Offers may be subject to change without notice. This type of concrete action, alongside more broad statements like the Dont Ban Equality letter, are likely to keep happening. United Way works with companies, governments, nonprofits and other organizations to address complex challenges on a worldwide scale. Thus, where a company stood depends on where it sits in society. Though Yelps health insurance already included abortion care, it now also provides travel benefits for covered U.S. employees and dependents who need to travel out of state for access, provided through the insurance provider. But an overwhelming number of the signees came from companies that ostensibly had nothing to do with women or their reproductive healthincluding more than a dozen tech companies like Yelp, Postmates, Tinder, and Timehop. Food delivery platform DoorDash told Protocol it would cover travel-related costs for employees and those enrolled within its healthcare plans who may need to traverse abortion-care barriers in their area. We may earn commission from links on this page, but we only recommend products we back. 2023 Fortune Media IP Limited. Svane was one of more than 187 top executives to sign a full-page ad in the New York Times in June called Dont Ban Equality, which stated that undue restrictions on the full spectrum of reproductive care, including abortion care, were bad for business.. Our Partners. What Nike knew, however, was that its core customer base was both more likely to support Kaepernick than the average consumer and more likely to care about a brand standing up. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Ever feel like the only difference between the New York Times and Washington Post is the name? To appeal to women as customers, to appeal to women as employees, they have to show they are being more female-focused.. The coffeehouse chain added reimbursement for healthcare-related travel expenses for all those enrolled in the companys healthcare plan who may be living in an area where services are not readily available within a 100-mile radius. Apparel company Levi Strauss made it clear that the company opposes any steps to restrict access to the full range of reproductive healthcare, including abortion. The Levi Strauss Foundation sent grants to several organizations that provide direct assistance to impacted communities including Center for Reproductive Rights, Afiya Center and ARC-Southeast. Employers in Abortion Ban States Face Retention Crisis - Business Insider Salesforce Co-CEO Marc Benioff (Photo by Roy Rochlin/Getty Images), In a memo released on May 16, Starbucks acting vice president for partner resources Sara Kelly announced that regardless of where an employee lives or what they believe, Starbucks will reimburse employees and their enrolled dependents and partners for any travel expenses incurred while obtaining abortion services or gender-affirming healthcare when those services are not available within 100 miles of a partners home. Kelly said that the timing of the benefit expansion is still being determined, but in the meantime she is deeply concerned by the draft Supreme Court opinion related to the constitutional right to abortion that was first established by Roe v. Wade.. Where Can I Buy the IUD & How Much Will It Cost? Canada's Top Family-Friendly Employers (2023) Real estate company Douglas Elliman sent out a company-wide note following the 2021 ruling that ensured it would reimburse directly impacted employees who may be forced to travel out of state in order to obtain the reproductive care they require, as reported by The Real Deal. Companies like J. Fact check: The AARP has not endorsed Joe Biden or donated to Planned Planned Parenthood of Southern New England lists the following corporations as having donated to them in fiscal year 2014: PACESETTER ($10,000 - $24,999) Goldman Sachs Gives Pfizer Foundation. Climate change? But thats not the primary reason he signed the letter, he said. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Nope: Friedman never said theonlysocial responsibility was the bottom line, and neither do todays smart CEOs. Join the millions of people who benefit from The Daily Signals fair, accurate, trustworthy reporting with direct access to: Dont have time to read the Washington Post or New York Times? When businesses, even in often conservative southern states, started speaking out against so-called bathroom bills and in favor of trans people, NARAL decided that companies might be ready to engage on abortion, too, then-vice president for special projects, Amy Everitt, told Fortune. According to its website, some proceeds from the sale of this shirt will go to Planned Parenthood of the Heartland. Unplanned Parenthood: Why Do Corporations Support the Nation's Largest Our top-read SSRN scholarly research shows thatthe financial markets rewarded these businesseshandsomely for their woke moves in exiting Russia, because those exits were strategic reductions in business risk on many levels. If out-of-state travel is necessary to access proper medical care, the company now provides travel and lodging expenses. Thirty-nine corporations and organizations directly contribute to the group. Below is a list of companies that support Planned Parenthood as of October 5, 2016. Like anything else social and political, theres no middle ground anymore," says Anthony Johndrow, who leads a reputation advisory firm that counsels businesses on engaging in such issues. Discovery is Hiring | View 442 Jobs, prominently flagging pregnancy crisis centers. American Express. And while CEOs are indeed increasingly stepping out of the C-suite and into public debatea political awakening Harvard Business School professor Rebecca M. Henderson recently called as monumental a moment in the business world as the transition from analog to digitalabortion is a new issue in this arena. In addition to these Woman Power T-shirts, they also have The Future Is Female and Resist shirts available. Planned Parenthood Federation of America, Inc. is a registered 501(c)(3) nonprofit under EIN 13-1644147. It has a whole shop full of T-shirts, stickers, mugs, and home decor that you can purchase to support its mission and make a statement. Corporate America would prefer to talk about just about anything other than abortion. Their ideas, volunteer power, in-kind support and more are helping build stronger, more resilient communities. Offers may be subject to change without notice. In an email to Forbes, the company said it not only covers employees currently impacted by restricted access to abortion, but those who may be in the future, too. On Friday he ordered remaining ones back to the office. Nike has, for instance, built its reputation in recent years on its willingness to take stands. This is demonstrated by the results ofour in-depth study of thescores of first-mover companies118 so farthat have publiclyresponded to last weeks Supreme Court rollback of a womans right to reproductive choice. A JPMorgan spokesperson confirmed to Forbes on June 24 that abortion is a covered service in the companys health care plan, and said in a statement: As always, were focused on the health and well-being of our employees, and want to ensure equitable access to all benefits.. The investment bank adds to the list of companies funding travel costs for reproductive or gender-affirming medical care, covering its stateside employees. You can shop T-shirts, hats, stickers, skincare, meal delivery subscriptions, and more knowing that some of your money is going to a worthy cause. These Are The U.S. Companies Offering Abortion-Related Benefits An American right. Last summer, staff at Yelp quietly combed through more than 2,000 businesses in its database to sort out so-called crisis pregnancy centers from actual reproductive health providers. Donations are tax-deductible to the fullest extent allowable under the law. More specifically, those factors can determine where millennial women choose to work: nearly three in five said if choosing between two offers, a companys reproductive healthcare package would be a deciding factor. The CEO moved to San Francisco from his native Denmark with his customer service software company Zendesk, and he was surprised to encounter such fierce protest on this issue in a place like San Francisco in 2019. Now in its 22 nd year, Canada's Top Family-Friendly Employers is one of the longest-running competitions within the Canada's Top 100 Employers project. Getting an IUD costs anywhere between $0 to $1,300. The Coca-Cola Company does not contribute to Planned Parenthood, a representative told The Daily Signal. They will give positive word of mouth to what youre doing, so you get all of this benefit. Those that acted quickly to address womens health needs, in the form ofguaranteeing to pay for employee travelto states that allow abortion, dont seem to have been driven by feminist ideology, or their leaderships beliefs or gender identity. The ride-hailing app joins Lyft in covering employees travel expenses in seeking abortion-related healthcare as well as any legal fees incurred by drivers transporting riders to abortion clinics. FORTUNE may receive compensation for some links to products and services on this website. However, its not only the government that fills Planned Parenthoods coffers. .css-1iyvfzb .brand{text-transform:capitalize;}We may earn commission from links on this page, but we only recommend products we back. In a memo to employees the Hollywood talent agency posted on its site May 4, CEO Jeremy Zimmer said it will reimburse travel expenses related to receiving womens reproductive health services that are not accessible in their state of residence. In the memo, Zimmer said, were doing this to support the right to choose that has been a bedrock of settled law for almost half a century.. Here are 200+ Companies that Support Planned Parenthood responded to last weeks Supreme Court rollback, Brands such as Nike, Levi Strauss, and H&M faced reprisals, 1,300 firms we studied that exited Russia this spring, catalytic on the actions of all companies, Preempting critiques of oligarchical entanglements, the financial markets rewarded these businesses, examined the 118 first movers on the response to the Supreme Courts overruling of, only 15% of these first mover companies are led by women CEOs, nearly a third of the companies were from the tech sector, Indeed, a recent Morning Consult poll found that although Americans are 50-50 divided. On May 3, Yelp co-founder and CEO Jeremy Stoppelman said the company would double-match employee donations to groups like Center for Reproductive Rights and Planned Parenthood through the month of June. Its not so valuable anymore to be agnostic., About 63% of people buy from companies that reflect their personal beliefs, and 62% want companies to take a stand on cultural and political issues that they care about, according to a 2018 study by Accenture. When the sports apparel brand put Colin Kaepernick in an ad campaign in 2018, some observers were surprised, given how the football players protest had divided some Americans. The stances taken by companies on most of these issues enjoyed support from more than 80% of Americans, though some others politically divided the nation. The group is under fire after two videos were released showing top Planned Parenthood executives allegedly discussing the sale of aborted fetal body parts. Melissa Quinn Of the 118 first-mover companies, we found that while certain industries such as heavy industry and manufacturing were sparsely represented,nearly a third of the companies were from the tech sector, making tech by far the largest sectoral component. FORTUNE may receive compensation for some links to products and services on this website. Others are reportedly considering special benefits. According to the listing, the shop donates monthly to abortion funds such as Planned Parenthood of Michigan (its home state), Fund Texas Choice, and the Lilith Fund, but it also welcomes suggestions for other abortion funds to donate to. American Funds Washington Mutual Fund ($3.4B owned) SPDR S&P 500 ETF ($2.4B owned) American Funds Fundamental Investor Fund ($2.1B owned) Vanguard Institutional Index Fund ($2.02B owned) Invesco QQQ Trust ETF ($1.94B owned) American Funds American Balanced Fund ($1.78B owned) Fidelity 500 Index Fund ($1.69B owned) The group 2nd Vote has put together a list of corporate sponsors based on Planned Parenthood's own documents as well as other sources. They have removed Xerox from this list of companies that match. Planned Parenthood delivers vital reproductive health care, sex education, and information to millions of people worldwide. Planned | LinkedIn What is causing this attrition in corporate support for Planned Parenthood? For people who care about womens access to the full spectrum of reproductive healthcare, the exact motivationwhether for morals or for moneymight not matter. The entertainment company expanded its healthcare benefits to include out-of-state travel coverage for those without access to abortion-related services or reproductive care. A Reddit spokesperson confirmed that reproductive health services have already been covered by several of the companys health plans and that employees can use a yearly stipend benefit to cover travel costs as well as Reddits unlimited paid time off policy if they need to travel to access care for these services. The following companies provided statements to The Daily Signal: Avon: "Avon does not make any direct donations or grants to Planned Parenthood. Job site Indeed added a travel reimbursement policy for abortion-related care, according to the woman-oriented, company ratings platform InHerSight. She she said the benefit will . When shes not working, you can find her running, traveling, or scrolling TikTok. The employers on this list are the leaders in helping employees balance their work and family commitments. But thanks to a leaked draft of a Supreme Court decision that would overturn Roe v. Wade, the landmark 1973 ruling that made abortion a guaranteed right in the U.S., the chief executives of Americas biggest companies are being asked to take a position onand in a growing number of cases, offer new benefits or funds to addresswhat has long been the third rail of American politics. Fox News, as well as conservative outlets such as the Heritage Foundation 's The Daily Signal, said droves of major U.S. companies, including Xerox, Ford and Coca-Cola, had turned against. Built In is the online community for startups and tech companies. They're three of the largest multinational communications and public relations firms in the world, and they appear to be coalescing on similar strategies: On May 6, WPP CEO Mark Read sent a memo to employees saying the agency holding company would be updating its benefits plan to provide funding for travel that allows consistent access to healthcare and resources, including abortion care. The benefit would apply to all U.S. agencies, Read told employees in a memo viewed by Forbes; he went on to note that "we want our people to have the same health coverage regardless of where they live." In an online statement, the IKEA Group said it believes that safe access to reproductive healthcare, including abortion, and the ability for persons to make private decisions about their health and well-being, are essential to advancing gender equity.. This tech exodus, in turn, was quickly followed by professional service firms such as McKinsey, Boston Consulting Group, Bain, Deloitte, EY, PwC, KPMG, and Grant Thornton. Thats why more companies, amid sweeping restrictions in states like Texas, Oklahoma and Mississippi and ahead of the expected repeal of Roe, are announcing theyll help employees who need abortion services and reproductive healthcare no matter where they live. We also found that these first-mover companies did not have significantly more women on their boards of directors or in their ranks of senior management compared to their peers. Artist Jessica Serrato has pledged to donate 100 percent of the net proceeds from this gorgeous sticker to Planned Parenthood, according to the item listing and her Twitter. Its what Reed calls identity loyalty, or when supporting a brand becomes a form of self-expression.
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