Cognizant Technology Solutions
Corporate Bias Rating
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Risk Level:
Summary:
Cognizant Technology Solutions scored a 100 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, Cognizant Technology Solutions (Cognizant), 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 employee recruitment, vendor selection, marketing, and philanthropic support. Cognizant 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 is a signatory of the Business Roundtable's 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism. Cognizant embraced rhetoric regarding ongoing systemic racism. For these reasons, Cognizant Technology Solutions receives a High Risk rating.
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CEO of Cognizant Technology Solutions
Ravi Kumar S
Summary:
Headquartered in Teaneck, New Jersey, Cognizant Technology Solutions is a member of the Fortune 250 operating in the Software and Services industry. Ravi Kumar S and Stephen J. Rohleder 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 $15,100 to Republican causes and $3,000 to Democratic causes. Under their tenure, Cognizant Technology Solutions currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$15,100
$3,000
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
6/6/23 | Governance | John Chevedden | Shareholder Ratification of Termination Pay | Against | 8.70% |
6/7/22 | Governance | John Chevedden | Special Meetings- Reduce 1-Year Holding Req. From 10% Ownership | Against | 8.34% |