Fortis
Corporate Bias Rating
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Risk Level:
Summary:
Fortis does not provide viewpoint protections for its employees but has not publicly canceled business relationships based on views or beliefs. The company integrates ESG into its business practices and ties executive compensation to ESG performance. Fortis pledged to reach net-zero carbon emissions by 2050 in accordance with the Paris Climate Agreement and supports LGBTQ Pride. ITC Holdings CEO Linda Aspey signed the Business Roundtable's 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. Fortis' CEO David Hutchens signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. However, the company does not appear to discriminate against charitable organizations based on views or beliefs. Fortis has not used its corporate funds or political contributions for ideological purposes. For these reasons, Fortis receives a Medium Risk rating.
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