Bank of America and Goldman Sachs have both been lauded for their LGBTIQ-friendly workplaces. But tax filings uncovered by openDemocracy show nonprofit foundations linked to the banks have also funded ultraconservative groups fighting to roll back civil rights for the queer community worldwide.
From 2017 to 2020, the Bank of America Charitable Foundation handed out more than $390,000 to eight such organisations who between them have resisted same-sex marriage laws and anti-discrimination protections for LGBTIQ people, challenged contraception and abortion access, and sought to ban gender-affirming healthcare for trans people. …
Who cares? What a bank does isn’t going to deter me from supporting or opposing what I choose. Every major product or service that you use employs the same level choice across the board, whether you like it or not.
I care.
But you can avoid doing business with banks that are more egregiously shitty in this regard. Use a local credit union instead.
That’s true, but that’s not going to stop someone who believes in this to stop going to Starbucks when they try to stop their workers from unionizing, or stop shopping at Amazon even though they underpay and over work their employees. Like if your going to draw a line, either cross it or stay behind it but don’t act like you have a hill to die on because some bank chooses to do something really shitty. Let’s get real here.