USAA

San Antonio, Texas
Insurance

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

USAA 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. USAA 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 USAA

Wayne Peacock

Wayne Peacock

Summary:

Headquartered in San Antonio, Texas, USAA is a member of the Fortune 250 operating in the Insurance industry. Wayne Peacock and Vice Admiral James M. Zortman 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 $68,805 to Republican causes and $78,701 to Democratic causes. Under their tenure, USAA currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$68,805

$78,701

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/2/24As You Sow on behalf of John CheveddenClimate Transition Plan, Inclusive of Downstream Gas Utility EmissionsAgainstN/A
5/11/23EnvironmentalAmundi Asset ManagementRequesting the establishment within a year of GHG reduction targetsAgainst31.57%
5/4/23GovernanceSEIU Master TrustReport on Lobbying ActivitiesAgainst29.70%
5/4/23GovernanceJohn CheveddenGive the Owners of 10% of Common Stock the Power to Call a Special Shareholder MeetingAgainst22.00%
5/5/22EnvironmentalAs You SowReport on 2050 Net-zero Goals and Explain its Current PoliciesAgainst28.10%
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