Union Pacific Corp. (UP)
Corporate Bias Rating
Expand Summary
Risk Level:
Summary:
UP scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Union Pacific Corp. (UP), increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. UP forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company's CEO is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. UP was part of the Freedom for All Americans coalition and has donated to the Progressive Americans for Democracy. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. UP is a Corporate Member of the Mid-America LGBT Chamber of Commerce. For these reasons, Union Pacific Corp. receives a High Risk rating.
Board Bias
Expand Summary
CEO of Union Pacific Corp. (UP)
Lance M. Fritz
Summary:
Headquartered in Omaha, Nebraska, Union Pacific Corp. (UP) is a member of the Fortune 250 operating in the Transportation industry. Lance M. Fritz and Lance M. Fritz 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 $22,600 to Republican causes and $2,000 to Democratic causes. Under their tenure, Union Pacific Corp. (UP) currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$22,600
$2,000
Republican
Democrat
Shareholder Proposals
Expand Summary
Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/18/23 | Governance | John Chevedden | Independent Board Chair | Against | 20.50% |
5/18/23 | Governance | James McRitchie | Require Shareholder Approval For Certain Advance Notice Bylaw Amendments | Against | 17.70% |
5/18/23 | Governance | Trillium Asset Management | Requesting an Employee Paid Sick Leave Policy | Against | 11.70% |