Kyndryl - 1792 Exchange

Rating Overview

Kyndryl is Medium Risk.

Kyndryl Holdings, 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 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	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:

Kyndryl integrates ESG into its business practices. From its 2023 ESG Report: “Kyndryl is committed to governance that emphasizes ESG leadership and accountability. We strive to ensure that our decisions, actions and investments are guided by our core values and responsibility. We take a holistic approach to corporate governance, which includes a focus on ESG metrics, as well as risk management, financial reporting and corporate purpose. This approach is essential to our goal of creating value for our stakeholders and making sure we are held accountable for our results” (1). However, the company has not publicly 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:

Kyndryl 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:

High

Rationale:

Kyndryl offers Sustainability training to its employees (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:

Kyndryl’s CEO Martin Schroeter is a member of the Business Roundtable, which supports stakeholder capitalism over traditional shareholder obligations (1). The company supports DEI within its business practices. From its 2023 ESG report: “These cultural traits are grounded in what we call The Kyndryl Way, which serves as a North Star for our efforts to ensure greater Inclusion, Diversity and Equity (ID&E) throughout our culture” (2). In 2025, Kyndryl rebranded its Inclusion, Diversity, and Equity policy and language as Inclusion, Belonging, and well-being; however, it remains unclear whether the underlying divisive corporate policies/practices materially changed following the rebrand (3). The company is committed to net zero emissions, carbon emissions, or carbon neutrality by 2040 (4). Kyndryl created a new program “Kinship @ Kyndryl” which focuses on “inclusion, belonging and the well-being of our people, which fuels employee engagement” (5).

Criteria:

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

Risk Level:

Medium

Rationale:

Kyndryl is a Copper sponsor of Out & Equal (1). Otherwise, there are no publicly known cases of the company using 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:

Kyndryl does not operate a PAC at this time and has not used its lobbying for ideological purposes (1)(2)(3).