Toyota
Corporate Bias Rating
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Risk Level:
Summary:
Toyota 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, Toyota 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. Toyota 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. Toyota is a member of the Business Coalition for the Equality Act and funds multiple LGBTQ organizations. Toyota has donated to the Equality PAC. Toyota subsidiary, Lexus, is a gold partner of the HRC. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, Toyota receives a High Risk rating.
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
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6/14/23 | Environmental | AkademikerPension | Annual review and report on impact on TMC caused by climate-related lobbying activities and the alignment with the goals of the Paris Agreement | Against | 15.26% |