FirstEnergy
Ohio
Energy
Corporate Bias Rating
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Risk Level:
Medium Risk
Summary:
FirstEnergy 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. FirstEnergy 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.
View Full Corporate Bias Ratings ReportShareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/22/24 | Governance | John Chevedden | Improve Clawback Policy for Unearned Executive Pay | Against | 3.17% |
| 5/22/24 | Environmental | The National Center for Public Policy Research | Financial Statement Assumptions and Climate Change | Against | 1.22% |
| 5/22/24 | Environmental | The Comptroller of the State of New York | Report on Feasibility of Integrating Climate-Related Measures into the Company’s Compensation Plans | Against | 22.14% |
| 5/24/23 | Governance | John Chevedden | Shareholder Ratification of Excessive Termination Pay | Against | 6.10% |
| 5/24/23 | Environmental | National Center for Public Policy Research | Establish Committee on Decarbonization Risk | Against | 1.50% |
| 5/17/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 37.94% |
| 5/17/22 | Social | Steven Milloy | Child Labor Audit | Against | 2.90% |