NV5 - 1792 Exchange

Rating Overview

NV5 is Medium Risk.

NV5 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. NV5 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	No Data
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	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:

NV5 integrates ESG into its business practices. From its 2021 ESG Report: “ESG (Environmental Social Governance) is a critical performance indicator to determine our organization’s overall health beyond financial statements and bottom lines especially considering NV5’s services catering to resource-intensive industries like infrastructure, utilities, building engineering and operations, etc. It is now more about a holistic approach towards attracting investment, creating a sustainable supply chain, talent attraction, customer satisfaction and protection against compliance and regulatory risks” (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:

N/A

Rationale:

NV5 does not publish charitable giving guidelines (1)(2).

Criteria:

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

Risk Level:

High

Rationale:

NV5 appears to prioritize diversity over merit in its recruitment, hiring, leadership composition, supply chain. From its 2021 ESG Report: The company “[focuses] significant effort on recruiting and retaining diverse talent that can help us think outside the box and produce creative and innovative solutions for our clients” (1). From its 2021 ESG Report: “NV5 uses suppliers to augment our firm with skills we do not have internally, as well as to meet client supplier diversity goals. Minority business enterprises, women business enterprises, disabled veteran business enterprises, LGBTQ+ business enterprises, and other diverse or small businesses are chosen whenever possible” (2). The company appears to prioritize diversity over merit in its business structure through the establishment of gender and racial targets for its recruitment, hiring, and leadership composition. The company is seeking to “Increase diversity by 10% minimum” by 2030 (3). The company does not provide viewpoint protections for its employees (4).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

High

Rationale:

NV5 supports DEI within its business practices, employing a Chief Diversity Officer (1). The company supports DEI within its business practices. From its 2021 ESG Report: “NV5 is committed to fostering work environments that value and promote diversity and inclusion” (2).

Criteria:

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

Risk Level:

Lower

Rationale:

NV5 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:

Lower

Rationale:

NV5 does not operate a PAC at this time and has not lobbied for ideological purposes (1)(2)(3).