Comcast
Corporate Bias Rating
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Risk Level:
Summary:
Comcast has severed ties with employees and business partners based on their political views once activists applied pressure and has no policies in place to protect against this political discrimination. Comcast scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Comcast 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. Comcast 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. Comcast 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. The company pledged $100 million to BLM and related causes. The company is a corporate partner of the Human Rights Campaign (HRC) and may have funded Planned Parenthood. Comcast'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 opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Comcast is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. The company donated to the Equality PAC. For these reasons, Comcast receives a High Risk rating.
Board Bias
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CEO of Comcast
Brian L. Roberts
Summary:
Headquartered in Philadelphia, Pennsylvania, Comcast is a member of the Fortune 250 operating in the Telecommunication Services industry. Brian L. Roberts and Brian L. Roberts 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 $1,555,601 to Republican causes and $2,216,361 to Democratic causes. Under their tenure, Comcast currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$1,555,601
$2,216,361
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
6/7/23 | Governance | Arjuna Capital | Report on Political Spending Values Congruency | Against | 18.90% |
6/7/23 | Social | SEIU Master Trust | Perform a Racial Equity Audit | Against | 10.76% |
6/7/23 | Environmental | John Chevedden | Report on Paris-Compliant Plan to Cut Carbon Footprint | Against | 9.71% |
6/7/23 | Environmental | As You Sow | Report on Retirement Plan Alignment with Climate Goals | Against | 5.97% |
6/7/23 | Social | National Legal and Policy Center | Report on Ties to Communist China | Against | 1.70% |
6/1/22 | Social | Arjuna Capital | Report on Investigation of Effectiveness of Sexual Harassment Policies | Against | 22.28% |
6/1/22 | Social | SEIU Master Trust | Independent Racial Equity Audit | Against | 18.30% |
6/1/22 | Environmental | Elizabeth Kantor Trust | Report on Retirement Plan Options Alignment with Climate Goals | Against | 5.95% |
6/1/22 | Social | National Center for Public Policy Research | Report on Risks of Omitting "Viewpoint" & "Ideology" from EEO Policy | Against | 1.44% |
6/1/22 | Social | National Legal and Policy Center | Report on Charitable Contributions | Against | 0.92% |
In the News
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Amazon.com , Comcast , Netflix , Apple , Walt Disney Co. , Paramount , Warner Bros. Discovery
BlackRock , State Street , Vanguard , UBS , Blackstone , Morgan Stanley (E-Trade) , Goldman Sachs , Northern Trust , Amazon.com , Walmart , Costco Wholesale , Comcast , Chevron Corporation , Wells Fargo , Home Depot , Apple