Endeavor Group Holdings, Inc.

Rating Overview

Endeavor Group Holdings, Inc. is Medium Risk.

Endeavor Group Holdings 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. Endeavor Group 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	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:

Endeavor Group promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation and gender identity in their nondiscrimination policy (1). However, it has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (2).

Criteria:

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

Risk Level:

High

Rationale:

Endeavor Group Holdings likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (1)(2)(3).

Criteria:

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

Risk Level:

High

Rationale:

Endeavor Group Holdings does not provide viewpoint protections for its employees (1). The company also partnered with GLSEN to host LGBTQ and DEI training (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:

Endeavor Group Holdings has hosted allyship and antiracism conversations. The company has also attended the Nashville Proud Steps event which highlights the LGBTQ community. The CEO of Endeavor Group Holdings hosted a dinner roundtable discussing best practices for diversity and inclusion. The company also works with Naomi Osaka who supports the Black Lives Matter movement and uses her name to stand against police brutality (1). Endeavor’s CEO Ari Emanuel signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace, strategize on DEI programs/initiatives with other signatories, and engage boards of directors when developing and evaluating DEI strategies (2)(3).

Criteria:

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

Risk Level:

High

Rationale:

Endeavor Group Holdings partners with Stonewall UK to implement inclusive policies, programs, and campaigns that best support our LGBTQ+ employees and partners. Endeavor Group Holdings also partnered with the Frieze Impact Prize which exposes racially biased perceptions and awards an artist whose work contributes to end mass incarceration (1). Endeavor is a corporate partner of the NGLCC (2). The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race (3)(4). Otherwise, there are no publicly known cases of Endeavor using corporate funds to advance ideological causes, organizations, or policies (5).

Criteria:

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

Risk Level:

Lower

Rationale:

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