AES Corporation

Ipalco Enterprises, AES Indiana
Virginia
Energy

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

AES Corporation, a global energy company, does not provide viewpoint protections for its employees. However, it has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care” for its employees and their children. Its CEO signed the CEO Action for Diversity and Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company regularly uses its reputation to support LGBTQ Pride, has lobbied for LGBTQ causes, and discriminates against some religious organizations in its charitable giving. For these reasons, AES receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to 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

AES has not publicly fired 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

AES does not appear to discriminate against religious organizations in its charitable giving. The company focuses on funding affordable energy, economic growth, and relief efforts (1)(2). Ipalco Enterprise’s parent company, AES Indiana, will not donate to “churches” (3).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

AES does not provide viewpoint protections for its employees (1). AES Indiana, does not provide viewpoint protections for its employees (2).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

AES’s CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (1). The company requires all its employees to complete unconscious bias training and regularly supports LGBTQ Pride (2)(3)(4). AES is aiming to reach net zero carbon emissions by 2050 (5). AES Indiana has publicized its support and participation in the Indy Pride Parade (6). The CEO of AES Corporation, Andes Gluski, is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (7)(8).

Criteria

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

Risk Level
Rationale

AES’s HRC CEI profile indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2)(3)(4).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

AES has not used its PAC donations for ideological purposes, but it has lobbied for the “Commission to Study the Stigmatization, Criminalization, and Ongoing Exclusion and Inequity for LGBTQ Servicemembers and Veterans Act” (1)(2)(3)(4)(5).

All links were last accessed and all information was updated on:
November 28, 2023

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