Grail - 1792 Exchange

Rating Overview

Grail is Medium Risk.

Grail 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	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:

Grail integrates ESG into its business practices. From its Environmental, Social and Governance page: “We recognize the importance of integrating ESG efforts into our operations and decision-making processes to create value for all stakeholders” (1). The company 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:

Lower

Rationale:

Grail 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:

Grail offers unconscious bias and DEI training to its employees (1). The company appears to prioritize diversity over merit in its recruitment. From its Corporate Governance Guidelines: The Nominating and Corporate Governance Committee considers “The candidate’s diversity of background and perspective, including, but not limited to, with respect to age, gender, race, and specialized experience” (2). It does not provide viewpoint protections for its employees (3)(4).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

High

Rationale:

Grail supports DEI within its business practices, employing a DEI Director (1)(2). The company supports DEI within its business practices. From its Environmental, Social and Goverance page: “Our commitment to DEI is evident in our clinical trial representation efforts, charitable donations, and corporate-level volunteering opportunities.” The company supports ESG within its business practices: “we are further committed to driving positive impact through our Environmental, Social, and Governance (ESG) initiatives” (3).

Criteria:

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

Risk Level:

High

Rationale:

Grail provides a benefits package for employees that covers travel/lodging costs for an abortion (1). The company provides a benefits package for employees that covers transgender medical procedures for covered employees and dependents, including children (2). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (3).

Criteria:

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

Risk Level:

Lower

Rationale:

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