Alliance Resource Partners LP

Industries Energy
Subsidiaries https://www.sec.gov/Archives/edgar/data/1344980/000119312512085100/d261987dex211.htm ARM GP Holdings, Inc. Alliance Resource Management GP, LLC Alliance Resource Partners, L.P. Alliance Resource Operating Partners, L.P. Alliance Coal, LLC

Rating Overview

Risk Rating: Lower

Alliance Resource Partners LP is Lower Risk.

Alliance Resource Partners LP 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.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Lower Risk
Discriminatory Philanthropy No Data
Employment Protection High Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Medium Risk
Funding Lower Risk
Political Actions Lower Risk

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled 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:

Lower

Rationale:

Alliance Resource Partners has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria:

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

Risk Level:

N/A

Rationale:

Alliance Resource Partners does not publish charitable giving guidelines (1).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

High

Rationale:

Alliance Resource Partners appears to prioritize diversity over merit in its leadership composition. From its 2022 Proxy Statement: “Our Board and its ESG and Nominating Committee make diversity in gender, ethnicity/race, age, and career experience a priority when considering director candidates” (1). Alliance Resource Partners does not publish a nondiscrimination policy (2).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

Alliance Resource Partners supports DEI within its business practices. From its 2022 Proxy Statement: “Ensuring an environment of inclusion, diversity and respect is a top priority” (1). Otherwise, Alliance Resource Partners has not supported ideological causes or policies (2).

Criteria:

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

Risk Level:

Lower

Rationale:

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

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

Lower

Rationale:

Alliance Resource Partner has not used its PAC donations for ideological purposes and does not report on its lobbying at this time (1)(2)(3).