Fox Corporation

New York
Media and Entertainment

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Fox Corporation scored a 90 out of 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, Fox Corporation increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Fox Corporation forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, to support controversial sex and gender ideologies, organizations, and legislation. The company is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. Fox Corp partnered with the Los Angeles LGBT Center and Ali Forney Center to promote their education programs. The company also donated to GLSEN an American education organization that promotes LGBT-inclusive schools. However, Fox Corp has not used its political contributions for ideological purposes. For these reasons, Fox Corporation receives a Medium Risk rating.

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Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
11/3/22SocialN/A - UndisclosedReport on Lobbying Payments and PolicyAgainst9.99%
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