FedEx

Memphis, Tennessee
Transportation

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

FedEx often 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. FedEx occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of FedEx

Raj Subramaniam

Raj Subramaniam

Summary:

Headquartered in Memphis, Tennessee, FedEx is a member of the Fortune 250 operating in the Transportation industry. Raj Subramaniam and Frederick W. Smith 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 $738,349 to Republican causes and $491,025 to Democratic causes. Under their tenure, FedEx currently holds a 'Medium Risk' risk rating.

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Political Contributions of Leadership:

$738,349

$491,025

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
9/21/23SocialSisters of St. FrancisPaid Sick Leave Disclosureagainst10.50%
9/21/23SocialInt'l Brotherhood of Teamsters“Just Transition” Reportagainst29.70%
9/21/23SocialSisters of St. FrancisPaid Sick Leave Disclosureagainst10.50%
9/21/23EnvironmentalAs You SowReport on Assessing Systemic Climate Risk from Retirement Plan Optionsagainst7.60%
9/21/23EnvironmentalAs You SowReport on Assessing Systemic Climate Risk from Retirement Plan Optionsagainst7.60%
9/21/23EnvironmentalInt'l Brotherhood of Teamsters“Just Transition” Reportagainst29.70%
9/19/22GovernanceJohn CheveddenIndependent Board ChairAgainst37.50%
9/19/22SocialClean Yield Asset Mgmt.Report on Alignment of Co. Values & Election ContributionsAgainst36.00%
9/19/22SocialInt'l Brotherhood of TeamstersReport on Lobbying Payments and PolicyAgainst34.60%
9/19/22SocialNorthstar Asset ManagementReport on Racism in Corporate CultureAgainst12.10%
9/19/22EnvironmentalUnited Church FundsReport on Climate LobbyingAgainst0.00%
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