Valeo

France
Automobiles and Components

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Valeo does not provide viewpoint protections to employees, and the company promotes ESG goals, including DEI trainings for employees. Valeo also has strategies to monitor suppliers for sustainability criteria. However, Valeo has not externally promoted ideological causes or funded ideological groups hostile to freedom of expression, and the company has not terminated business relationships due to ideological differences. For these reasons, Valero 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

Valeo has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. However, Valeo states: “Sustainability is integrated at different stages of the business relationship that Valeo has with its suppliers: from the selection process to the qualification system. We also monitor our suppliers’ improvement through different assessment tools using our sustainability criteria” (1). Valeo incorporates ESG into all of its business practices (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

Valeo does not discriminate against religious organizations in its charitable giving. Valeo’s charitable activities include volunteer work and a foundation improving the quality of life for people with motor disabilities (1). Valeo does not have an employee donation-matching program at this time.

Criteria

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

Risk Level
Rationale

Valeo does not provide viewpoint protections for employees (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

Valeo incorporates ESG into all of its business practices and is on the CAC 40 ESG index that comprises 40 companies within the CAC Large 60 Index that demonstrate the best ESG practices (1)(2)(3). Valeo holds employee DEI and ESG training (4)(5).

Criteria

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

Risk Level
Rationale

Valeo has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

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

Risk Level
N/A
Rationale

Valeo does not operate a PAC at this time.

All links were last accessed and all information was updated on:
October 3, 2023

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