Hindalco, an aluminum manufacturing company, does not provide viewpoint protections for its employees. However, the company has not publicly terminated business relationships based on views or beliefs. Novelis, a subsidiary of Hindalco, participates in inclusive leadership training which seeks to understand unconscious bias and supports LGBTQ Pride. Novelis is a signatory of the Business Roundtable's 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. However, the company has not used corporate funds or lobbied for ideological purposes. For these reasons, Hindalco Industries receives a Lower Risk rating.