Bouygues - 1792 Exchange

Rating Overview

Bouygues is Medium Risk.

Bouygues 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	Medium 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	Lower 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:

Medium

Rationale:

Bouygues integrates ESG into its business practices. From its 2022 CSR Charter for Suppliers and Subcontractors: “The Supplier will apply a policy to reduce its negative impact on the environment and take measures to protect the climate and environment, both in terms of its products and its management system, especially regarding the reduction of greenhouse gas emissions” (1). However, the company has not canceled customers, suppliers, or vendors based on political views or religious beliefs (2).

Criteria:

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

Risk Level:

Lower

Rationale:

Bouygues 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:

Bouygues appears to prioritize diversity over merit in its hiring. From its 2024 Integrated Report: “It embraces diversity in its hiring processes, seeing it as a source of creativity and innovation, and takes a zero-tolerance approach to all forms of discrimination” (1). The company appears to prioritize diversity over merit in its leadership composition. From its 2022 Corporate Governance Report: “In accordance with the Afep-Medef Code, the Board periodically reassesses the preferred balance of its membership and of its committees, especially as regards diversity (gender balance, international experience, expertise, etc.)” (2). The company appears to prioritize diversity over merit in its business structure through the establishment of gender targets for its leadership composition. The company is seeking “20% of managerial positions to be held by women by 2026” (3). The company protects its employees against viewpoint discrimination (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:

Bouygues is aligned with the Paris Agreement, which entails a commitment to net zero carbon emissions by 2050 (1). The company is committed to net zero carbon emissions by 2050 (2). The company supports DEI within its business practices. From its 2024 Integrated Report: “It is also the Group’s firm belief that diversity is a source of innovation and creativity and a strategic asset for the company” (3). The company supports ESG within its business practices. From its Our Sustainable Commitments page: “At the heart of our operations lies an unwavering commitment to Environment, Social and Governance (ESG), shaping every facet of how we conduct business” (4).

Criteria:

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

Risk Level:

Lower

Rationale:

Bouygues 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:

N/A

Rationale:

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