Crescent Capital Group - 1792 Exchange

Rating Overview

Crescent Capital Group is Medium Risk.

Crescent Capital Group is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. Crescent Capital Group implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. The company 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	No Data
Employment Protection	High Risk

Corporate Weaponization ⓘ

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

Medium

Rationale:

Crescent Capital Group is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (1)(2). The company integrates ESG into its business practices, tying ESG factors into its investment decisions. “At Crescent Capital Group (“Crescent”), responsible investing and integrating Environmental, Social and Governance (“ESG”) factors into our investment process remains at the forefront of our efforts” (3). However, Crescent Capital Group has not canceled customers, suppliers, or vendors based on political views or religious beliefs (4).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

N/A

Rationale:

Crescent Capital Group does not publish charitable giving guidelines. The company’s charitable giving focus areas are Verbum Dei Corporate Work Study Program and Best Buddies (1).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

High

Rationale:

Crescent Capital Group offers DEI training to its employees (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:

Medium

Rationale:

Crescent Capital Group is a signatory to the CFA Institute’s Diversity, Equity, and Inclusion Code, indicating its support of DEI in its recruitment, hiring, onboarding, and promotions. Furthermore, the company pledges to integrate DEI into its policies, promote DEI in the investment industry, and provide regular reporting on its DEI metrics to the CFA Institute (1)(2)(3). The company supports DEI within its business practices. From its Commitment to Diversity, Equity, and Inclusion: “Demonstrating a commitment to diversity, equity, and inclusion (DE&I) has always been important to Crescent” (4).

Criteria:

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

Risk Level:

Medium

Rationale:

Crescent Capital Group is a partner of Out Investors, “a global network for LGBT+ investment professionals in private equity and direct investing” (1). The company offers LGBTQ benefits to its employees. From its Commitment to Diversity, Equity, and Inclusion page: “Crescent introduced a new fertility benefit, Stork Club, as part of our 2021 benefits package which includes coverage for LGBTQ employees as well as support for working parents” (2). Otherwise, there are no publicly known cases of Crescent Capital Group 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:

N/A

Rationale:

Crescent Capital Group does not operate a PAC or report on its lobbying at this time (1)(2)(3).