Vertex Pharmaceuticals - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Medium Risk

Summary:

Vertex has not terminated business relationships due to views or beliefs, though it vets suppliers according to LGBTQ policies. Vertex does not provide viewpoint protections for its employees. Vertex limits donations to faith-based charities while supporting the Equality Act and funding the work of critical race theorist Ibram X. Kendi. For these reasons, Vertex 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

Vertex Pharmaceuticals received a score of 95 on the Corporate Equality Index from the Human Rights Campaign (1). Among other requirements, this means Vertex vets suppliers according to LGBTQ policies. However, the company has not publicly terminated business relationships due to views or beliefs.

Criteria

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

Risk Level

Rationale

Vertex’s charitable giving policy states that it “will not consider requests from organizations that discriminate on the basis of race, gender, sexual orientation, marital status, religion, age, national origin, veteran’s status or disability”(1).

Criteria

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

Risk Level

Rationale

Vertex 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

Vertex signed an open letter in support of the Equality Act (1).

Criteria

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

Risk Level

Rationale

Vertex donated $1.5 million to the Boston Center for Antiracist Research, which is led by Ibram X. Kendi, who is noted for his work in support of critical race theory (1)(2).

Criteria

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

Risk Level

Rationale

Vertex has not used political contributions for ideological purposes (1).

All links were last accessed and all information was updated on:
September 20, 2023

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