Starbucks

Teavana
Seattle, Washington
Food Beverage and Tobacco

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Starbucks is High Risk. The company 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. Starbucks embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of Starbucks

Laxman Narasimhan

Laxman Narasimhan

Summary:

Headquartered in Seattle, Washington, Starbucks is a member of the Fortune 250 operating in the Food Beverage and Tobacco industry. Laxman Narasimhan and Mellody Hobson serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $75,600 to Republican causes and $2,738,535 to Democratic causes. Under their tenure, Starbucks currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$75,600

$2,738,535

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
3/13/24SocialNational Legal and Policy CenterReport on Human Rights PoliciesAgainst2.59%
3/13/24SocialNational Legal and Policy CenterReport on Direct and Systemic DiscriminationAgainst1.22%
3/13/24EnvironmentalPeople for the Ethical Treatment of AnimalsReport on Plant-based Milk PricingAgainst4.16%
3/23/23GovernanceTrilliumAssessment of Worker Rights CommitmentsFor51.40%
3/23/23GovernanceSOC Investment Group and Leah MartinCreate a CEO Succession Planning Policy AmendmentAgainst20.90%
3/23/23EnvironmentalPETACreate a Report on Plant-Based Milk PricingAgainst5.30%
3/23/23SocialNational Legal and Policy Center Annual Reports on Company Operations in ChinaAgainst4.40%
3/23/23EnvironmentalNational Center for Public Policy ResearchCreation of Board Committee on Corporate SustainabilityAgainst2.70%
3/16/22SocialNew York State Common Retirement FundReport on Prevention of Workplace Harassment & DiscriminationAgainst32.05%
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