Duke Energy
Corporate Bias Rating
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Risk Level:
Summary:
Duke Energy 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, Duke Energy 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. Duke Energy 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. Duke Energy does not provide viewpoint protections for its employees. However, the company has not publicly terminated business relationships due to religious beliefs or political views. Duke Energy was a corporate sponsor of a "compromise bill" that would replace North Carolina's 2015 HB 2 "bathroom bill", and it supports the Equality Act. Duke Energy is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company's CEO signed the CEO Action for Diversity & Inclusion pledge, and it signed Orlando Economic Partnership's DEI pledge. Duke Energy has pledged over $1 million to the Black Lives Matter movement and related causes. For these reasons, Duke Energy receives a High Risk rating.
Board Bias
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CEO of Duke Energy
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.
Political Contributions of Leadership:
$32,650
$55,596
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/4/23 | Governance | John Chevedden | Adopt Simple Majority Vote | No Recommendation | 79.00% |
5/4/23 | Governance | John Chevedden | Simple Majority Vote | No Recommendation | 73.40% |
5/4/23 | Environmental | National Center for Public Policy | Establish Board Decarbonization Risk Committee | Against | 2.90% |
5/4/23 | Environmental | The National Center for Public Policy Research | Formation of Committee to Evaluate Decarbonization Risk | Against | 2.80% |
5/5/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 36.19% |
In the News
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United Airlines , American Airlines , Boeing , Anheuser-Busch InBev , Target , American Express (AmEx) , Hyundai , Microsoft , Netflix , Sony , X (Twitter) , Activision Blizzard , Huntsman , Delta Air Lines , Atlassian , Aflac , Tesla , Qualcomm , ABB , Duke Energy