DTE Energy

Detroit, Michigan
Energy

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

DTE 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 DTE 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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Board Bias

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CEO of DTE Energy

Jerry Norcia

Jerry Norcia

Summary:

Headquartered in Detroit, Michigan, DTE Energy is a member of the Fortune 250 operating in the Energy industry. Jerry Norcia and Jerry Norcia 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 $753,605 to Republican causes and $511,856 to Democratic causes. Under their tenure, DTE Energy currently holds a 'Medium Risk' risk rating.

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Political Contributions of Leadership:

$753,605

$511,856

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of Resolution
Mgmt Rec
Total Vote % in Favor
5/2/24As You Sow on behalf of John CheveddenClimate Transition Plan, Inclusive of Downstream Gas Utility EmissionsAgainstN/A
5/4/23GovernanceSEIU Master TrustReport on Lobbying ActivitiesAgainst29.70%
5/4/23GovernanceJohn CheveddenGive the Owners of 10% of Common Stock the Power to Call a Special Shareholder MeetingAgainst22.00%
5/5/22EnvironmentalAs You SowReport on 2050 Net-zero Goals and Explain its Current PoliciesAgainst28.10%
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