Summit Midstream - 1792 Exchange

Rating Overview

Summit Midstream is Medium Risk.

Summit Midstream Corporation 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. 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	Medium Risk
Discriminatory Philanthropy	Lower 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:

Medium

Rationale:

Summit Midstream integrates ESG into its business practices. From its ESG page: “We recognize that a foundation grounded in both financial discipline and ESG performance plays a vital role in achieving our corporate goals and in the ability to positively impact our unitholders, employees, and neighbors.” (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:

Lower

Rationale:

Summit Midstream does not appear to discriminate against charitable organizations based on views or beliefs (1).

Criteria:

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

Risk Level:

High

Rationale:

Summit Midstream offers diversity training to its employees (1). However, in 2025, the company stopped publishing its ESG Report. To date, the company has not publicly addressed these changes, leaving shareholders without clarity regarding the company’s reasoning or future direction (2). Summit Midstream appears to prioritize diversity over merit in its recruitment and hiring. From its Career page: “Summit Midstream is proudly committed to recruiting and retaining a diverse and inclusive workforce.” (3). The company appears to prioritize diversity over merit in its leadership composition. From its 2026 Proxy Statement: “In selecting members of the Board, the Nominating, Governance and Sustainability Committee’s recommendation and the Board’s decisions take into account, in addition to the independence criteria:
Diversity of viewpoints, background, experience and other demographics as compared to those of other Board members and potential Board members” (4). The company does not provide viewpoint protections for its employees (5)(6).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

High

Rationale:

Summit Midstream supports DEI within its business practices. From its 2025 Annual Report: “We are committed to efforts to support diversity and foster an inclusive work environment that strengthens our workforce.” (1). The company supports ESG within its business practices. From its ESG webpage: “Our principled approach to ESG is focused on mitigating risks and fostering resilience and sustainability, ensuring our long-term success and value creation.” (2).

Criteria:

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

Risk Level:

Lower

Rationale:

Summit Midstream 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:

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