Cooper-Standard Holdings 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:
Cooper-Standard Holdings integrates ESG into its business practices. From its Supplier Code of Conduct: “Suppliers shall manage, measure and minimize the environmental impact of their facilities and demonstrate continuous improvement in areas such as air emissions; waste reduction, recycling, recovery and management; water use and disposal; energy usage; and greenhouse gas emissions and put in place measures that drive forward the decarbonisation of the entire value chain” (1). From its 2022 Corporate Responsibility Report: “Integrate select ESG goals and milestones into executive compensation plans” (2). However, Cooper-Standard Holdings has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (3).
Criteria:
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Risk Level:
LowerRationale:
Cooper-Standard Holdings does not appear to discriminate against charitable organizations based on views or beliefs. Cooper-Standard Holdings’ charitable giving focus areas are “children’s charities, education, health and wellness and community revitalization” (1).
Criteria:
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
Risk Level:
HighRationale:
Cooper-Standard Holdings requires its employees to take unconscious bias training (1). Cooper-Standard appears to prioritize diversity over merit in its recruitment, hiring, and leadership composition. From its 2022 Corporate Responsibility Report: The company seeks “[to create] a recruiting culture that attracts a diverse talent pool and hires the right person for the right job” and details its “Corporate Governance Guidelines [to require] that the potential pool of Board candidates reflects diversity in gender, race, ethnic background, country of citizenship and professional experience” (2). Cooper-Standard Holdings does not provide viewpoint protections for its employees (3).
Corporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
HighRationale:
Cooper-Standard supports DEI within its business practices. From its 2022 Corporate Responsibility Report: “At Cooper Standard, we believe in our Core Value Diversity Makes Us Stronger, and we are committed to maintaining a culture that supports and promotes Diversity, Inclusion and Belonging (DIB)” (1). Cooper-Standard supports ESG within its business practices. From its 2022 Corporate Responsibility Report: “It ensures the integration of ESG risks and opportunities into the Company’s longterm strategy and enterprise risk management, and delegates certain ESG oversight responsibilities to its committees” (2).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
Cooper-Standard Holdings has not used corporate funds to advance ideological causes, organizations, or policies (1).