
The Manitowoc Company, Inc
Corporate Bias Rating
Expand Summary
Risk Level:
Summary:
The Manitowoc Company, Inc. is Lower Risk. The company does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Overall, the company does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects 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.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Manitowoc 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.
Manitowoc offers DEI training to its employees (1). It appears to prioritize diversity over merit in its mentorship program. From its 2022 CSR Report: “As stewards of our diversity, equity, and inclusion initiatives, our leadership team takes a proactive approach to build and develop a diverse pipeline of talent. The Manitowoc Mentorship Program is designed to partner our high-performing and diverse talent with senior leadership team members” (2). It appears to prioritize diversity over merit in its business structure through the establishment of gender targets for its hiring. The company states “In 2022, to increase gender diversity at all levels within our Company, the global human resources team prioritized inclusion of at least one qualified female candidate through the final interview stages. We have implemented diverse interview panels to ensure we have a representative group of candidates” (3). However, in January 2024, the company removed DEI and DEI training language from its 2024 Annual and CSR Reports. To date, the company has not publicly addressed these changes, leaving shareholders without clarity regarding the company’s reasoning or future direction (4). The company is an affirmative action employer. “The Manitowoc Company is an Equal Opportunity and Affirmative Action Employer” (5). It does not provide viewpoint protections for its employees (6).
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Manitowoc supports DEI within its business practices. From its 2023 Annual Report: “At Manitowoc, we remain fully committed to building a culture of inclusion and expanding the diversity of our workforce. We strive to create a diverse and inclusive workplace where all of our team members can perform to their full potential” (1). However, in January 2024, the company removed DEI language from its 2024 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).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Manitowoc has not used corporate funds to advance ideological causes, organizations, or policies (1).
Board Bias
Expand Summary
1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.