American International Group (AIG)
Corporate Bias Rating
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Risk Level:
Summary:
American International Group (AIG) canceled the insurance policy of former MLB player Curt Schilling after his outspoken support of former President Donald Trump. This termination happened despite AIG's discrimination policy that protects employees from political discrimination, indicating that this policy does not extend to customers. AIG also stopped investing and underwriting for new coal-based companies and plants in 2022. By complying with the HRC’s controversial demands, AIG 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. For these reasons, AIG receives a High Risk rating.
Board Bias
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CEO of American International Group (AIG)
Peter Zaffino
Summary:
Headquartered in New York, New York, American International Group (AIG) is a member of the Fortune 250 operating in the Insurance industry. Peter Zaffino and Peter Zaffino 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 $3,850 to Republican causes and $4,000 to Democratic causes. Under their tenure, American International Group (AIG) currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$3,850
$4,000
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/10/23 | Governance | Kenneth Steiner | Independent Board Chair | against | 45.13% |
5/10/23 | Governance | Kenneth Steiner | Independent Board Chair | Against | 45.10% |
5/4/23 | Governance | SEIU Master Trust | Report on Lobbying Activities | Against | 29.70% |
5/4/23 | Governance | John Chevedden | Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting | Against | 22.00% |
5/11/22 | Governance | Kenneth Steiner | Special Meetings - Reduce Ownership Req. to 10% | Against | 38.49% |
5/5/22 | Environmental | As You Sow | Report on 2050 Net-zero Goals and Explain its Current Policies | Against | 28.10% |