Bloomin' Brands, Inc. - 1792 Exchange

Corporate Bias Rating

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Risk Level:

Medium Risk

Summary:

Bloomin' Brands often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Blooming' Brands occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria

Risk Level

Rationale

Corporate Weaponization

Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level

Rationale

Bloomin’ Brands has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level

Rationale

Bloomin’ Brands does not appear to discriminate against charitable organizations based on views or beliefs (1)(2).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

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Rationale

Bloomin’ Brands prioritizes diversity over merit in its hiring and leadership composition. It engages “with national organizations and local communities to increase our pipeline of racially diverse talent” (1). The company “Integrate[s] DE&I training and education into daily operations, ongoing team meetings, and new Team Member onboarding”. It also offers a Conscious Inclusion Learning Series for its employees through online modules (2). Bloomin’ Brands company does not provide viewpoint protection for its employees (3).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

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Rationale

Bloomin’ Brands supports DEI within its business practices. The company offers bi-monthly, company-wide conversations focused on race, gender, and sexual orientation (1). The company is committed to achieving net-zero carbon emissions by 2050 (2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

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Rationale

Bloomin’ Brands supports the National Urban League. It also supports Diversity Labs and its Mansfield certification (1). Otherwise, there are no publicly known cases of Bloomin’ Brands using corporate funds to advance ideological causes, organizations, or policies (2).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level

Rationale

Bloomin’ Brands has not used its PAC donations for ideological purposes and has not reported on its lobbying (1)(2)(3).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.

Shareholder Proposals

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Date	ESG Category	Proponent	Summary of Resolution	Mgmt Rec	Total Vote % in Favor
4/23/24		Kenneth Steiner	Shareholder Right to Act by Written Consent	Against	N/A
4/18/23	Governance	Kenneth Steiner	Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting	Against	50.40%
4/18/23	Environmental	Green Century Capital Management Inc.	Adopt Paris-Compliant Strategy to Cut GHG Emissions	Against	42.90%

Bloomin’ Brands, Inc.