H.B. Fuller - 1792 Exchange

Rating Overview

H.B. Fuller is Lower Risk.

H.B. Fuller 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. H.B. Fuller 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	Medium Risk

Corporate Weaponization ⓘ

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

H.B. Fuller 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:

Lower

Rationale:

H.B. Fuller does not discriminate against charitable organizations based on views or beliefs. However, it will only give to religious organizations that provide non-sectarian services (1)(2).

Criteria:

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

Risk Level:

Medium

Rationale:

H.B. Fuller does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

High

Rationale:

H.B. Fuller supports DEI and ESG within its business practices. From its 2022 Sustainability report: “H.B. Fuller’s commitment to diversity and inclusion is
essential to accessing talent and unleashing gamechanging innovation,” and “Our environmental, social and governance (ESG) programs are a source of competitive advantage that is increasingly embedded
in everything we do” (1). After mass protests against federal immigration enforcement and fatal shootings in Minnesota, H.B. Fuller’s CEO Celeste Mastin signed an open letter calling for the immediate de-escalation of violence and for state, local, and federal authorities to work together to restore peace in Minnesota (2). Otherwise, there are no publicly known cases of H.B. Fuller 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:

H.B. Fuller donated $125,000 to organizations with the goal of advancing racial equity (1). Otherwise, there are no publicly known cases of H.B. Fuller 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:

N/A

Rationale:

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