Elevance Health (Anthem)
Corporate Bias Rating
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Risk Level:
Summary:
Elevance Health scored a 75 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Elevance Health 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. Elevance Health 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. Elevance Health vets international vendors for LGBTQ policies. The company is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. However, Elevance does not discriminate against charitable organizations based on views or beliefs and has not used its PAC donations for ideological purposes. For these reasons, Elevance Health receives a Medium Risk rating.
Board Bias
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CEO of Elevance Health (Anthem)
Gail K. Boudreaux
Summary:
Headquartered in Indianapolis, Indiana, Elevance Health (Anthem) is a member of the Fortune 250 operating in the Health Care Equipment and Services industry. Gail K. Boudreaux and Elizabeth E. Tallett 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 $154,350 to Republican causes and $75,971 to Democratic causes. Under their tenure, Elevance Health (Anthem) currently holds a 'Medium Risk' risk rating.
Political Contributions of Leadership:
$154,350
$75,971
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/15/24 | Governance | Nathan Cummings Foundation | Third-Party Spending Due Diligence Proposal | Against | N/A |
5/10/23 | Governance | John Chevedden | Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting | Against | 46.00% |
5/10/23 | Governance | Nathan Cummings Foundation | Require Indirect Political Spending Reporting | Against | 8.10% |
5/18/22 | Social | Trillium Asset Management | Racial Impact Audit and Report | Against | 41.24% |
5/18/22 | Social | John Harrington | Adopt a Policy Prohibiting Direct and Indirect Political Contributions to Candidates | Against | 4.01% |