Ameriprise Financial

Ameriprise Financial received a score of 100 on the 2025 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). The company promotes divisive sex and gender policies. Its Global Code of Conduct requires international vendors to include sexual orientation and gender identity in their nondiscrimination policy (3). However, Ameriprise Financial has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (4).

Ameriprise Financial’s HRC 2025 CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). Ameriprise Financial grant making guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender identity, thereby excluding some religious charities (3). The company likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (4)(5)(6).

Ameriprise Financial’s HRC 2025 CEI rating indicates the company forces employees to attend multiple, controversial trainings on gender identity, sexual orientation, transgender issues, and divisive racial ideology. The company provides gender transition guidelines for its employees and a specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2). The company appears to prioritize diversity over merit in its recruitment. From its 2023 Responsible Business Report: “Recruiting diverse talent through targeted outreach to engage diverse applicants, which includes participating in recruiting events with organizations that reach women, people of color, veterans and people with disabilities.” The company appears to prioritize diversity over merit in its supply chain: “Our supplier diversity initiatives encourage all suppliers, including those owned by minorities, women, veterans, LGBTQ+ individuals and people with disabilities, to participate in our program” (3). Ameriprise Financial provides unconscious bias training for its leaders and employees (4). The company offers gender inclusion and DEI training to its employees (5). The company does not provide viewpoint protections for its employees (6).

Ameriprise Financial’s HRC 2025 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy. By doing so, the company risks dividing employees, alienating customers and harming shareholders (1)(2). Ameriprise Financial signed an open letter endorsing the Equality Act, a contentious proposal to amend the 1964 Civil Rights Act by adding sexual orientation and so-called gender identity as protected categories. The legislation would, among other implications, grant biological men access to women-only spaces such as sports teams and public restrooms, and compel healthcare providers to deliver sex-denying healthcare (3). Its CEO James Cracchiolo is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders (4)(5). Ameriprise Financial’s CEO, James M. Cracchiolo, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (6)(7). The company supports DEI within its business practices, hosting a DEI Global Diversity Steering Committee (8). The company supports DEI within its business practices. From its 2023 Responsible Business Report: “Our diversity, equity and inclusion (DEI) vision, mission and aspirations are key to our sustainability. DEI is embedded in our culture, our values and how we operate as a firm” (9). The company supports ESG within its business practices. From its 2023 Responsible Business Report: “As a research-driven active manager, we believe that the integration of ESG [considerations] into our investment research builds a fuller picture of the risks, opportunities and future return prospects of the companies, debt issuers and assets we invest or look to invest in” (10). The company scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group (11)(12).

Ameriprise Financial’s HRC 2025 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology. By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders (1)(2). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (3).

Ameriprise Finacial’s HRC 2025 CEI rating indicates the company publicly advocated for controversial sex and gender ideology through local, state or federal legislation or initiatives. By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders (1)(2). Ameriprise Financial has not used its PAC donations for ideological purposes (3)(4). In 2020, the company lobbied for ESG Disclosure Simplification Act of 2019 (5). In 2021, the company lobbied for Improving Corporate Governance Through Diversity Act of 2021 (6).