Dow
Corporate Bias Rating
Expand Summary
Risk Level:
Summary:
Dow Inc. 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, Dow 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. Dow 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. Dow’s Chair and CEO signed Catalyst's Champions for Change pledge. The company is also a signatory of the Business Roundtable's 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism. Dow signed an amicus brief in opposition to the 2016 North Carolina bathroom bill HB2 and is a bronze partner of PFLAG. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Dow denounced various states’ legislative efforts to protect election integrity and security. The company is a signatory of the Gender & Diversity KPI Alliance, appearing to prioritize diversity over merit in its business structure through the establishment of gender and racial targets for its leadership composition and its support of DEI in its hiring and promotions. Dow’s CEO, Jim Fitterling, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company pledged $5 million to BLM and related causes and funds multiple LGBTQ organizations. Dow has donated to the Equality pac and lobbied for the Eqaulity Act. For these reasons, Dow Inc. receives a High Risk rating.
View Full Corporate Bias Ratings ReportBoard Bias
Expand Summary
CEO of Dow
Jim Fitterling
Summary:
Headquartered in Midland, Michigan, Dow is a member of the Fortune 250 operating in the Materials industry. Jim Fitterling and Jim Fitterling 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 $409,800 to Republican causes and $142,000 to Democratic causes. Under their tenure, Dow currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$409,800
$142,000
Republican
Democrat
Shareholder Proposals
Expand Summary
Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
4/13/23 | Environmental | As You Sow | Report on Petrochemical Risks | Against | 30.20% |
4/13/23 | Environmental | As You Sow | Single-Use Plastics Report | Against | 29.90% |
4/13/23 | Governance | John Chevedden | Require Two Seperate People Hold the Offices of Chairman and CEO | Against | 26.30% |
4/13/23 | Governance | John Chevedden | Independent Board Chairman | Against | 26.20% |
4/14/22 | Governance | Kenneth Steiner | Independent Board Chair | Against | 32.70% |