Hanmi Financial Corporation

Rating Overview

Hanmi Financial Corporation is Medium Risk.

Hanmi Financial Corporation is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. Hanmi Financial Corporation 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	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:

Medium

Rationale:

Hanmi Financial Corporation integrates ESG into its business practices. From its 2023 ESG Report: “A cross-functional group of directors and management is focused on developing, implementing and monitoring our ESG journey” (1). However, the company 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:

Lower

Rationale:

Hanmi Financial Corporation does not appear to discriminate against charitable organizations based on views or beliefs (1). It’s charitable giving focus areas are “Youth, Education, Health, Senior, and Community Development” (2).

Criteria:

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

Risk Level:

High

Rationale:

Hanmi Financial Corporation appears to prioritize diversity over merit in its leadership composition. From its 2024 10-K: “The California Corporations Code requires all public companies (defined as companies with outstanding shares listed on a major United States stock exchange) that are headquartered in California to have at least three female directors (assuming a board size of at least six directors) and at least three directors from an underrepresented community, defined as “an individual who self identifies as Black, African American, Hispanic, Latino, Asian, Pacific Islander, Native American, Native Hawaiian, or Alaska Native, or who self identifies as gay, lesbian, bisexual, or transgender” (assuming the board size of at least nine directors)” (1). The company 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:

Hanmi Financial Corporation supports ESG within its business practices. From its 2023 ESG Report: “This report does not purport to be comprehensive but reflects our continued desire to provide transparency into our efforts around environmental, social and governance (“ESG”) issues” (1). The company supports DEI within its business practices. From its 2025 Corporate Sustainability Code: “ we believe giving back to the community and supporting a strong, diverse workforce allows us to positively impact the local economy in the long term” (2). Otherwise, Hanmi Financial Corporation has not supported ideological causes or policies (3).

Criteria:

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

Risk Level:

Lower

Rationale:

Hanmi Financial Corporation 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:

Hanmi Financial Corporation does not operate a PAC or engage in lobbying at this time (1)(2)(3).