Continental Resources, Inc.

Industries Energy
Activism

The biggest 1000 U.S. companies by revenue according to form 10-K.

Rating Overview

Risk Rating: Medium

Continental Resources, Inc. is Medium Risk.

Continental Resources 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. Continental Resources 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 Lower Risk
Employment Protection High Risk

Corporate Weaponization

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

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:

Lower

Rationale:

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:

High

Rationale:

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:

High

Rationale:

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

Rationale:

Continental Resources has supported the National Urban League and the YWCA of Greater Oklahoma City (1) Otherwise, there are no publicly known cases of Continental Resources using corporate funds to advance ideological causes, organizations, or policies (2).

Criteria:

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

Risk Level:

Lower

Rationale:

Continental Resources has not used its PAC donations for ideological purposes and does not engage in lobbying at this time (1)(2)(3).