Kimco Realty Corporation

New York
Real Estate

Risk Level:

Rating - Caution
Medium Risk

Summary:

Kimco Realty Corporation does not provide viewpoint protections for employees, and the company has pledged to vet vendors for LGBTQ+ policies. However, Kimco has not publicly terminated business relationships due to views or beliefs. Kimco embraces ESG and DEI practices, and the company CEO has signed the CEO Action for Diversity and Inclusion pledge. However, Kimco has not funded ideological groups hostile to freedom of expression. For these reasons, Kimco Realty Corporation receives a Medium 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

Kimco has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. Kimco has received a score of 100 on the Corporate Equality Index. Among other requirements, this indicates the company has a written policy pledging to vet vendors for LGBTQ policies (1). Kimco integrates ESG into all of its business practices, including a Paris-aligned emissions reduction target (2)(3).

Criteria

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

Risk Level
Rationale

Kimco Realty does not discriminate against religious organizations in its charitable giving (1).

Criteria

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

Risk Level
Rationale

Kimco Realty does not provide protections against 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

Kimco Realty integrates ESG and DEI commitments into all of its business practices (1)(2). Kimco Realty’s CEO has signed the CEO Actions for Diversity and Inclusion pledge, which includes a commitment to promote DEI through bias education training within the workplace (3).

Criteria

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

Risk Level
Rationale

Kimco Realty has not used corporate funds to advance ideological groups hostile to freedom of expression.

Criteria

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

Risk Level
N/A
Rationale

Kimco Realty does not have a PAC.

All links were last accessed and all information was updated on:
May 25, 2023

Company reports are intended for educational use only. Full Disclaimer

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