Global Net Lease

Industries Semiconductors and Semiconductor Equipment

Rating Overview

Risk Rating: Lower

Global Net Lease is Lower Risk.

Global Net Lease is Lower Risk. The company does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. The company does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Lower Risk
Discriminatory Philanthropy No Data
Employment Protection High Risk

Corporate Weaponization

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

Lower

Rationale:

Global Net Lease has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

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:

Global Net Lease does not publish charitable giving guidelines (1).

Criteria:

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

Risk Level:

High

Rationale:

In August 2026, Modiv Industrial was acquired by Global Net Lease. Prior to the acquisition, Modiv Industrial had a history of prioritizing diversity over merit in its leadership composition. From its Corporate Governance Guidelines: “The Nominating and Corporate Governance Committee and the Board will consider the impact of diverse backgrounds and experiences of potential nominees on the effectiveness and quality of the Board. As part of its annual review process, the Nominating and Corporate Governance Committee will review its own effectiveness in recommending director nominees with diverse backgrounds and experiences relative to any perceived needs in the composition of the Board” (1). It is unclear whether these causes or policies were retained, modified, or discontinued by Global Net Lease (2)(3). Global Net Lease does not provide viewpoint protections for its employees (4).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Global Net Lease has not supported ideological causes or policies (1).

Criteria:

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

Risk Level:

Lower

Rationale:

Global Net Lease 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:

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