TriMas - 1792 Exchange

Rating Overview

TriMas is Medium Risk.

TriMas 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	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:

Medium

Rationale:

TriMas integrates ESG into its business practices. From its Supplier Code of Conduct: “TriMas expects its Suppliers to be responsible global citizens and work to reduce the environmental impacts of their operations, including material sourcing and natural resource consumption. Suppliers are expected to make continuous improvements and develop sustainability goals to minimize the sourcing and use of endangered and nonrenewable raw materials, wherever practicable and feasible” (1). The company promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation and gender reassignment in their nondiscrimination policy (2). However, TriMas has not canceled customers, suppliers, or vendors based on political 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:

Lower

Rationale:

TriMas does not appear to discriminate against charitable organizations based on views or beliefs (1)(2).

Criteria:

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

Risk Level:

High

Rationale:

TriMas offers Diversity, Equity & Inclusion training programs to its employees (1). The company appears to prioritize diversity over merit in its recruitment and hiring. From its DEI Statement: “Finding, hiring and retaining talent that represents the diversity in the communities where our facilities are located; Expanding our recruiting channels to increase exposure to minority and diverse candidates” (2). TriMas does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy

Criteria:

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

Risk Level:

Medium

Rationale:

TriMas supports DEI within its business practices. From its DEI Statement: “At TriMas, we are committed to achieving an environment of Diversity, Equity & Inclusion globally, throughout all levels of our organization” (1). The company stated: “We believe that Diversity, Equity & Inclusion is an ongoing journey and we are committed to continusously improving our culture.” (2). Otherwise, the company has not supported ideological causes or policies (3).

Criteria:

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

Risk Level:

Lower

Rationale:

TriMas 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:

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