Duke Energy

Progress Energy, Cinergy
Charlotte, North Carolina
Energy

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Duke Energy is High Risk. The company 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. Duke Energy embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of Duke Energy

Lynn J. Good

Lynn J. Good

Summary:

Headquartered in Charlotte, North Carolina, Duke Energy is a member of the Fortune 250 operating in the Energy industry. Lynn J. Good and Lynn J. Good 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 $32,650 to Republican causes and $55,596 to Democratic causes. Under their tenure, Duke Energy currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$32,650

$55,596

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/9/24National Center for Public Policy ResearchShareholder Proposal Regarding Financial Statement Assumptions and Climate ChangeAgainstN/A
5/9/24John CheveddenExecutives to Retain Significant StockAgainstN/A
5/4/23GovernanceJohn CheveddenAdopt Simple Majority VoteNo Recommendation79.00%
5/4/23GovernanceJohn CheveddenSimple Majority VoteNo Recommendation73.40%
5/4/23EnvironmentalNational Center for Public PolicyEstablish Board Decarbonization Risk CommitteeAgainst2.90%
5/4/23EnvironmentalThe National Center for Public Policy ResearchFormation of Committee to Evaluate Decarbonization RiskAgainst2.80%
5/5/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against36.19%
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