Constellation Brands - 1792 Exchange

Rating Overview

Constellation Brands is Lower Risk.

Constellation Brands 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. Constellation Brands 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	Medium Risk

Corporate Weaponization ⓘ

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

Constellation Brands 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:

Constellation Brands does not 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:

Medium

Rationale:

Constellation Brands had a history of divisive corporate policies including divisive trainings and supply chain discrimination. However, in April 2025, the company pledged to shift its policies and practices away from stakeholder capitalism and back toward neutral. Constellation Brands pledged to end DEI in its supply chain and DEI in the brand (1)(2)(3)(4). Constellation Brands does not provide viewpoint protections for its employees (5)(6).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

Lower

Rationale:

Constellation Brands had a history of divisive corporate policies and practices. However, in April 2025, the company pledged to shift its policies and practices away from stakeholder capitalism and back toward neutral. Constellation Brands pledged to stop filling out the so-called Corporate Equality Index, end use of the brand to promote DEI, no longer use the term Latinx, focus on growing its small business supplier base, and provide guidance to employees on not injecting personal activism while representing the company brand (1)(2)(3)(4).

Criteria:

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

Risk Level:

Medium

Rationale:

Constellation Brands sponsored the Unity Pride Parade in 2025 (1). Corona Premier, a subsidiary of Constellation Brands, sponsored WorldPride 2025 (2). Otherwise, there are no publicly known cases of Constellation using corporate funds to advance ideological causes, organizations, or policies (3).

Criteria:

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

Risk Level:

Lower

Rationale:

Constellation Brands had a history of using its political action to promote divisive causes. However, in April 2025, the company pledged to no longer engage in lobbying for legislation that isn’t core to their business (1)(2)(3). Constellation Brands has not used its PAC donations or lobbying for ideological purposes (4)(5)(6).