CleanSpark, Inc.

Industries Diversified Financials

Rating Overview

Risk Rating: Lower

CleanSpark, Inc. is Lower Risk.

CleanSpark, Inc. 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 implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Overall, the company 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 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:

Lower

Rationale:

CleanSpark 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:

CleanSpark 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:

CleanSpark appears to prioritize diversity over merit in its hiring. From its DEI Statement: “CleanSpark locates in communities with economic development needs; often these areas feature strong minority communities… we hire diverse employees and support the development of [these] communities that have been impacted by historical injustices” (1). The company 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:

High

Rationale:

CleanSpark supports DEI within its business practices. From its Diversity, Equity, and Inclusion Statement: “We seek to replicate crypto’s broader goals of financial inclusion by removing barriers to success in the bitcoin mining industry through Diversity, Equity, and Inclusion practices” (1). The company supports ESG within its business practices. From its ESG Portal: “Our ESG commitments are a natural extension of our core values” (2).

Criteria:

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

Risk Level:

Lower

Rationale:

CleanSpark 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:

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