Mestek
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:
Mestek integrates ESG into its business practices. From its Values webpage: “Our ESG values are an integral part of our company’s DNA and guide our decision-making processes” (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:
LowerRationale:
Mestek 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:
Mestek supports DEI within its business practices. From its Values webpage: “We are committed to creating a diverse and inclusive workplace, prioritizing the safety and wellbeing of our employees, and supporting social causes that align with our values” (1). The company supports ESG within its business practices. From its Values webpage: “Our ESG values guide our decision-making processes and reflect our dedication to creating sustainable value for our stakeholders” (2).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
Mestek has not used corporate funds to advance ideological causes, organizations, or policies (1).