Triumph Financial
Rating Overview
Rating Criteria
Rating Criteria Detail
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:
LowerRationale:
Triumph Financial 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:
LowerRationale:
Criteria:
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
Risk Level:
HighRationale:
Triumph Financial appears to prioritize diversity over merit in its business structure through the establishment of gender and racial targets. From its Human Treatment Statesment: “Triumph Financial has [developed] underrepresentation goals to help strengthen [its] human capital representation amongst women and people of color at [its] executive, mid-level management, and sales workers positions” (1). The company 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:
MediumRationale:
Triumph Financial supports DEI within its business practices. From its ESG Report: Triumph Financial’s “CEO directed the formation of the CEO’s Council on Diversity & Inclusion (“The Council”) at Triumph Financial. Members represent all levels of the organization and the Council focuses on diversity and inclusion in our workforce, workplace, community and suppliers… Additionally, we created a Leader of Diversity & Inclusion position to provide direction and leadership as we build processes and initiatives aimed at diversity and inclusion” (1). Otherwise, there are no publicly known cases of the company 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:
LowerRationale:
Triumph Financial has not used corporate funds to advance ideological causes, organizations, or policies (1).