Groupe SEB - 1792 Exchange

Rating Overview

Groupe SEB is Lower Risk.

Groupe SEB 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 implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Overall, 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	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:

Lower

Rationale:

Groupe SEB has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1)(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:

Groupe SEB does not appear to discriminate against charitable organizations based on views or beliefs. The company’s charitable giving focus areas are “projects aimed at social reinsertion” (1).

Criteria:

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

Risk Level:

High

Rationale:

Groupe SEB is signatory of the Diversity Charter in France since 2005, we have implemented numerous initiatives to reinforce this policy at our sites and to raise employee awareness on this topic. In France, Human Resources teams were trained in 2022 on stereotypes, diversity, and gender equality(1). Groupe SEB does not provide viewpoint protections for its employees (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:

Group SEB supports DEI within its business practices. From its Code of Ethics: “Respect for people and the integration of their differences and diversity have
been made a part of our Values and Management Practices. ” (#) Groupe SEB supports ESG within its business practices. From its webpage: “Building on the progress made in these various areas, in 2018 the Group went a step further, defining a strategy that takes into account environmental and societal challenges and sets goals for its activities and business lines to act in a responsible and ethical manner throughout the value chain. This ambition, expressed in the signature “Act for sustainable livings”, is based on four pillars that relate to the quantitative objectives set by Building on the progress made in these various areas, in 2018 the Group went a step further, defi ning a strategy that takes into account environmental and societal challenges and sets goals for its activities and business lines to act in a responsible and ethical manner throughout the value chain. This ambition, expressed in the signature “Act for sustainable livings”, is based on four pillars that relate to the quantitative objectives set by the Group for 2023” (2) The company supports ESG within its business practices. From its webpage: “ The company aligns its environmental targets with scientific frameworks, pursuing greenhouse gas reductions and working toward long-term carbon neutrality goals.” (3) Otherwise, Groupe SEB has not supported ideological causes or policies (4).

Criteria:

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

Risk Level:

Lower

Rationale:

Groupe SEB 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:

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