Light & Wonder - 1792 Exchange

Rating Overview

Light & Wonder is High Risk.

Light & Wonder is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. Light & Wonder 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	High 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	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:

Light & Wonder integrates ESG into its business practices. From its 2023 CSR Report: “Building on the requirements outlined in our master services agreements and Supplier Code of Conduct, we asked these critical suppliers to complete detailed self-assessment questionnaires on a range of indicators including information relating to their human rights due diligence, carbon footprint and product quality and safety programs” (1). However, the company has not 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:

High

Rationale:

Light & Wonder likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (1)(2)(3).

Criteria:

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

Risk Level:

High

Rationale:

Light & Wonder requires its employees to take unconscious bias and DEI training (1). The company appears to prioritize diversity over merit in its recruitment, hiring, promotions, leadership composition and mentorship program. From its 2023 CSR Report: “We have a dedicated DEI Council, which drives initiatives around equitable policies, recruitment and talent acquisition, retention and belonging, and learning and development.” The company also stated, the board committee “consider[s] the diversity of the backgrounds, skills and experience of prospective directors, as well as personal characteristics including gender, ethnicity and age” (2). Light & Wonder does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy

Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

High

Rationale:

Light & Wonder supports DEI within its business practices, hosting a DEI Council (1). The company supports DEI within its business practices. From its 2023 CSR Report: “To accelerate meaningful progress around representation and belonging at Light & Wonder, we established a five-year DEI roadmap in 2020” which includes “Ensur[ing] our policies and practices promote equitability and inclusiveness in our pay decisions, benefits offerings and career mobility” (2). Light & Wonder supports ESG within its business practices. From its 2023 CSR Report: The company’s board considers “Environmental, social and governance (ESG) risks, such as sustainability, social responsibility, diversity, equity and inclusion, management structure and employee compensation” (3). The company offers DEI micro-workshops (4).

Criteria:

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

Risk Level:

Medium

Rationale:

Light & Wonder provides a benefits package for employees that covers transgender medical procedures for covered employees and dependents, including children (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:

N/A

Rationale:

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