Southwest Gas - 1792 Exchange

Rating Overview

Southwest Gas is Lower Risk.

Southwest Gas does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Overall, Southwest Gas 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	Medium Risk
Discriminatory Philanthropy	Lower Risk
Employment Protection	Medium Risk

Corporate Weaponization ⓘ

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

Southwest Gas has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs. The company integrates ESG into its business practices, “taking similar steps” as Centuri to “integrate ESG… into its various subsidiary companies” (1).

Criteria:

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

Risk Level:

Lower

Rationale:

Southwest Gas does not appear to discriminate against charitable organizations based on views or beliefs. The Southwest Gas Foundation focuses on “improving the wellbeing of our community, protecting our environment and giving back to worthy causes that strengthen the communities in which we live and work and playgiving goes toward ” (1)(2).

Criteria:

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

Risk Level:

Medium

Rationale:

Southwest Gas does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

Medium

Rationale:

Southwest Gas signed the UNITY Pledge which supports full inclusion and equality for all individuals including the LGBTQ+ community in employment, housing, and public accommodations (1). Otherwise, there are no publicly known cases of Southwest Gas 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:

Southwest Gas has not used corporate funds to advance ideological causes, organizations, or policies (1)(2).

Criteria:

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

Risk Level:

Lower

Rationale:

Southwest Gas has not used its PAC donations for ideological purposes and has not reported on its lobbying (1)(2)(3).