Elevance Health (Anthem)

Amerigroup
Indianapolis, Indiana
Health Care Equipment and Services

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Elevance Health scored a 75 out of 100 on the 2023-2024 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 provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. 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 (formerly Anthem), required all leaders complete unconscious bias training. The company is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. Elevance Health signed the Health Sector Climate Pledge, committing itself to achieve net zero emissions by 2050. Signatories are expected to develop and release a climate resilience plan and appoint a corporate executive to oversee its implementation. The company’s CEO, Gail Boudreaux, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. Elevance Health is a corporate partner of the National LGBT Chamber of Commerce. However, the company does not discriminate against religious organizations in its charitable giving. Elevance Health has not used its PAC donations for ideological purposes. For these reasons, Elevance Health receives a Medium Risk rating.

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Board Bias

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CEO of Elevance Health (Anthem)

Gail K. Boudreaux

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.

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Political Contributions of Leadership:

$154,350

$75,971

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/15/24GovernanceNathan Cummings FoundationThird-Party Spending Due Diligence ProposalAgainstN/A
5/10/23GovernanceJohn CheveddenGive the Owners of 10% of Common Stock the Power to Call a Special Shareholder MeetingAgainst46.00%
5/10/23GovernanceNathan Cummings FoundationRequire Indirect Political Spending ReportingAgainst8.10%
5/18/22SocialTrillium Asset ManagementRacial Impact Audit and ReportAgainst41.24%
5/18/22SocialJohn HarringtonAdopt a Policy Prohibiting Direct and Indirect Political Contributions to CandidatesAgainst4.01%
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