3M
Corporate Bias Rating
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Risk Level:
Summary:
By complying with the HRC’s controversial demands, 3M 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. 3M 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. For these reasons, 3M receives a High Risk rating.
Board Bias
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CEO of 3M
Michael F. Roman
Summary:
Headquartered in Saint Paul, Minnesota, 3M is a member of the Fortune 250 operating in the Capital Goods industry. Michael F. Roman and Michael F. Roman 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 $83,150 to Republican causes and $76,053 to Democratic causes. Under their tenure, 3M currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$83,150
$76,053
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/14/24 | Governance | Raymond Weber | Improve Executive Compensation Policy to Include CEO Pay Ratio Factor | Against | N/A |
5/10/22 | Environmental | John Bishop Montgomery Trust | Report on Environmental Costs | Against | 13.16% |
5/10/22 | Social | Steven Milloy | Report on Operations in Communist China | Against | 3.24% |
In the News
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