Baxter International

Hill-Rom
Illinois
Health Care Equipment and Services

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Baxter International scored a 60 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, Baxter International increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Baxter International funds the Human Rights Campaign (HRC) and pledged over $6 million to BLM and related causes. Baxter International is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company is a Ceres Network Member, committed to carbon neutrality by 2040. For these reasons, Baxter International receives a High Risk rating.

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/2/23GovernanceJohn CheveddenRequire Executives to Retain Significant StockAgainst31.20%
5/2/23GovernanceKenneth SteinerRequire Shareholder Approval of Termination PayAgainst9.70%
5/3/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against34.88%
5/3/22GovernanceKenneth SteinerIndependent Board ChairAgainst22.73%
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