Campbell Soup Company

Snyder's-Lance
New Jersey
Food Beverage and Tobacco

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Campbell Soup Company scored a 70 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, the company increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in marketing and philanthropic support. Campbell Soup Company forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company’s CEO, Mark Clouse, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. Campbell Soup Company supports ESG within its business practices and pledged $1.5 million to the Black Lives Matter movement and related causes. However, it does not discriminate against charitable organizations based on views or beliefs. For these reasons, Campbell Soup Company earns a Medium Risk rating.

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Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
11/29/23SocialThe Humane Society of the United StatesA report relating to the progress of our cage-free egg commitmentAgainst6.52%
11/29/23EnvironmentalBrian Patrick Kariger Rev TrA report on how the Company is protecting 401(k) retirement fund plan beneficiaries with a longer investment time horizon from future portfolio risk created by present-day investments in high carbon companiesAgainst7.53%
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