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 on the 2023 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 covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. 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 has donated to GLSEN an American education organization that promotes LGBT-inclusive schools. However, the company has not used its PAC donations for ideological purposes. For these reasons, Fox Corporation receives a Medium Risk rating.

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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