Berkshire Hathaway

Industries Diversified Financials
Subsidiaries Alleghany Corporation, Dairy Queen, Brooks Running, GEICO, BNSF, HomeServices of America, Helzburg Diamonds, TTI Inc. (Techtronic Industries), Kraft Heinz, Duracell, Business Wire, Berkshire Hathaway Energy, Jazwares, McLane Company, Berkshire Hathaway Energy, MidAmerican Energy Company, Benjamin Moore Paints, Orange Julius, Pampered Chef, The Fruit of the Loom, Oriental Trading Company, Lubrizol Corporation, FlightSafety International
Activism

The biggest 1000 U.S. companies by revenue according to form 10-K.

Companies who are members of the OneTen Coalition, appearing to prioritize diversity over merit in their business practices

OneTen Coalition

Rating Overview

Risk Rating: Lower

Berkshire Hathaway is Lower Risk.

Berkshire Hathaway 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 elevates merit, excellence, and integrity ahead of race and identity-based policies. Berkshire Hathaway 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 Medium Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Lower Risk
Funding High 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:

Berkshire Hathaway 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:

Berkshire Hathaway does not publish charitable giving guidelines at this time (1).

Criteria:

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

Risk Level:

Medium

Rationale:

Berkshire Hathaway does not publish a nondiscrimination policy (1).

Corporate Governance and Public Policy


Criteria:

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

Risk Level:

Lower

Rationale:

When pressed to disclose its climate and diversity and inclusion efforts, Berkshire Hathaway stated that it stays out of political causes in business. Mr. Buffet said, “We do some other asinine things because we’re required to do it, so we’ll do whatever’s required,” Buffett said. “But to have the people at Business Wire, Dairy Queen … make some common report, … we don’t do that stuff at Berkshire” (1). Mr. Buffett signed an open letter opposing any discriminatory legislation that restricts ballot access, but he only signed on behalf of himself and not the company (2). Berkshire Hathaway has withstood significant shareholder activist pressure to undertake ESG goals (3). Berkshire Hathaway sponsored Pride in the Valley in 2025 (4).

Criteria:

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

Risk Level:

High

Rationale:

Berkshire Hathaway Energy is a corporate partner of the National LGBT Chamber of Commerce (1). The company is a coalition member of OneTen, appearing to prioritize diversity over merit in its hiring (2)(3)(4). Otherwise, there are no publicly known cases of Berkshire Hathaway using corporate funds to advance ideological causes, organizations, or policies (5).

Criteria:

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

Risk Level:

Lower

Rationale:

Berkshire Hathaway has not used its PAC donations or lobbying for ideological purposes (1)(2)(3).

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