Fortrea Holdings - 1792 Exchange

Rating Overview

Fortrea Holdings is Medium Risk.

Fortrea Holdings Inc. is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. Fortrea 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	High 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:

Fortrea integrates DEI into its supply chain. From its Supplier Code of Conduct: Suppliers are expected to “exercis[e] diversity when selecting subcontractors” (1). However, the company has not 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:

Lower

Rationale:

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

Criteria:

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

Risk Level:

High

Rationale:

Fortrea offers unconscious bias training to its employees (1). The company is an affirmative action employer. “As an EOE/AA employer, Fortrea strives for diversity and inclusion in the workforce” (2). Fortrea 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:

High

Rationale:

Fortrea’s CEO Tom Pike 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 (1)(2). The company partners with the United Nations Global Compact and is committed to the UN Sustainable Development Goals in their core business management (3)(4). Fortrea supports DEI within its business practices, hosting a DEI People Advisory Committee (5). The company supports DEI within its business practices. From its 2024 CSR Report: “At Fortrea, we holistically embrace the principles of diversity, equity and inclusion in our organizational beliefs, and we work to embed them into all aspects of our culture” (6). Fortrea supports ESG within its business practices. From its 2024 CSR Report: “Good practices in ESG are fundamentally aligned with our purpose” (7).

Criteria:

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

Risk Level:

Lower

Rationale:

Fortrea 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:

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