DigitalBridge
Rating Overview
Rating Criteria
Rating Criteria Detail
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:
MediumRationale:
Digital Bridge integrates ESG into its business practices. From its 2023 ESG report: “ESG analysis is integrated into the due diligence of relevant digital equity investments” (1). The company is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (2)(3). However, the company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (4).
Criteria:
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Risk Level:
N/ARationale:
DigitalBridge does not publish charitable giving guidelines (1).
Criteria:
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
Risk Level:
HighRationale:
Digital Bridge is a signatory of the Institutional Limited Partners Association’s Diversity in Action Initiative, committing itself to specific actions that advance DEI within the governance and policies of the organization and the private equity industry more broadly (1)(2)(3). The company does not provide viewpoint protections for its employees (4).
Corporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
HighRationale:
DigitalBridge supports DEI within its business practices, employing a 15-member DEI Steering Committee and adopting a formal DEI Policy (1). The company is a signatory of the Institutional Limited Partners Association’s Diversity in Action Initiative, committing itself to specific actions that advance DEI within the governance and policies of the organization and the private equity industry more broadly (2)(3)(4). DigitalBridge’s CEO Marc Ganzi signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace, strategize on DEI programs/initiatives with other signatories, and engage boards of directors when developing and evaluating DEI strategies (5)(6). Digital Bridge supports ESG within its business practices. From its 2023 ESG Report: “we seek to address ESG and climate-related issues as a priority….One way we plan to meet those expectations is by striving to achieve net zero greenhouse gas (GHG) emissions. To that end, we conducted our first fund-level estimate of Scope 1, Scope 2 and Scope 3 GHG emissions of our portfolio companies, among other actions” (7).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
DigitalBridge has not used corporate funds to advance ideological causes, organizations, or policies (1).