Duke Energy
Corporate Bias Rating
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Risk Level:
Summary:
Duke Energy 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, Duke Energy 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. 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 provides unconscious bias training for its employees. The company 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 a Corporation, which promotes stakeholder capitalism. The company’s CEO, Lynn Good, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. 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.
View Full Corporate Bias Ratings ReportBoard 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.
View Full Board Bias ReportPolitical 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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