American International Group (AIG)
Corprate Bias Ratings
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. AIG discriminates against religious organizations in its charitable giving and has used its reputation, corporate dollars, and PAC contributions for ideological purposes. The company covers the cost of "medically necessary transition-related care” for its employees and their children. For these reasons, AIG receives a High Risk rating.
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.
AIG terminated the insurance policy of former MLB player and outspoken Trump supporter, Curt Schilling, due to his pro-Trump social media posts (1)(2). In 2022, AIG stopped investing and underwriting for new coal-based companies and plants as well as Arctic explorations for energy (3). AIG has received a score of 100 on the Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (5)(6).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
AIG will not match employee donations to churches or religious organizations (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
The company spoke out against North Carolina’s bathroom bill excluding transgender women from using female bathrooms, HB2 (1). AIG denounced the efforts in Georgia and in other states to secure election integrity through state legislation and has committed to multiple acts of advocacy for the LGBTQ community (2)(3). CEO Peter Zaffino is a member of the Business Roundtable and AIG committed to achieving net-zero greenhouse gas emissions by 2050 (4)(5).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
AIG has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). AIG is a copper sponsor of Out & Equal and is a corporate partner of the NGLCC (3)(4). AIG has donated $500,000 to BLM and related causes (5).
All links were last accessed and all information was updated on:
December 1, 2023
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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||45.10%|
|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%|