QuidelOrtho - 1792 Exchange

Rating Overview

QuidelOrtho is Medium Risk.

QuidelOrtho is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. QuidelOrtho 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	Lower Risk
Discriminatory Philanthropy	High 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:

Lower

Rationale:

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

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

High

Rationale:

QuidelOrtho likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (1)(2)(3).

Criteria:

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

Risk Level:

High

Rationale:

QuidelOrtho offers unconscious bias and DEI training to its employees (1). The company appears to prioritize diversity over merit in its hiring, promotions, and supply chain. From its 2023 Sustainability Report: “Our commitment to diversity, equity and inclusion (DE&I) starts in our hiring and employment practices, where we monitor and analyze our employee demographics annually, including gender, race, ethnicity, and veteran and disability status. This analysis allows us to reduce the risk of disparate impacts in employee compensation and movements (hiring, termination, promotion, transfer)” (2). From QuidelOrtho’s Supplier Diversity page: “QuidelOrtho is committed to developing mutually beneficial and successful relationships with diverse suppliers” (3). The company is an affirmative action employer, “I would like to take this opportunity to assure each applicant… of QuidelOrtho’s commitment to equal employment and affirmative action” (4). QuidelOrtho does not provide viewpoint protections for its employees (5).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

High

Rationale:

QuidelOrtho is committed to a 90% Carbon Reduction by 2050 (1). The company supports DEI within its business practices. From its 2023 Sustainability Report: The company actively seeks to accomadate any diversity disparagement “By reducing bias in our job application processes and providing career paths for individuals without four-year college degrees, we are proactively building a diverse talent pipeline and empowering individuals from all backgrounds and walks of life” (2). QuidelOrtho supports ESG within its business practices. From its 2023 Sustainability Report: “Through direct oversight and management, our Board applies its collective knowledge, skills and experience to the company’s ESG and sustainability initiatives” (3).

Criteria:

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

Risk Level:

Lower

Rationale:

QuidelOrtho 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:

QuidelOrtho does not operate a PAC or report on its lobbying at this time (1)(2)(3).