Wabtec - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Medium Risk

Summary:

Wabtec does not provide its employees with viewpoint protections, and the company vet vendors for LGBTQ policies. Wabtec discriminates against religious organizations in its charitable giving and requires ESG and DEI trainings for its employees. However, Wabtec has not publicly terminated existing business relationships. For these reasons, Wabtec 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

Wabtec received a score of 90 from the Corporate Equality Index. Among other commitments, this means that Wabtec has a written policy pledging to vet vendors for support of LGBTQ policies (1)(2). However, Wabtec has not publicly fired customers, suppliers, or vendors based 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

Wabtec’s charitable giving program will not give to “Political or religious campaigns” or “Organizations classified by the IRS as a church or religious organization (i.e. church-related commitments, tithes, etc.)” (1)(2).

Criteria

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

Risk Level

Rationale

Wabtec does not provide viewpoint discrimination protections for employees (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

Wabtec is a member of the Business Coalition for the Equality Act (1). Wabtec integrates ESG into all of its business practices (2). Wabtec requires diversity training for all employees (3).

Criteria

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

Risk Level

Rationale

Wabtec does not use corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

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

Risk Level

N/A

Rationale

Wabtec does not operate a PAC at this time (1).

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

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