Diversified Healthcare Trust

Rating Overview

Diversified Healthcare Trust is Medium Risk.

Diversified Healthcare Trust 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. 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	High Risk
Employment Protection	High Risk

Corporate Weaponization ⓘ

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

Diversified Healthcare Trust integrates ESG into its business practices by vetting suppliers for emissions. From its Business Partners’ Code of Conduct: Suppliers must “strive to protect the communities and environment that surround Business Partners and to minimize Business Partner’s impact on the environment (including but not limited to greenhouse gas emissions, water discharge, toxic substances and hazardous waste disposal)” (1). The company integrates DEI into its supply chain. From its Business Partners’ Code of Conduct: Suppliers must “encourage diversity in all levels of workforce and leadership, including boards of directors” (2). However, the company has not 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:

High

Rationale:

Diversified Healthcare Trust’s charitable giving guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender identity, thereby excluding some religious charities (1). Diversified Healthcare Trust will not give to “religious organizations or organizations that discriminate on the basis of race, color, ethnicity, creed, religion, gender, gender identity and/or expression, national origin, citizenship, ancestry, sexual orientation, age, pregnancy, disability or political affiliation” (1).

Criteria:

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

Risk Level:

High

Rationale:

Diversified Healthcare Trust appears to prioritize diversity over merit in its recruitment and hiring process. From its 2025 Proxy Statement: “RMR [the company’s parent company] has made diversity and inclusion an important part of its hiring, retention and development programs” (1). The company 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:

Medium

Rationale:

Diversified Healthcare Trust is committed to net zero emissions in properties managed by RMR by 2050 (1). The company supports DEI within its business practices. From its 2025 Proxy Report: “RMR is committed to equality and fostering a culture of diversity and inclusion” (2). Otherwise, Diversified Healthcare Trust has not supported ideological causes or policies (3).

Criteria:

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

Risk Level:

Lower

Rationale:

Diversified Healthcare Trust has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria:

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

Risk Level:

N/A

Rationale:

Diversified Healthcare Trust does not operate a PAC or engage in lobbying at this time (1)(2)(3).