Arcadium Lithium

Shannon, Ireland
Materials

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Arcadium Lithium 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. Arcadium Lithium 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

Arcadium Lithium integrates ESG into its business practices. From its 2023 Annual Report: “As such, we intend to continue to better integrate ESG and sustainability considerations into our business, operations and investment decisions” (1). However, the company has not canceled customers, suppliers, or vendors based on political views or religious beliefs (2).

Criteria

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

Risk Level
Rationale

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

Criteria

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

Risk Level
Rationale

Arcadium Lithium trains “full-time employees on a variety of DE&I topics, including creating an inclusive environment, identifying microaggressions and implicit biases and the importance of allyship” (1). The company appears to prioritize diversity over merit in its leadership composition. From its 2023 Sustainability Report: “As part of our commitment to further diversity, equity and inclusion, we also considered gender in our Director nominations and elected three female Directors, which make up 25% of the Board” (2). The company protects its employees against viewpoint discrimination (3).

Corporate Governance and Public Policy
Criteria

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

Risk Level
Rationale

Arcadium Lithium supports DEI within its business practices, employing a DE&I Committee (1). The company supports DEI within its business practices. From its 2023 Sustainability Report: “We view our global workforce’s breadth of experience and perspectives as our greatest asset, and we are committed to embedding diversity, equity and inclusion (DE&I) in all aspects of our culture” (2).

Criteria

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

Risk Level
Rationale

Arcadium Lithium 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

Arcadium Lithium 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.

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