reasons, Valley Nation Bank 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.
Valley National Bank has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Valley Bank does not appear to discriminate against religious organizations in its charitable giving (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Valley Bank does not provide viewpoint protections for its employees (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Valley Banks’ CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (1) The company hosts unconscious bias training courses for its employees and has published articles specifically for LGBTQ financial planning, featuring imagery of two male parents and their two children (2)(3). Valley Bank also has multiple article that are geared towards teaching DE&I principles like allyship and inclusion (4)(5). The company supports ESG within its business practices (6).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Valley Bank partners with multiple racial justice organizations (1).
Uses corporate political contributions for ideological, non-business purposes.
Valley Bank has not used its PAC donations for ideological purposes (1).
All links were last accessed and all information was updated on:
October 10, 2023
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