KRONOS Worldwide

Industries Materials
Subsidiaries Kronos International, Inc., Kronos Louisiana, Inc., Kronos LPC, LLC, Louisiana Pigment Company, L.P.

Rating Overview

Risk Rating: Medium

KRONOS Worldwide is Medium Risk.

Kronos Worldwide, Inc. is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. 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 Medium 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:

KRONOS integrates ESG into its business practices. From its ESG page: “We take a One KRONOS approach to integrating ESG considerations into our actions and decision-making at all levels” (1). From its Supplier Code of Conduct: “We require our suppliers to have an assessment performed by a certified third party ESG rating service that uses internationally accepted principles for sustainability reporting and maintain over time at least an average rating” (2). However, KRONOS 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:

KRONOS does not appear to 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:

Medium

Rationale:

KRONOS does not provide viewpoint protections for its employees (1)(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:

KRONOS supports ESG within its business practices. From its ESG page: “Throughout its history, KRONOS has been committed to strong ESG values” (1). The company supports DEI within its business practices. From its Human Rights Policy: “KRONOS promotes a respectful and diverse workplace in which all individuals are treated with respect and dignity” (2).

Criteria:

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

Risk Level:

Lower

Rationale:

KRONOS 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:

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