Hilton Grand Vacations - 1792 Exchange

Rating Overview

Hilton Grand Vacations is Medium Risk.

HGV 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	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:

HGV integrates ESG into its business practices, tying executive compensation to ESG metrics. From its 2023 Proxy Statement: primary individual performance goals for some NEOs include “continu[ing] to develop HGV’s ESG Strategy and Long-Term Vision” (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:

HGV does not 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:

HGV offers diversity and inclusion training to its employees (1). The company appears to prioritize diversity over merit in its supply chain. From its Human Rights Policy: “We maintain a Supplier Diversity Program for our U.S. suppliers and, where appropriate for the goods and services involved, every effort is made to include at least one qualified woman and minority business enterprise supplier if identified in the bidding process” (2). The company does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

High

Rationale:

HGV supports ESG within its business practices. From its 2023 ESG Report: “we view ESG as a collective, strategic, long-term endeavor that aligns with our efforts to establish comprehensive efforts over time” (1). The company supports DEI within its business practices. From its 2022 ESG Report: “At Hilton Grand Vacations, inclusion, diversity, equity, and belonging are at the core of who we are. Our commitment to these principles is unyielding – across all business areas and our global footprint” (2). The company was a jade partner of the 2025 ROMBA Conference, an annual LGBTQ+ professional and recruiting conference for students, business professionals, corporations, and business schools. The conference emphasizes identity-based networking and recruiting over merit and professional qualifications, reflecting the influence of DEI activism in corporate and academic settings (3)(4)(5)(6) The company is a partner of the 2026 ROMBA Conference, an annual LGBTQ+ professional and recruiting conference for students, business professionals, corporations, and business schools. The conference emphasizes identity-based networking and recruiting over merit and professional qualifications, reflecting the influence of DEI activism in corporate and academic settings (7)(8)(9)(10).