Applied Materials
Corporate Bias Rating
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Risk Level:
Summary:
Applied Materials 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, 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. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Applied Materials supports the Equality Act and is a silver partner of the HRC. For these reasons, Applied Materials receives a High Risk rating.
Board Bias
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CEO of Applied Materials
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 $41,500 to Republican causes and $0 to Democratic causes. Under their tenure, Applied Materials currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$41,500
$0
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
3/7/24 | Social | Kenneth Steiner | Lobbying Report | Against | 0.00% |
3/7/24 | Social | Arjuna Capital | Pay Equity Reporting | Against | 0.00% |
3/9/23 | Governance | Kenneth Steiner | Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting | Against | 50.40% |
3/9/23 | Governance | Jing Zhao | Improve Executive Compensation Policy to Include CEO Pay Ratio Factor | Against | 9.70% |
3/10/22 | Governance | Kenneth Steiner | Special Meetings - Reduce Ownership Req. to 10% | Against | 47.28% |
3/10/22 | Governance | Jing Zhao | Amend Exec Comp Principles to Include CEO Pay Ratio & Other Factors | Against | 8.25% |