Beehive - 1792 Exchange

Rating Overview

Beehive is Medium Risk.

Beehive is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. The company 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	Lower Risk
Employment Protection	High 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:

Beehive 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:

Lower

Rationale:

Beehive does not appear to discriminate against charitable organizations based on views or beliefs (1).

Criteria:

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

Risk Level:

High

Rationale:

Beehive offers social justice, diversity, equity and inclusion training to its employees (1). The company appears to prioritize diversity over merit in its recruitment and hiring. From its Social Impact Report: Beehive plans to “evaluate how effective our internship program is at recruiting students of color and implement necessary changes” (2). The company appears to prioritize diversity in its supply chain. From its 2023 annual report: “To promote diversity within our supply chain, we track diversity of ownership among our suppliers, have a policy to give preference to suppliers with ownership from underrepresented populations, and have a formal program to purchase and provide support to suppliers with diverse ownership.” (3). The company does not publish a viewpoint nondiscrimination policy (4).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

High

Rationale:

Beehive supports DEI within its business practices, hosting a DEI Consultant to review all company policies (1). Also, the company distributes 1619 curriculum to employees and a local high school, purchasing Anti-Racism Daily corporate subscription for all employees, and assigning all employees So You Want to Talk About Race by Ijeoma Oluo (2)(3). The company’s CEO Lisa Hannum denounced various states’ legislative efforts to protect election integrity and security (4).

Criteria:

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

Risk Level:

High

Rationale:

Beehive partners has funded the Human Rights Campaign, the Voto Latino Foundation, and the Diversity Action Alliance (1)(2). The company also “Made financial donations to: Moon Bay and Monterey Park shooting victims, 28 Days of Black History newsletter, The BrandLab (quarterly), Minnesota Indigenous Business Alliance, The Trevor Project and Brennan Center for Justice” (3). Otherwise, there are no publicly known cases of Beehive using corporate funds to advance ideological causes, organizations, or policies (4).

Criteria:

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

Risk Level:

N/A

Rationale:

Beehive does not operate a PAC or engage in lobbying at this time (1)(2)(3).