Plexus

Industries Technology Hardware and Equipment
Activism

The biggest 1000 U.S. companies by revenue according to form 10-K.

Rating Overview

Risk Rating: Lower

Plexus is Lower Risk.

Plexus is Lower Risk. The company does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Plexus does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Lower Risk
Discriminatory Philanthropy Lower Risk
Employment Protection High Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Medium 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:

Lower

Rationale:

Plexus has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1)(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:

Plexus does not appear to discriminate against charitable organizations based on views or beliefs. The company focuses on funding organizations that “promote technology-related educational programs (STEM) and preserve the quality of life in the communities in which our teammates reside” (1)(2).

Criteria:

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

Risk Level:

High

Rationale:

Plexus offers unconscious bias and DEI training modules for its employees. The company appears to prioritize diversity over merit in its business structure, including its recruitment and hiring. Plexus also ties executive compensation to diversity and inclusion initiatives. From its 2022 Sustainability Report: “Additionally, we have three enterprise initiatives tied to our executives’ short-term variable incentive compensation plan (VICP) related to D&I in fiscal 2023—specifically, advancing our educational content and trainings, identification of new diverse recruitment sources and requiring diverse representation on interview panels” (1). Plexus 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:

Medium

Rationale:

Plexus supports ESG within its business practices. From its Sustainabiliy Report: “Our commitment to Environmental, Social and Governance (ESG) action and progress is not only the right thing to do as a corporate citizen, but foundational to our strategy and core to the long-term success of our business” (1). Otherwise, there are no publicly known cases of Plexus using its reputation to advance ideological causes or policies (2).

Criteria:

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

Risk Level:

Lower

Rationale:

Plexus 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:

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