Meta
Corporate Bias Rating
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Risk Level:
Summary:
Meta (Facebook) has a track record of censoring conservative voices, most famously then-President Trump, and many Christian accounts. However, Meta has done little to respond to reports of child sexual abuse materials on its platforms. In 2021, there were 29 million reports of child sexual abuse material, and 27 million (92%) were found on Meta apps. Meta scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Meta increases the risk of dividing employees, alienating customers and harming shareholders. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Meta 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. Meta provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. The company is part of the Global Alliance for Responsible Media. Meta has donated over $40 million to BLM and related causes. Meta endorses the Equality Act and opposes efforts to require voter ID. Meta has also weaponized its PAC by lobbying on behalf of the Equality Act. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Meta is a Titanium partner of PFLAG. The company denounced various states’ legislative efforts to protect election integrity and security. Meta is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, Meta (Facebook) receives a High Risk rating.
Board Bias
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CEO of Meta
Mark Zuckerberg
Summary:
Headquartered in Menlo Park, California, Meta is a member of the Fortune 250 operating in the Media and Entertainment industry. Mark Zuckerberg and Mark Zuckerberg 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 $286,150 to Republican causes and $2,416,889 to Democratic causes. Under their tenure, Meta currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$286,150
$2,416,889
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/31/23 | Voting Rules | Northstar Asset Management | Give Each Share An Equal Vote | against | 27.98% |
5/31/23 | Social | National Legal and Policy Center | Government Takedown Requests | against | 0.42% |
5/31/23 | Social | Mercy Investment Services | Human Rights Impact Assessment | against | 17.02% |
5/31/23 | Social | United Church Funds | Report on Lobbying | against | 14.56% |
5/31/23 | Social | SumOfUs | Report on Allegations of Biased Operations in India | against | 4.61% |
5/31/23 | Social | Arjuna Capital | Report on Reproductive Rights & Data Privacy | against | 9.61% |
5/31/23 | Social | As You Sow | Report on Enforcement of Community Standards & User Content | against | 7.16% |
5/31/23 | Social | Proxy Impact | Report on Child Safety Impacts & Actual Child Harm Reduction | against | 16.28% |
5/31/23 | Social | Harrington Investments, Inc. | Review of Audit & Risk Oversight Committee | against | 6.65% |
5/31/23 | Governance | Northstar Asset Management | Give Each Share An Equal Vote | against | 27.98% |
5/31/23 | Environmental | Presbyterian Church (USA) | Report on Framework to Assess Lobbying Alignment with Climate Goals | against | 9.80% |
5/31/23 | Governance | Harrington Investments, Inc. | Performance Review of the Audit & Risk Oversight Committee | Against | 6.60% |
5/31/23 | Social | National Legal and Policy Center | Government Takedown Request | Against | 0.40% |
5/31/23 | Social | SumOfUs | Report on Allegations of Political Entanglement and Content Management Biases in India | Against | 4.50% |
5/31/23 | Social | As You Sow | Report on Enforcement of Community Standards and User Content | Against | 7.10% |
5/31/23 | Governance | United Church Fund | Report on Lobbying Disclosures | Against | 14.50% |
5/31/23 | Governance | NorthStar Asset Management, Inc. Funded Pension Plan | Dual Class Capital Structure | Against | 27.90% |
5/31/23 | Social | Mercy Investment Services, Inc. | Human Rights Impact Assessment of Targeted Advertising | Against | 16.80% |
5/31/23 | Social | Proxy Impact | Report on Child Safety Impacts and Actual Harm Reduction to Children | Against | 16.20% |
5/31/23 | Governance | The Shareholder Commons | Report on Pay Calibration to Externalized Costs | Against | 7.10% |
5/31/23 | Environmental | Presbyterians Church | Report on Framework to Assess Company Lobbying Alignment with Climate Goals | Against | 9.80% |
5/31/23 | Social | Arjuna Capital | Report on Reproductive Rights and Data Privacy | Against | 9.60% |
5/25/22 | Social | The Shareholder Commons | Report on External Costs of Misinformation and Impact on Diversified Shareholders | Against | 2.73% |
5/25/22 | Social | N/A - Undisclosed | Commission a Workplace Non-Discrimination Aufit | Against | 0.32% |
5/25/22 | Social | Harrington Investments, Inc. | Commission Assessment of Audit & Risk Oversight Committee | Against | 10.47% |
5/25/22 | Social | Arjuna Capital | Report on User Risk and Advisory Vote on the Metaverse Project | Against | 2.96% |
5/25/22 | Governance | Illinois State Treasurer | Require Independent Board Chair | Against | 16.71% |
5/25/22 | Governance | N/A - Undisclosed | Give Each Share An Equal Vote | Against | 28.11% |
5/25/22 | Social | Proxy Impact | Report on Child Sexual Exploitation Online | Against | 17.28% |
5/25/22 | Social | N/A - Undisclosed | Report on Risks Associated with Use of Concealment Clauses | Against | 18.97% |
5/25/22 | Social | As You Sow | Report on Community Standards Enforcement | Against | 19.24% |
5/25/22 | Social | N/A - Undisclosed | Report on Lobbying Payments and Policy | Against | 20.60% |
5/25/22 | Social | Mercy Investment Services | Publish Third Party Human Rights Impact Assessment | Against | 23.76% |
5/25/22 | Social | N/A - Undisclosed | Report on Charitable Donations | Against | 9.27% |
In the News
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Meta