LTC Properties, Inc. - 1792 Exchange

Rating Overview

LTC Properties, Inc. is Medium Risk.

LTC Properties, 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	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:

LTC Properties integrates ESG into its business practices. From its 2022 ESG and Governance Report: “We know the best way to effectuate strong ESG practices across our Company and portfolio is to engage with our stakeholders to ensure they understand our operations and approach, and to hear from them about ESG needs and opportunities” (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:

Lower

Rationale:

LTC Properties 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:

LTC Properties appears to prioritize diversity over merit in its leadership composition. From its 2022 ESG and Governance Report: “Recently, our Board of Directors committed to and adopted Board Diversity Guidelines to continue to enhance our outreach to diverse candidates” (1). It 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:

LTC Properties supports DEI within its business practices. From its 2022 ESG and Governance Report: “We value the diversity of the unique individuals who constitute our team – from entry level to senior level to our Board of Directors. Seeking out and embracing individuals who bring diverse thoughts, backgrounds, skill sets, experiences, and talents has been the foundation of LTC’s success for three decades” (1). It supports ESG within its business practices: “The role that ESG principles play in effectively executing our corporate strategy is recognized by our Board of Directors as well as our management team” (2).

Criteria:

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

Risk Level:

Lower

Rationale:

LTC Properties 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:

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