Greif - 1792 Exchange

Rating Overview

Greif is Medium Risk.

Greif 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. Greif 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	Medium Risk
Employment Protection	High Risk

Corporate Weaponization ⓘ

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

Greif promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation in their nondiscrimination policy. Greif integrates ESG into its business practices. It requires its members to include sustainability policies (1). However, Greif 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:

Medium

Rationale:

Greif’s charitable giving guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation, thereby excluding some religious charities (1)(2)(3). Greif’s charitable giving focus areas are “education, health, and social services” (4).

Criteria:

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

Risk Level:

High

Rationale:

Greif offers unconscious bias training to its leadership and employees. The company appears to prioritize diversity over merit in its recruitment, “We have strategically prioritized diversity, equity and inclusion as a key focus area for our talent attraction and retention initiatives” (1). Greif does not provide viewpoint protections for its employees (2)(3)(4).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

Medium

Rationale:

Greif supports DEI within its business practices, employing a DEI Committee. In October 2023, Greif launched a Diversity Month (1). Grief supports DEI within its business practices. From its Diversity, Equity, and Inclusion page: “Greif recognizes diversity, equity and inclusion as foundational to our operations” (2). Otherwise, there are no publicly known cases of Greif using its reputation to advance ideological causes or policies (3).

Criteria:

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

Risk Level:

Medium

Rationale:

Greif funds the Trevor Project, a controversial organization promoting LGBTQ issues (1). Otherwise, there are no publicly known cases of Greif using corporate funds to advance ideological causes, organizations, or policies (2).

Criteria:

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

Risk Level:

Lower

Rationale:

Greif does not operate a PAC and has not used its lobbying for ideological purposes (1)(2)(3).