General Electric

GE Healthcare Technologies, GE Vernova, GE Appliances, GE Aerospace
Boston, Massachusetts
Energy, Health Care Equipment and Services, Technology Hardware and Equipment

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

General Electric (GE) is High Risk. The company 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. GE 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.

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Board Bias

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CEO of General Electric

H. Lawrence Culp, Jr.

H. Lawrence Culp, Jr.

Summary:

Headquartered in Boston, Massachusetts, General Electric is a member of the Fortune 250 operating in the Technology Hardware and Equipment industry. H. Lawrence Culp, Jr. serves as CEO/President and Chairman, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $276,345 to Republican causes and $72,600 to Democratic causes. Under their tenure, General Electric currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$276,345

$72,600

Republican

Democrat

China Risk Database

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Number of Facilities: 13

Total Export Dollars: $103,764,702

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Total Estimated Sanctions (3-year Avg.)

$2,712,130,775

Average Annual Revenue

Global

$76,981,666,667

China Revenue

9.42%

$7,248,333,333

Annual Average of Total Assets

Global

$252,044,666,667

China Assets

9.44%

$23,803,478,973

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/2/24National Center for Public Policy ResearchShareholder proposal assessing risks from voluntary carbon-reduction commitmentsAgainstN/A
4/2/24Kenneth SteinerIndependent Board ChairAgainstN/A
5/3/23GovernanceKenneth SteinerIndependent Board ChairmanAgainst31.70%
5/3/23EnvironmentalHenry H. Barrett and MKT Forces Trading LimitationsAssess Energy-Related Asset ResilienceAgainst9.80%
5/3/23EnvironmentalThe National Center for Public Policy ResearchFiduciary Carbon-Emission Relevance ReportAgainst1.10%
5/3/23GovernanceMartin HarangozoSale of the CompanyAgainst0.50%
5/4/22GovernanceSOC Investment GroupShareholder Ratification of Termination PayAgainst36.22%
5/4/22GovernanceAlexandra BrownApprove Nomination Employee Representative DirectorAgainst4.68%
5/4/22GovernanceMartin HarangozoCessation of all Executive Stock Option & Bonus ProgramsAgainst1.91%
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