Apple
Corporate Bias Rating
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Risk Level:
Summary:
Apple has canceled apps for their political views or other ideological reasons. Apple terminated an employee who sued the company for political discrimination. Apple scored a 100 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, Apple 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. Apple 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. The company provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. Apple has engaged in censorship activity in China and Taiwan and has been accused of colluding with the Chinese Communist Party. The company leverages its corporate reputation and funds to support and solicit support for groups hostile to freedom of expression, like the Southern Poverty Law Center (SPLC). Tim Cook, the CEO, has referred to religious freedom legislation as "pro-discrimination" and is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. Apple has pledged $100 million to BLM and related causes and its medical benefits cover travel costs for employee abortions. The company covers the cost of "medically necessary transition-related care” for its employees and their children. Apple is committed to carbon neutrality by 2030. Apple is a silver partner of PFLAG. The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. Apple's CEO is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. The company is a Ceres Network Member and committed to carbon neutrality by 2040. For these reasons, Apple receives a High Risk rating.
Board Bias
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CEO of Apple
Tim Cook
Summary:
Headquartered in Cupertino, California, Apple is a member of the Fortune 250 operating in the Technology Hardware and Equipment industry. Tim Cook and Arthur D. Levinson, Ph.D. 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 $58,150 to Republican causes and $1,936,515 to Democratic causes. Under their tenure, Apple currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$58,150
$1,936,515
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
2/28/24 | Social | National Legal and Policy Center | Congruency Report on Privacy and Human Rights | Against | 1.62% |
2/28/24 | Social | Segal Marco Advisors | Report on use of AI | Against | 36.49% |
2/28/24 | Social | Arjuna Capital | Racial and Gender Pay Gaps | Against | 30.85% |
2/28/24 | Social | American Family Association | Report on Ensuring Respect for Civil Liberties | Against | 1.80% |
2/28/24 | Governance | National Legal and Policy Center | EEO Policy Risk Report | Against | 10.49% |
7/18/23 | Environmental | Warren Wilson College | Stockholder proposal on circular packaging | Against | 25.11% |
7/18/23 | Environmental | As You Sow Foundation | Stockholder proposal on greenhouse gas emissions | Against | 30.98% |
5/25/23 | Governance | Kenneth Steiner | Special Meetings - Reduce Ownership Req. to 10% | Against | 50.50% |
5/25/23 | Environmental | Handerly Hotels, Inc. | Report on the Company's Plans to Reduce Greenhouse Gas Emissions | Against | 29.80% |
3/10/23 | Governance | James McRitchie | Adopt Shareholder Proxy Access Amendements | Against | 31.00% |
3/10/23 | Governance | Nia Impact Capital | Adopt a New Policy on Voting Shares | Against | 6.50% |
3/10/23 | Social | National Legal and Policy Center | Report on Ties to Communist China | Against | 4.40% |
3/10/23 | Social | National Center for Public Policy Research | Civil Rights and Non-Discrimination Audit | Against | 1.40% |
3/10/23 | Social | Arjuna Capital | Report on Gender/Racial Pay Disparity | Against | 33.80% |
5/19/22 | Governance | Kenneth Steiner | Special Meetings - Reduce Ownership Req. to 10% | Against | 41.42% |
3/4/22 | Governance | N/A - Undisclosed | Reincorporate to Become a Social Purpose Corporation | Against | 3.10% |
3/4/22 | Social | Azzad Asset Mgmt. | Revise Transparency Reports to Include App Removals by Government Requests | Against | 31.73% |
3/4/22 | Social | Arjuna Capital | Report on Median Racial & Gender Pay Gaps | Against | 33.65% |
3/4/22 | Social | SumOfUs | Report on Supply Chain Forced Labor | Against | 33.72% |
3/4/22 | Social | Nia Impact Capital | Report on Company Risks Through Use of Concealment Clauses | Against | 50.04% |
3/4/22 | Social | SOC Investment Group | Report on Civil Rights Audit | Against | 53.55% |
In the News
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Amazon.com , Comcast , Netflix , Apple , Walt Disney Co. , Paramount , Warner Bros. Discovery