Meta

Facebook, Instagram, WhatsApp
Menlo Park, California
Media and Entertainment

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Meta (Facebook) has a track record of censoring conservative voices, most famously then-President Trump, and many Christian accounts. However, Meta has done little to respond to reports of child sexual abuse materials on its platforms. In 2021, there were 29 million reports of child sexual abuse material, and 27 million (92%) were found on Meta apps. Meta scored a 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Meta increases the risk of dividing employees, alienating customers and harming shareholders. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Meta 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. Meta provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. The company is part of the Global Alliance for Responsible Media. Meta has donated over $40 million to BLM and related causes. Meta supports the Equality Act and opposes efforts to require voter ID. Meta has also weaponized its PAC by lobbying on behalf of the Equality Act. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Meta is a Titanium partner of PFLAG. The company denounced various states’ legislative efforts to protect election integrity and security. Meta is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, Meta (Facebook) receives a High Risk rating.

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Board Bias

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CEO of Meta

Mark Zuckerberg

Mark Zuckerberg

Summary:

Headquartered in Menlo Park, California, Meta is a member of the Fortune 250 operating in the Media and Entertainment industry. Mark Zuckerberg and Mark Zuckerberg 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 $286,150 to Republican causes and $2,416,889 to Democratic causes. Under their tenure, Meta currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$286,150

$2,416,889

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/29/24EnvironmentalThe Presbyterian ChurchAssess Misalignment Between Meta’s Climate Goals and Its Lobbying EffortsAgainstN/A
5/29/24GovernanceAs You SowReport on Political Advertising and Election Cycle Enhanced ActionsAgainstN/A
5/29/24SocialNational Legal and Policy CenterReport and Advisory Vote on Minimum Age for Social MediaAgainstN/A
5/29/24SocialLisette Cooper 2015 TrustReport on Child Safety Impacts and Actual Harm Reduction to ChildrenAgainstN/A
5/29/24SocialMercy Investment ServicesShareholder Proposal Regarding Human Rights Impact Assessment on AI Systems Driving Targeted AdvertisingAgainstN/A
5/29/24GovernanceThe Shareholder Association for Research & EducationShareholder Proposal Regarding Amendment of Corporate Governance GuidelinesAgainstN/A
5/29/24SocialAkademiker PensionReport on Human Rights Risks in Non-US MarketsAgainstN/A
5/29/24GovernanceTreasurer for the State of Illinois and Bright Start College SavingsDisclosure of Voting Results by Class of SharesAgainstN/A
5/29/24SocialArjuna CapitalReport on Generative Artificial Intelligence Misinformation and Disinformation RisksAgainstN/A
5/29/24GovernanceNorthStar Asset Management Inc. Funded Pension PlanGive Each Share an Equal VoteAgainstN/A
5/31/23Voting RulesNorthstar Asset ManagementGive Each Share An Equal Voteagainst27.98%
5/31/23SocialNational Legal and Policy CenterGovernment Takedown Requestsagainst0.42%
5/31/23SocialMercy Investment ServicesHuman Rights Impact Assessmentagainst17.02%
5/31/23SocialUnited Church FundsReport on Lobbyingagainst14.56%
5/31/23SocialSumOfUsReport on Allegations of Biased Operations in Indiaagainst4.61%
5/31/23SocialArjuna CapitalReport on Reproductive Rights & Data Privacyagainst9.61%
5/31/23SocialAs You SowReport on Enforcement of Community Standards & User Contentagainst7.16%
5/31/23SocialProxy ImpactReport on Child Safety Impacts & Actual Child Harm Reductionagainst16.28%
5/31/23SocialHarrington Investments, Inc.Review of Audit & Risk Oversight Committeeagainst6.65%
5/31/23GovernanceNorthstar Asset ManagementGive Each Share An Equal Voteagainst27.98%
5/31/23EnvironmentalPresbyterian Church (USA)Report on Framework to Assess Lobbying Alignment with Climate Goalsagainst9.80%
5/31/23GovernanceNorthStar Asset Management, Inc. Funded Pension PlanDual Class Capital StructureAgainst27.90%
5/31/23SocialNational Legal and Policy CenterGovernment Takedown RequestAgainst0.40%
5/31/23SocialSumOfUsReport on Allegations of Political Entanglement and Content Management Biases in IndiaAgainst4.50%
5/31/23GovernanceHarrington Investments, Inc.Performance Review of the Audit & Risk Oversight CommitteeAgainst6.60%
5/31/23SocialAs You SowReport on Enforcement of Community Standards and User ContentAgainst7.10%
5/31/23GovernanceThe Shareholder CommonsReport on Pay Calibration to Externalized CostsAgainst7.10%
5/31/23SocialArjuna CapitalReport on Reproductive Rights and Data PrivacyAgainst9.60%
5/31/23EnvironmentalPresbyterians ChurchReport on Framework to Assess Company Lobbying Alignment with Climate GoalsAgainst9.80%
5/31/23GovernanceUnited Church FundReport on Lobbying DisclosuresAgainst14.50%
5/31/23SocialProxy ImpactReport on Child Safety Impacts and Actual Harm Reduction to ChildrenAgainst16.20%
5/31/23SocialMercy Investment Services, Inc.Human Rights Impact Assessment of Targeted AdvertisingAgainst16.80%
5/25/22GovernanceN/A - UndisclosedGive Each Share An Equal VoteAgainst28.11%
5/25/22SocialN/A - UndisclosedCommission a Workplace Non-Discrimination AufitAgainst0.32%
5/25/22SocialMercy Investment ServicesPublish Third Party Human Rights Impact AssessmentAgainst23.76%
5/25/22SocialN/A - UndisclosedReport on Lobbying Payments and PolicyAgainst20.60%
5/25/22SocialAs You SowReport on Community Standards EnforcementAgainst19.24%
5/25/22SocialN/A - UndisclosedReport on Risks Associated with Use of Concealment ClausesAgainst18.97%
5/25/22SocialProxy ImpactReport on Child Sexual Exploitation OnlineAgainst17.28%
5/25/22GovernanceIllinois State TreasurerRequire Independent Board ChairAgainst16.71%
5/25/22SocialHarrington Investments, Inc.Commission Assessment of Audit & Risk Oversight CommitteeAgainst10.47%
5/25/22SocialN/A - UndisclosedReport on Charitable DonationsAgainst9.27%
5/25/22SocialArjuna CapitalReport on User Risk and Advisory Vote on the Metaverse ProjectAgainst2.96%
5/25/22SocialThe Shareholder CommonsReport on External Costs of Misinformation and Impact on Diversified ShareholdersAgainst2.73%
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