Elbit Systems - 1792 Exchange

Rating Overview

Elbit Systems is Medium Risk.

Elbit Systems Ltd. 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	Lower 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	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:

Elbit Systems integrates ESG into its business practices. From its 2024 ESG Report: “We view corporate responsibility as a journey, and we are
committed to further integrating ESG principles across all areas of our activity in the coming years” (1). The company promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation in their nondiscrimination policy (2). However, Elbit Systems 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:

Lower

Rationale:

Elbit Systems does not appear to discriminate against charitable organizations based on views or beliefs (1)(2).

Criteria:

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

Risk Level:

High

Rationale:

Elbit Systems requires its executives to take diversity training (1). The company appears to prioritize diversity over merit in its business structure through the establishment of gender and racial targets for its recruitment, hiring and supply chain. The company is seeking to “Ensure that 26% of employees are women” and “Achieve 50% increase in volume of business with minority-owned companies” (2). Elbit Systems protects its employees against viewpoint discrimination (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:

Elbit Systems supports ESG within its business practices. From its 2024 ESG Report: “As a company committed
to being a global leader in innovative, technology-based
systems for a wide range of defense and civilian applications,
we see the pursuit of excellence in environmental, social,
and governance (ESG) aspects as an essential part of our
business model” (1). Otherwise, the company has not supported ideological causes or policies (2).

Criteria:

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

Risk Level:

Lower

Rationale:

Elbit Systems 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:

Lower

Rationale:

Elbit Systems has not used its PAC donations or lobbying for ideological purposes (1)(2)(3).