BorgWarner

Michigan
Materials

Corprate Bias Ratings

Risk Level:

Rating - Clear
Lower Risk

BorgWarner, an automotive supplier, vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, but BorgWarner has not publicly terminated business relationships based on views or beliefs. The company supports some DEI-related causes but has not funded ideological groups or causes. For these reasons BorgWarner, receives a Lower Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to 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

BorgWarner received a score of 75 from the Corporate Equality Index from the Human Rights Campaign (HRC). Among other requirements, this profile that BorgWarner has a written policy pledging to vet vendors in support of LGBTQ policies (1)(2).

Criteria

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

Risk Level
Rationale

BorgWarner has an employee donation matching program (1). BorgWarner does not appear to discriminate against viewpoints or religious beliefs in its charitable giving (2).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

BorgWarner does not provide viewpoint discrimination protection for employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

BorgWarner CEO Frederic B. Lissalde signed the “CEO Action for Diversity & Inclusion Pledge” (1). BorgWarner implements ESG into all of its business practices through mandatory inclusion and unconscious bias training for its employees (2). The CEO of BorgWarner, Frederic B. Lissalde, is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (3)(4).

Criteria

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

Risk Level
Rationale

BorgWarner donated $1,025,000 to Kettering University to establish a scholarship program to support opportunities for minorities. The scholarships support BorgWarner’s efforts to recruit racially diverse candidates (1).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

BorgWarner does not operate a PAC at this time, and BorgWarner’s lobbying has solely focused on business purposes (1).

All links were last accessed and all information was updated on:
November 28, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/26/23GovernanceJohn CheveddenGive the Owners of 10% of Common Stock the Power to Call a Special Shareholder MeetingAgainst43.50%
4/26/23EnvironmentalDomini Impact Investments LLCReport on Climate Transition Plan Social ImpactAgainst32.00%
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