Lincoln National Corporation
Corporate Bias Rating
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Risk Level:
Summary:
Lincoln National Corporation, a holding company, has not publicly terminated business relationships based on views or beliefs. Lincoln National 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, Lincoln National 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. Lincoln National 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 does not provide viewpoint protections for its employees. Lincoln Financial is a corporate partner of the Human Rights Campaign (HRC) and discriminates against religious organizations in its charitable giving. Lincoln Financial is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, Lincoln National receives a High Risk rating.
Board Bias
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CEO of Lincoln National Corporation
Ellen G. Cooper
Summary:
Headquartered in Radnor, Pennsylvania, Lincoln National Corporation is a member of the Fortune 250 operating in the Insurance industry. Ellen G. Cooper and Ellen G. Cooper 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 $8,500 to Republican causes and $6,500 to Democratic causes. Under their tenure, Lincoln National Corporation currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$8,500
$6,500
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/25/23 | Governance | Kenneth Steiner | Independent Board Chair | Against | 46.40% |
5/25/23 | Governance | John Chevedden | Shareholder Ratification of Termination Pay | Against | 15.70% |
5/27/22 | Governance | John Chevedden | Submit Severence Agreement to Shareholder Vote | Against | 49.17% |
5/27/22 | Governance | Kenneth Steiner | Require Independent Board Chair | Against | 27.26% |