General Electric (GE)
Corprate Bias Ratings
General Electric (GE) vets vendors according to LGBTQ policies but has not publicly terminated business relationships based on views or beliefs. GE covers the cost of "medically necessary transition-related care" for its employees and their children. GE likely funds Planned Parenthood and is a corporate partner of the NGLCC. GE is a member of the Business Coalition for the Equality Act and made a statement in opposition to Georgia's voting reform bill. However, it does provide its employees with viewpoint protections and it does not discriminate against religious organizations in its charitable giving. For these reasons, GE receives a Medium Risk rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
GE received a score of 90 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means GE has pledged to vet vendors based on LGBTQ policies (1). GE has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
GE will not match employee donations to churches or religious organizations (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
GE is a member of the Business Coalition for the Equality Act and made a statement in opposition to Georgia’s voting reform bill (1)(2). GE CEO is a member of the Business Roundtable (3). GE’s HRC CEI profile indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (4)(5).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
GE has enabled employees to donate to Planned Parenthood directly from their paychecks and is a corporate partner of the NGLCC (1)(2). GE continues to donate to Planned Parenthood via donations to the United Way (3)(4). According to its internal annual and sustainability reports, GE does not currently donate to ideological groups, including Planned Parenthood (5)(6).
All links were last accessed and all information was updated on:
September 19, 2023
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|Date||ESG Category||Proponent||Summary of Resolution||Mgmt Rec||Total Vote % in Favor|
|5/3/23||Environmental||The National Center for Public Policy Research||Fiduciary Carbon-Emission Relevance Report||Against||1.10%|
|5/3/23||Governance||Martin Harangozo||Sale of the Company||Against||0.50%|
|5/3/23||Governance||Kenneth Steiner||Independent Board Chairman||Against||31.70%|
|5/3/23||Environmental||Henry H. Barrett and MKT Forces Trading Limitations||Assess Energy-Related Asset Resilience||Against||9.80%|
|5/4/22||Governance||Martin Harangozo||Cessation of all Executive Stock Option & Bonus Programs||Against||1.91%|
|5/4/22||Governance||Alexandra Brown||Approve Nomination Employee Representative Director||Against||4.68%|
|5/4/22||Governance||SOC Investment Group||Shareholder Ratification of Termination Pay||Against||36.22%|