Cavco Industries - 1792 Exchange

Rating Overview

Cavco Industries is Medium Risk.

Cavco Industries, Inc. 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	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	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:

Cavco integrates ESG into its business practices. From its Corporate Responsibility Webpage: “At Cavco, we are focused on long-term value creation, and our core belief is that in the long-term the interests are aligned of stakeholders focused on value creation and those focused on our environmental, social and governance (“ESG”) efforts. Therefore, our business and our ESG efforts are inseparable and not managed separately” (1). Cavco Industries has not publicly 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:

N/A

Rationale:

Cavco 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:

Cavco appears to prioritize diversity over merit in its leadership composition. From its Employee Engagement, Culture, & Oppertunity Statement: “The Committee considers diversity in perspectives, backgrounds, business experiences, professional expertise, and personal backgrounds during the evaluation” (1). Cavco Industries does not provide viewpoint protections for its employees (2)(3).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

Medium

Rationale:

Cavco supports ESG within its business practices. From its Corporate Responsibility webpage: “At Cavco, we are focused on long-term value creation, and our core belief is that in the long-term the interests are aligned of stakeholders focused on value creation and those focused on our environmental, social and governance (“ESG”) efforts. Therefore, our business and our ESG efforts are inseparable and not managed separately” (1). Otherwise, Cavco 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:

Cavco Industries 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:

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