BorgWarner - 1792 Exchange

Corprate Bias Ratings

Risk Level:

Lower Risk

Summary:

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

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Voting History

Date	ESG Category	Proponent	Summary of Resolution	Mgmt Rec	Total Vote % in Favor
4/26/23	Governance	John Chevedden	Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting	Against	43.50%
4/26/23	Environmental	Domini Impact Investments LLC	Report on Climate Transition Plan Social Impact	Against	32.00%