Continental Resources, Inc.
The biggest 1000 U.S. companies by revenue according to form 10-K.
Rating Overview
Rating Criteria
Rating Criteria Detail
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:
MediumRationale:
Continental Resources integrates ESG into its business practices. From its 2021 ESG Report: “Executive and employee compensation are directly tied to our success in meeting these objectives. In 2021 and 2022, 10% of the Board approved Bonus Plan is based on Company performance with respect to GHG emissions (via flaring/TIG intensity)” (1). However, Continental Resources has not canceled customers, suppliers, or vendors based on political views or religious beliefs (2)(3).
Criteria:
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Risk Level:
LowerRationale:
Continental Resources 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:
HighRationale:
Continental Resources appears to prioritize diversity over merit in its recruitment and hiring. From its Diversity and Inclusion page: “We have engaged external training resources for our entire workforce, including interview training for hiring managers focused on ensuring a fair and systematic approach for recruiting and selecting individuals from diverse backgrounds for competitive job openings” (1). Continental Resources does not provide viewpoint protections for its employees (2).
Corporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
HighRationale:
Continental Resources supports ESG within its business practices. From its ESG Reporting Approach page: The company’s “ESG program has been a major contributor to the long-term success of the company” (1). Continental Resources supports DEI within its business practices, hosting a DEI Committee (2).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
High