HAVI - 1792 Exchange

Rating Overview

HAVI is Medium Risk.

The HAVI Group (LP) 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. HAVI 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	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:

HAVI believes sustainability “requires… accountability” from its suppliers and partners to meet its Better Future Together blueprint, which includes being net zero carbon emissions by 2050 (1). The company is committed to fighting the “climate crisis” and “engaging” its suppliers and vendors with its sustainability goals, though it is unclear if that means forcing them to abide by its commitments (2). HAVI and PMI have not publicly fired customers, suppliers, or vendors based on ideological views or religious beliefs (3).

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:

HAVI 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:

HAVI provides unconscious bias training for its employees (1). The company requires employees to take inclusion training, which includes recruitment bias and microaggression training. It also actively seeks to partner with external organizations and NGOs to advocate for sustainability and DEI causes (2)(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:

HAVI is committed to net zero carbon emissions by 2050 (1)(2). The company’s former CEO, Russ Smyth, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace, strategize on DEI programs/initiatives with other signatories, and engage boards of directors when developing and evaluating DEI strategies (3)(4).

Criteria:

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

Risk Level:

Medium

Rationale:

PMI donates to multiple ideological causes including, The Venture Out Project, an LGBTQ organization (1)(2). Otherwise, there are no publicly known cases of HAVI using corporate funds to advance ideological causes, organizations, or policies (3).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

N/A

Rationale:

HAVI does not operate a PAC or engage in lobbying at the time (1)(2)(3).