Berkshire Hathaway

Nebraska
Diversified Financials

Risk Level:

Rating - Clear
Lower Risk

Summary:

Berkshire Hathaway has not publicly canceled business relationships due to views or beliefs. Warren Buffett has decided not to use his company, Berkshire Hathaway, to advance his political goals. The company does not use corporate funds for ideological purposes. Berkshire Hathaway has stood strong in the face of cultural pressure, particularly regarding shareholder activist pressure to take ESG stances. For these reasons, Berkshire Hathaway receives a "Lower Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to 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

There are no known instances of Berkshire Hathaway firing customers, suppliers, or vendors based on religious or political beliefs. The company is willing to work with people of all persuasions.

Criteria

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

Risk Level
N/A
Rationale

Berkshire Hathaway no longer has a corporate donation program through its flagship office.

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Berkshire Hathaway does not explicitly protect its employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

When pressed to disclose its climate and diversity and inclusion efforts, Berkshire Hathaway stated that it stays out of political causes in business (1). Mr. Buffett signed an open letter opposing any discriminatory legislation that restricts ballot access, but he only signed on behalf of himself and not the company (2).

Criteria

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

Risk Level
Rationale

Berkshire Hathaway does not use its corporate funds to advance a political agenda. Berkshire Hathaway has withstood significant shareholder activist pressure to undertake ESG goals (1).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Berkshire Hathaway does not use its political contributions to support ideological groups hostile to freedom of expression. (1).

All links were last accessed and all information was updated on:
March 21, 2023

Company reports are intended for educational use only. Full Disclaimer

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