CenterPoint Energy

Texas
Utilities

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

CenterPoint Energy 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. CenterPoint Energy 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

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

Risk Level
Rationale

CenterPoint Energy‘s HRC 2025 CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). CenterPoint Energy’s charitable giving guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender identity, thereby excluding some religious charities (3). The company likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (4)(5)(6).

Criteria

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

Risk Level
Rationale

CenterPoint Energy does not provide viewpoint protections for its employees (1). The company offers optional unconscious bias trainings (2).

Corporate Governance and Public Policy
Criteria

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

Risk Level
Rationale

CenterPoint Energy has committed to being carbon neutral by 2035 (3).

Criteria

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

Risk Level
Rationale

CenterPoint Energy is a corporate partner of the National LGBT Chamber of Commerce (NGLCC) (1).

Criteria

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

Risk Level
Rationale

CenterPoint Energy has not used its PAC donations or lobbying for ideological purposes (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 ResolutionMgmt RecTotal Vote % in Favor
4/26/24As You Sow on behalf of Warren Wilson CollegeShareholder Proposal regarding setting Scope 3 GHG TargetsAgainstN/A
4/21/23EnvironmentalAs You Sow on behalf of Handlery Hotels Inc. and Marguerite Casey FoundationScope 3 Greenhouse Gas Target SettingAgainst18.30%
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