FedEx
Corporate Bias Rating
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Risk Level:
Summary:
FedEx is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. FedEx 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.
View Full Corporate Bias Ratings ReportBoard Bias
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CEO of FedEx
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 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$738,349
$491,025
Republican
Democrat
China Risk Database
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Total Estimated Sanctions (3-year Avg.)
$1,167,937,422
Average Annual Revenue
Global
$76,059,666,667
China Revenue
13.87%
$10,551,330,696
Annual Average of Total Assets
Global
$70,620,333,333
China Assets
13.52%
$9,550,595,602
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 9/21/23 | Social | Sisters of St. Francis | Paid Sick Leave Disclosure | against | 10.50% |
| 9/21/23 | Social | Int'l Brotherhood of Teamsters | “Just Transition” Report | against | 29.70% |
| 9/21/23 | Social | Sisters of St. Francis | Paid Sick Leave Disclosure | against | 10.50% |
| 9/21/23 | Environmental | As You Sow | Report on Assessing Systemic Climate Risk from Retirement Plan Options | against | 7.60% |
| 9/21/23 | Environmental | As You Sow | Report on Assessing Systemic Climate Risk from Retirement Plan Options | against | 7.60% |
| 9/21/23 | Environmental | Int'l Brotherhood of Teamsters | “Just Transition” Report | against | 29.70% |
| 9/19/22 | Governance | John Chevedden | Independent Board Chair | Against | 37.50% |
| 9/19/22 | Social | Clean Yield Asset Mgmt. | Report on Alignment of Co. Values & Election Contributions | Against | 36.00% |
| 9/19/22 | Social | Int'l Brotherhood of Teamsters | Report on Lobbying Payments and Policy | Against | 34.60% |
| 9/19/22 | Social | Northstar Asset Management | Report on Racism in Corporate Culture | Against | 12.10% |
| 9/19/22 | Environmental | United Church Funds | Report on Climate Lobbying | Against | 0.00% |
In the News
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Shearman & Sterling LLP , Debevoise & Plimpton LLP , Cooley LLP , Goodwin Procter , Hogan Lovells , Kirkland & Ellis , Latham & Watkins LLP , McDermott Will & Emery , Milbank LLP , Morgan Lewis & Bockius , Morrison & Foerster LLP , Perkins Coie LLP , Reed Smith LLP , Ropes & Gray , Sidley Austin , Simpson Thacher & Bartlett , Skadden, Arps, Slate, Meagher & Flom LLP , White & Case , Wilmer Cutler Pickering Hale & Dorr LLP (WilmerHale)