ALDO - 1792 Exchange

Corporate Bias Rating

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Risk Level:

Medium Risk

Summary:

ALDO 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. ALDO 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.

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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

Rationale

ALDO has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria

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

Risk Level

Rationale

ALDO does not appear to discriminate against charitable organizations based on views or beliefs (1)(2).

Criteria

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

Risk Level

Rationale

ALDO requires employees to take DEI and unconscious bias training (1). The company does not provide viewpoint protections for its employees (2).

Corporate Governance and Public Policy

Criteria

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

Risk Level

Rationale

ALDO supports Montreal Pride, and offers a lottery for employees to win passes to the event (1). The company also sent three associates to the Out & Equal Workplace Summit (2). Otherwise, there are no publicly known cases of ALDO using its reputation to advance ideological causes or policies (3).

Criteria

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

Risk Level

Rationale

ALDO has partnered with Out & Equal, a nonprofit that advocates for LGBTQ+ workplace equality (1). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (2).

Criteria

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

Risk Level

N/A

Rationale

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

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.