Alloy - 1792 Exchange

Rating Overview

Alloy is Medium Risk.

Alloy is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Alloy occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria	Risk Level
Cancellations	Lower Risk
Discriminatory Philanthropy	High Risk
Employment Protection	Medium Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	High Risk
Funding	High Risk
Political Actions	No Data

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:

Alloy 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:

High

Rationale:

Alloy will not match employee donations to “any organizations with pro-life causes” (1). Alloy does not publish charitable giving guidelines (2)(3).

Criteria:

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

Risk Level:

Medium

Rationale:

Alloy does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

High

Rationale:

Alloy supports abortion within its business practices. From an Alloy 2022 blog post: “As reproductive rights come under fire through our government, the leadership team at Alloy finds it essential that we take a more explicit stance in favor of reproductive rights and offer our employees more comprehensive guidelines on supporting their reproductive health moving forward” (1). Alloy supports DEI within its business practices, employing a DEI Committee (2). Alloy supports LGBTQ within its business practices. From its 2023 blog post: “Alloy believes that pride takes place beyond just the month of June. It is something that we strive to honor all year round because LGBTQ+ community members exist every day” (3).

Criteria:

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

Risk Level:

High

Rationale:

Alloy provides a benefits package for employees that covers travel costs and medical expenses for an abortion. It also funds up to 50% of legal costs for abortion lawsuits. Alloy also annually matches employee donations up to $200 toward pro-abortion groups including Planned Parenthood, The Center for Reproductive Rights, and the National Abortion Federation. Alloy’s policy explicitly forbids matching donations to any “organizations with pro-life causes” (1). Alloy encourages its employees to donate to a variety of LGBTQ+ organizations, including The Trevor Project and GLSEN (2). The company is a sponsor of Out in Tech, an LGBTQ-focused nonprofit that advances DEI-style inclusion initiatives that aim to increase LGBTQ+ representation in the technology industry through recruiting, workforce development and networking initiatives. The organization partners with corporations to advance LGBTQ+ inclusion initiatives and integrate LGBTQ+ representation goals into talent development and employee engagement strategies (3)(4)(5)(6). In 2022, Alloy donated $45,900 to the Equal Justice Initiative (7). Otherwise, there are no publicly known cases of Alloy using corporate funds to advance ideological causes, organizations, or policies (8).