Wesco International

Pennsylvania
Utilities

Risk Level:

Rating - Caution
Medium Risk

Summary:

Wesco International (Wesco) does not protect employees from viewpoint protection, though the company has not publicly terminated business relationships due to political or religious differences. Wesco has implemented ESG goals into its business practices and is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company is a corporate partner of the National LGBT Chamber of Commerce. However, it does not discriminate against religious organizations in its charitable giving. For these reasons, Wesco International 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

There are no public instances of Wesco International Inc. suspending users or terminating business relationships for political or religious reasons.

Criteria

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

Risk Level
Rationale

Wesco International Inc. will match employee donations to religious organizations that engage in community projects (1).

Criteria

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

Risk Level
Rationale

Wesco International Inc. does not protect employees from 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

Wesco International integrates ESG into all its business practices (1). CEO John J. Engel signed the CEO Action for Diversity and Inclusion pledge (2). Engel is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (3)(4).

Criteria

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

Risk Level
Rationale

Wesco International is a corporate partner of the National LGBT Chamber of Commerce (1). Otherwise, it has not corporately funded ideological groups hostile to freedom of expression.

Criteria

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

Risk Level
N/A
Rationale

Wesco International does not operate a PAC.

All links were last accessed and all information was updated on:
May 24, 2023

Company reports are intended for educational use only. Full Disclaimer

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