Visa

California
Diversified Financials

Risk Level:

Rating - Danger
High Risk

Summary:

Visa has terminated business relationships due to political beliefs with The David Horowitz Freedom Center after the SPLC labeled it as a hate group. The company also vets vendors for their LGBTQ policies. The company does not have viewpoint protections for its employees. It has also funded leftist groups hostile to freedom of expression, like the American Civil Liberties Union (ACLU), and promoted the Equality Act. For these reasons, Visa 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

In 2018, Visa refused to allow donations to be processed if they were for the David Horowitz Freedom Center (1)(2). Visa uses SPLC The company received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means Visa has pledged to vet vendors based on LGBTQ policies (3).

Criteria

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

Risk Level
Rationale

Visa does not donate to religious organizations unless “the donation is designated for ongoing non-secular community service programs open to all persons, and which do not propagate belief in any specific faith as a requirement for receiving services” (1).

Criteria

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

Risk Level
Rationale

Visa does not protect its employees from 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

Visa used its corporate image to support the Equality Act (1). Visa utilizes a new product code for legal firearms, allowing for the potential tracking of legal gun purchases (2).

Criteria

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

Risk Level
Rationale

Visa matches employee donations to the ACLU (1).

Criteria

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

Risk Level
Rationale

Visa contributes in a bipartisan manner in accordance with business interests (1).

All links were last accessed and all information was updated on:
March 23, 2023

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