Applied Materials

Santa Clara, California
Semiconductors and Semiconductor Equipment

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Applied Materials scored a 100 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, Applied Materials 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. Applied Materials 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. Applied Materials provides unconscious bias and micro-inequities training for its employees. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Applied Materials President and CEO signed Catalyst's Champions for Change pledge. The company’s CEO, Gary E. Dickerson, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. Applied Materials supports the Equality Act and is a silver sponsor of the HRC. For these reasons, Applied Materials receives a High Risk rating.

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Board Bias

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CEO of Applied Materials

Gary E. Dickerson

Gary E. Dickerson

Summary:

Headquartered in Santa Clara, California, Applied Materials is a member of the Fortune 250 operating in the Semiconductors and Semiconductor Equipment industry. Gary E. Dickerson and Thomas J. Iannotti 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 $58,600 to Republican causes and $750 to Democratic causes. Under their tenure, Applied Materials currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$58,600

$750

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
3/7/24SocialKenneth SteinerLobbying ReportAgainst0.00%
3/7/24SocialArjuna CapitalPay Equity ReportingAgainst0.00%
3/9/23GovernanceKenneth SteinerGive the Owners of 10% of Common Stock the Power to Call a Special Shareholder MeetingAgainst50.40%
3/9/23GovernanceJing ZhaoImprove Executive Compensation Policy to Include CEO Pay Ratio FactorAgainst9.70%
3/10/22GovernanceKenneth SteinerSpecial Meetings - Reduce Ownership Req. to 10%Against47.28%
3/10/22GovernanceJing ZhaoAmend Exec Comp Principles to Include CEO Pay Ratio & Other FactorsAgainst8.25%
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