Infineon Technologies (Cypress Semiconductor Corporation)

Rating Overview

Infineon Technologies (Cypress Semiconductor Corporation) is Medium Risk.

Infineon Technologies 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. Infineon Technologies 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	Lower Risk

Corporate Weaponization ⓘ

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

Infineon Technologies integrates ESG into its business practices. From its Supplier Code of Conduct: “Our suppliers shall strive to reduce their own carbon footprint, examine, track, and document all relevant greenhouse gas emissions and strive for energy efficiency” (1). Infineon Technologies promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation and gender identity in their nondiscrimination policy (2). However, Infineon Technologies has not canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

Infineon Technologies does not discriminate against charitable organizations based on views or beliefs. Its charitable giving focus areas are “Environmental Sustainability, Local Social Needs, Education for Future Generations and Responding to Natural and Humanitarian Disasters” (1).

Criteria:

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

Risk Level:

Lower

Rationale:

Infineon Technologies protects its employees against viewpoint discrimination (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:

Infineon Technologies has partnered with Sticks & Stones, an LGBTQ career fair (1). Infineon Technologies has participated in public LGBTQ Pride celebrations (2). Infineon Technologies is committed to carbon neutrality by 2030 (3).

Criteria:

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

Risk Level:

Medium

Rationale:

Infineon Technologies has partnered with PROUT EMPLOYER, a leading German think tank for LGBTQ causes (1). Otherwise, Infineon Technologies has not used 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:

Infineon Technologies has not used its PAC donations or lobbying for ideological purposes (1)(2)(3).