Beazley Group

Industries Insurance
Location United Kingdom
(Along with 100 other companies)

Rating Overview

Risk Rating: Medium

Beazley Group is Medium Risk.

Beazley is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Beazley occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Medium Risk
Discriminatory Philanthropy Lower Risk
Employment Protection High Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Medium Risk
Funding Lower Risk
Political Actions No Data

Corporate Governance and Public Policy

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled 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:

Medium

Rationale:

Beazley integrates ESG into its business practices. Its investments “are subject to ESG screening prior to approval”, and it subjects suppliers to an ESG review before partnering (1). Beazley also brings publicly listed corporate bonds and entities “in line with a less than 2-degree Celsius pathway by 2028” (2). Beazley also aligns itself with the UNEP FI Principles for Sustainable Insurance (3)(4). However, Beazley has not canceled customers, suppliers, or vendors based on political views or religious beliefs (5).

Criteria:

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

Risk Level:

Lower

Rationale:

Beazley does not appear to discriminate against charitable organizations based on views or beliefs. It’s charitable giving focus areas are Education, Economic Development, Arts/Culture, and Emergency Relief (1).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

High

Rationale:

Beazley appears to prioritize diversity over merit in its business structure through the establishment of racial targets for its recruitment and leadership composition. Beazley is seeking an 11% quota for people of color in senior leadership roles by 2027 and a 33% quota for people of color in the workforce by 2028 (1). Beazley appears to prioritize diversity over merit in its recruitment. From its Responsible Business Report 2023: “Talent Acquisition team are regularly trained and upskilled to stay at the forefront of inclusive hiring practices” (2). Beazley does not provide viewpoint protections for its employees (3)(4).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

Beazley is committed to net zero carbon emissions by 2050 (1). Beazley supports DEI within its business practices and hosts diversity and inclusion workshops (2).

Criteria:

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

Risk Level:

Lower

Rationale:

Beazley has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

N/A

Rationale:

Beazley does not operate a PAC or engage in lobbying at this time (1)(2)(3).