Harbert Management Corporation
Corporate Bias Rating
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Risk Level:
Summary:
Harbert Management Corporation 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. The company 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.
View Full Corporate Bias Ratings ReportHas canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
HMC is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (1)(2)(3). The company integrates ESG into its business practices. From its 2024 Corporate Responsibility Annual Report: the company’s Responsible Investing Policy “emphasizes the commitment HMC has made to investing capital in a responsible manner and sets forth our objectives of integrating ESG principles into applicable business practices” (4). However, HMC has not canceled customers, suppliers, or vendors based on political views or religious beliefs (5).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
HMC does not appear to discriminate against charitable organizations based on views or beliefs (1).
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
HMC appears to prioritize diversity over merit in its hiring and recruitment. From its 2023 Corporate Responsibility Annual Report: “HMC is increasing business leader accountability for diversity and is redoubling hiring efforts by closely monitoring all hiring processes. Striving to reduce barriers to entry for promising young and diverse talent, HMC has engaged in partnerships with academic institutions and internship offerings, in addition to employee-led inclusion initiatives” (1). The company has a history of divisive corporate policies and practices. However, in 2024, the company removed DEI language from its Corporate Responsibility Annual Report. To date, the company has not publicly addressed this change, leaving shareholders without clarity regarding the company’s reasoning or future direction (2). HMC does not provide viewpoint protections for its employees (3).
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
HMC supports ESG within its business practices. From its 2023 Corporate Responsibility Annual Report: “we continually and intentionally incorporate ESG considerations into our investment evaluation processes” (1). The company supports DEI within its business practices. From its Careers webpage: “We pride ourselves on being an equal-opportunity employer committed to fostering a diverse and inclusive workplace” (2).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
HMC has not used corporate funds to advance ideological causes, organizations, or policies (1).
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.