Cigna
Corporate Bias Rating
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Risk Level:
Summary:
Cigna allegedly discriminates against potential hires based on their inherent characteristics and belief systems. By classifying Christian beliefs as a form of privilege, Cigna has demonstrated that it prioritizes hiring people of other belief systems through its diversity initiatives. Cigna scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Cigna increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Cigna 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 provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. Cigna's CEO is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. The company supports the Equality Act and is a corporate partner of the National LGBT Chamber of Commerce. Cigna is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, Cigna receives a High Risk rating.
Board Bias
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CEO of Cigna
David Cordani
Summary:
Headquartered in Bloomfield, Connecticut, Cigna is a member of the Fortune 250 operating in the Health Care Equipment and Services industry. David Cordani and David Cordani serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $178,700 to Republican causes and $215,570 to Democratic causes. Under their tenure, Cigna currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$178,700
$215,570
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/14/24 | Social | Humane Society of the U.S. | Stockholder Proposal Regarding Group-Housed Pork | Against | N/A |
5/14/24 | Environmental | The Accountability Board | Report Regarding Climate Change Policies and Climate Change Risk Disclosures | Against | N/A |
5/11/23 | Environmental | Humane Society of the U.S. | Report on Cage-Free Eggs | Against | 8.90% |
4/26/23 | Governance | John Chevedden | Give the Owners of 15% of Common Stock the Power to Call a Special Shareholder Meeting | Against | 46.80% |
4/27/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 46.98% |
4/27/22 | Social | Clean Yield Asset Mgmt. | Report on Congruency of Political Spending with Company Values and Priorities | Against | 46.04% |
4/27/22 | Social | Proxy Impact | Report on Gender Pay Gap | Against | 32.69% |