
Organization
Hershey was rated high risk because it has adopted governance practices and philanthropic initiatives that appear influenced by partisan social activism rather than purely business objectives. Its policies on cancel culture, employment practices, and political advocacy were seen as prioritizing identity-based considerations over merit and neutral corporate governance.
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The Hershey Company, often called just Hershey's, is an American multinational company and one of the largest chocolate manufacturers in the world. It also manufactures baked products, such as cookies and cakes, and sells beverages like milkshakes, as well as other products. Its headquarters are in Hershey, Pennsylvania, United States, which is also home to Hersheypark and Hershey's Chocolate World. It was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, which was a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company.