Western Union

Colorado
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Western Union vets vendors according to LGBTQ policies and does not protect its employees against viewpoint discrimination. Western Union covers the cost of "medically necessary transition-related care” for its employees and their children. Western Union supports Race Forward, a progressive social justice group. The company is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company also partnered with the Coalition for the American Dream, which has supported DACA legislation. For these reasons, Western Union 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

Western Union received a score of 100 on the Human Rights Campaign’s Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (3)(4).

Criteria

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

Risk Level
Rationale

Western Union does not discriminate against religious organizations in its charitable giving (1)(2)(3).

Criteria

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

Risk Level
Rationale

Western Union does not provide viewpoint protections for its 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

Western Union is a partner of the Coalition for the American Dream, which has signed an amicus brief in favor of protecting DACA and other immigration legislation (1)(2). CEO Devin McGranahan is a member of the Business Roundtable and former CEO Hikmet Ersek 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

Western Union has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children(1)(2). The company uses corporate funds to donate to ideological organizations, including Race Forward and Urban Leadership Foundation of Colorado (3). Western Union sponsors many LGBTQ events and organizations, including Denver’s Virtual Pride Parade and Micro Rainbow, a nonprofit that provides asylum to LGBT individuals (4).

Criteria

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

Risk Level
Rationale

Western Union does not operate a PAC at this time and does not lobby in an ideological manner (1)(2).

All links were last accessed and all information was updated on:
December 5, 2023

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