Apple

Beats Electronics
Cupertino, California
Technology Hardware and Equipment

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

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 has engaged in censorship activity in China and Taiwan and has been accused of colluding with the Chinese Communist Party. 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. 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. 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). Apple's CEO Tim Cook is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. Apple has pledged $100 million to BLM and related causes and is a silver partner of PFLAG. Apple is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. Apple's Entrepreneur Camp Program bars applicants based on race, not allowing White or Asian applicants. The company is a Ceres Network Member and is committed to carbon neutrality by 2030. Apple opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Apple signed an open letter in support of the Equality Act and has lobbied for the Respect for Marriage Act, which restricted religious freedoms. For these reasons, Apple receives a High Risk rating.

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Board Bias

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CEO of Apple

Tim Cook

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 $54,650 to Republican causes and $1,651,750 to Democratic causes. Under their tenure, Apple currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$54,650

$1,651,750

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
2/28/24SocialNational Legal and Policy CenterCongruency Report on Privacy and Human RightsAgainst1.62%
2/28/24SocialSegal Marco AdvisorsReport on use of AIAgainst36.49%
2/28/24SocialArjuna CapitalRacial and Gender Pay GapsAgainst30.85%
2/28/24SocialAmerican Family AssociationReport on Ensuring Respect for Civil LibertiesAgainst1.80%
2/28/24GovernanceNational Legal and Policy CenterEEO Policy Risk ReportAgainst10.49%
7/18/23EnvironmentalWarren Wilson CollegeStockholder proposal on circular packagingAgainst25.11%
7/18/23EnvironmentalAs You Sow FoundationStockholder proposal on greenhouse gas emissionsAgainst30.98%
5/25/23GovernanceKenneth SteinerSpecial Meetings - Reduce Ownership Req. to 10%Against50.50%
5/25/23EnvironmentalHanderly Hotels, Inc.Report on the Company's Plans to Reduce Greenhouse Gas EmissionsAgainst29.80%
3/10/23GovernanceJames McRitchieAdopt Shareholder Proxy Access AmendementsAgainst31.00%
3/10/23GovernanceNia Impact CapitalAdopt a New Policy on Voting SharesAgainst6.50%
3/10/23SocialNational Legal and Policy CenterReport on Ties to Communist ChinaAgainst4.40%
3/10/23SocialNational Center for Public Policy ResearchCivil Rights and Non-Discrimination AuditAgainst1.40%
3/10/23SocialArjuna CapitalReport on Gender/Racial Pay DisparityAgainst33.80%
5/19/22GovernanceKenneth SteinerSpecial Meetings - Reduce Ownership Req. to 10%Against41.42%
3/4/22GovernanceN/A - UndisclosedReincorporate to Become a Social Purpose CorporationAgainst3.10%
3/4/22SocialAzzad Asset Mgmt.Revise Transparency Reports to Include App Removals by Government RequestsAgainst31.73%
3/4/22SocialArjuna CapitalReport on Median Racial & Gender Pay GapsAgainst33.65%
3/4/22SocialSumOfUsReport on Supply Chain Forced LaborAgainst33.72%
3/4/22SocialNia Impact CapitalReport on Company Risks Through Use of Concealment ClausesAgainst50.04%
3/4/22SocialSOC Investment GroupReport on Civil Rights AuditAgainst53.55%
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