General Electric (GE)

GE Healthcare Technologies
Boston, Massachusetts
Capital Goods

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

By complying with Human Rights Campaign’s controversial demands, General Electric (GE) 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. GE forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. GE likely funds Planned Parenthood and is a corporate partner of the NGLCC. The company supports the Equality Act and made a statement in opposition to Georgia's voting reform bill. GE signed an amicus brief in opposition to the 2016 North Carolina bathroom bill HB2, which required people to use the bathroom of their biological sex. For these reasons, GE receives a High Risk rating.

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Board Bias

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CEO of General Electric (GE)

H. Lawrence Culp, Jr.

H. Lawrence Culp, Jr.

Summary:

Headquartered in Boston, Massachusetts, General Electric (GE) is a member of the Fortune 250 operating in the Capital Goods industry. H. Lawrence Culp, Jr. and H. Lawrence Culp, Jr. serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $234,300 to Republican causes and $63,150 to Democratic causes. Under their tenure, General Electric (GE) currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$234,300

$63,150

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
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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