Century Aluminum - 1792 Exchange

Rating Overview

Century Aluminum is Medium Risk.

Century Aluminum is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. Century Aluminum 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	High Risk
Funding	Lower 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:

Medium

Rationale:

Century Aluminum integrates ESG into its business practices. From its 2024 Sustainability Report: “During the process of integrating Jamalco into
Century Aluminum, one of our major focus areas has
been incorporating Jamalco’s ESG practices into our
governance framework” (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:

N/A

Rationale:

Century Aluminum 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:

Century Aluminum appears to prioritize diversity over merit in its leadership composition. From its 2022 ESG Factsheet: “The board is committed to board diversity,
including through the inclusion of the
“Rooney Rule” in our Governance and
Nominating Committee Charter” (1). The company is an affirmative action employer. “This position has the responsibility to support and carry out the Company’s policy on Equal Employment Opportunity/Affirmative Action” (2)(3). Century Aluminum does not provide viewpoint protections for its employees (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:

Century Aluminum supports DEI within its business practices. From its 2023 Sustainability Report: “As part of our long-term goals, we have been improving how
we track and monitor diversity, equity, and inclusion (DEI)
across Century. By measuring the performance of our initiatives, we will be better able to recognize successful programs
and opportunities for improvement” (1). The company supports ESG within its business practices. From its 2024 Sustainability Report: “Developing a single approach to ESG:
We take a unified, collective approach to ESG policies and
practices. We are streamlining sustainability processes,
implementing best practices, and driving continuous
improvement through shared learning” (2). Century Aluminum has a history of divisive corporate policies and practices. However, in 2025, the company removed DEI language from its 2024 Sustainability Report. To date, the company has not publicly addressed this change, leaving shareholders without clarity regarding the company’s reasoning or future direction (3). The company pledged to invest $50 Million into Aluminum manufacturing (4)(5).