KRONOS Worldwide
Rating Overview
Rating Criteria
Rating Criteria Detail
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:
MediumRationale:
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:
LowerRationale:
KRONOS does not appear to discriminate against charitable organizations based on views or beliefs (1).
Corporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
HighRationale:
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:
LowerRationale:
KRONOS has not used corporate funds to advance ideological causes, organizations, or policies (1).