A. O. Smith

Wisconsin
Household and Personal Products, Utilities

Corporate Bias Rating

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Risk Level:

Rating - Clear
Lower Risk

Summary:

A. O. Smith does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. A.O Smith does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

A. O. Smith has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

A. O. Smith will not fund “tithes or other church-related commitments” or donations to “seminaries or other theological institutions” (1)(2)(3).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

A. O. Smith does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

The CEO of A. O. Smith, Kevin Wheeler is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders (1)(2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

A. O. Smith has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
Rationale

A. O. Smith has not used its PAC donations or lobbying for ideological purposes (1)(2)(3).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/9/24SocialNorthStar Asset Management, Inc. Funded Pension PlanHiring Practices with Respect to Formerly Incarcerated PeopleAgainst6.77%
4/11/23SocialNorthStar Asset Management Inc.A report assessing inclusion in our workplaceAgainst8.99%
4/11/23SocialNorthStar Asset Management, Inc.Report on Racism at CompanyAgainst9.00%
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