Corporate Bias Rating
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Risk Level:
Summary:
By complying with Human Rights Campaign’s controversial demands, General Electric (GE) 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. GE 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. GE likely funds Planned Parenthood and is a corporate partner of the NGLCC. The company supports the Equality Act and made a statement in opposition to Georgia's voting reform bill. GE signed an amicus brief in opposition to the 2016 North Carolina bathroom bill HB2, which required people to use the bathroom of their biological sex. For these reasons, GE receives a High Risk rating.
Board Bias
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CEO of General Electric (GE)
H. Lawrence Culp, Jr.
Summary:
Headquartered in Boston, Massachusetts, General Electric (GE) is a member of the Fortune 250 operating in the Capital Goods industry. H. Lawrence Culp, Jr. and H. Lawrence Culp, Jr. 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 $234,300 to Republican causes and $63,150 to Democratic causes. Under their tenure, General Electric (GE) currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$234,300
$63,150
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/3/23 | Governance | Kenneth Steiner | Independent Board Chairman | Against | 31.70% |
5/3/23 | Environmental | Henry H. Barrett and MKT Forces Trading Limitations | Assess Energy-Related Asset Resilience | Against | 9.80% |
5/3/23 | Environmental | The National Center for Public Policy Research | Fiduciary Carbon-Emission Relevance Report | Against | 1.10% |
5/3/23 | Governance | Martin Harangozo | Sale of the Company | Against | 0.50% |
5/4/22 | Governance | SOC Investment Group | Shareholder Ratification of Termination Pay | Against | 36.22% |
5/4/22 | Governance | Alexandra Brown | Approve Nomination Employee Representative Director | Against | 4.68% |
5/4/22 | Governance | Martin Harangozo | Cessation of all Executive Stock Option & Bonus Programs | Against | 1.91% |