Calpine Corp

Texas
Utilities

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Calpine Corp, an electric utility company, vets vendors for LGBTQ policies and does not provide viewpoint protections for its employees. However, it has not publicly terminated business relationships based on views or beliefs. Calpine formed a DEI Council and requires employees to take unconscious bias training. It also strongly advocates for state and federal policies to reduce carbon emissions and implement a carbon tax. However, it does not appear to discriminate against religious organizations in its charitable giving and has not used corporate funds for ideological purposes. For these reasons, Calpine receives a Medium 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

Calpine has a written policy pledging to vet vendors for LGBTQ policies. Its Supplier Code of Conduct requires vendors to include sexual orientation and gender identity in their nondiscrimination policy (1). However, it has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

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

Risk Level
Rationale

Calpine does not appear to discriminate against religious organizations in its charitable giving. The Calpine Foundation seeks to “improve the environment and make a difference in the lives of families and children” (1).

Criteria

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

Risk Level
Rationale

Calpine does not provide viewpoint protections for its 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

Calpine supports DEI within its business practices. It formed a DEI Council and requires employees to take unconscious bias training (1). Otherwise, it has not supported ideological causes or policies (2).

Criteria

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

Risk Level
Rationale

Calpine has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

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

Risk Level
Rationale

Calpine has not used its PAC donations for ideological purposes and does not report on its lobbying at this time (1)(2)(3). However, it claims to strongly advocate for “state and federal policies to reduce carbon emissions – including through a national price on carbon – and its support for global climate initiatives like the Paris Agreement” (4). From its 2020 Sustainability Report: “We support the goals of the Paris Agreement and have actively supported state and federal policies to achieve reductions of GHG emissions. We have supported California’s adoption and implementation of its economy-wide Cap-and-Trade Program as well as states involved in the Regional Greenhouse Gas Initiative program” (5).

All links were last accessed and all information was updated on:
December 14, 2023

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