Corprate Bias Ratings
DTE Energy vets vendors for LGBTQ policies and does not provide viewpoint protections for its employees. However, it has not publicly terminated business relationships based on views or beliefs. DTE Energy has given hundreds of thousands of dollars to ideological organizations. The company likely requires unconscious bias training and frequently uses its reputation to promote LGBTQ issues and organizations. However, it does not discriminate against religious organizations in its charitable giving and has not used its political contributions for ideological purposes. For these reasons, DTE Energy receives a Medium Risk rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
DTE Energy has a written policy pledging to vet vendors for LGBTQ policies. Its Supplier Code of Conduct requires vendors to include sexual orientation and gender identity in their nondiscrimination policy (1). The company prioritizes diversity in its supply chain (2). However, DTE Energy has not publicly fired customers, suppliers, or vendors based on views or beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
DTE Energy does not discriminate against religious organizations in its charitable giving. It “supports initiatives focused on arts and culture, community transformation, economic progress, education and employment, environment and human needs” (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
DTE Energy is a corporate partner of the National LGBT Chamber of Commerce and supports the Detroit Regional LGBT Chamber of Commerce (1)(2). In 2021, the company donated $153,000 to the Tides Foundation (3). In 2020, DTE Energy donated $35,000 to the Michigan Roundtable for Diversity and Inclusion, $35,500 to the YWCA of Greater Flint, $72,000 to the YWCA of Metropolitan Detroit, $28,500 to the YWCA of West Central Michigan, and $228,500 to the Tides Foundation (2). In 2019, the company donated $80,000 to the Michigan Roundtable for Diversity and Inclusion, $150,000 to the Tides Foundation, and $25,000 to the YWCA of Metropolitan Detroit (3). In 2018, DTE Energy donated $25,000 to the Affirmations Lesbian Gay Community Center, $30,000 for the Michigan Roundtable for Diversity and Inclusion, and $75,000 to the Tides Foundation (4).
All links were last accessed and all information was updated on:
November 9, 2023
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|Date||ESG Category||Proponent||Summary of Resolution||Mgmt Rec||Total Vote % in Favor|
|5/4/23||Governance||SEIU Master Trust||Report on Lobbying Activities||Against||29.70%|
|5/4/23||Governance||John Chevedden||Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting||Against||22.00%|
|5/5/22||Environmental||As You Sow||Report on 2050 Net-zero Goals and Explain its Current Policies||Against||28.10%|