Kyndryl Holdings

Industries Cloud & Data Storage, Technology Hardware and Equipment
Activism

The biggest 1000 U.S. companies by revenue according to form 10-K.

Business Roundtable

Rating Overview

Risk Rating: Medium

Kyndryl Holdings is Medium Risk.

Kyndryl 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. Kyndryl 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 Medium 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:

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) Kyndryl 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:

Medium

Rationale:

Kyndryl requires its employees to take unconscious bias training (1). Kyndryl provides 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 regularly supports LGBTQ Pride (1)(2). The company’s CEO Martin Schroeter is a member of the Business Roundtable, which supports stakeholder capitalism over traditional shareholder obligations (3). Kyndryl 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” (4). 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 (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 Kyndryl 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:

N/A

Rationale:

Kyndryl does not operate a PAC or report on its lobbying at this time (1)(2)(3).