General Motors (GM)
Corporate Bias Rating
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Risk Level:
Summary:
GM pledged $10 million to BLM and related causes and supports and funds LGBTQ causes and organizations. GM has spoken out against state-level efforts to reform its own election rules. General Motors (GM) scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, General Motors (GM) 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. GM 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. GM has donated to the Equality PAC, the Progressive Choices PAC, and the Progressive Americans for Democracy PAC. GM is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism, and is committed to carbon neutrality by 2040. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. GM is a silver partner of PFLAG. The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. GM donated to the Equality PAC and has lobbied for ideological purposes. For these reasons, General Motors receives a High Risk rating.
Board Bias
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CEO of General Motors (GM)
Mary T. Barra
Summary:
Headquartered in Detroit, Michigan, General Motors (GM) is a member of the Fortune 250 operating in the Automobiles and Components industry. Mary T. Barra and Mary T. Barra 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 $484,520 to Republican causes and $247,959 to Democratic causes. Under their tenure, General Motors (GM) currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$484,520
$247,959
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
6/20/23 | Governance | John Lauve | Shareholder Written Consent | Against | 44.60% |
6/20/23 | Environmental | Amy Floyd | Sustainable Materials Procurement Targets | Against | 14.30% |
6/20/23 | Social | The National Legal and Policy Center | Report on Operations in China | Against | 3.00% |
6/13/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 38.79% |
6/13/22 | Social | National Legal and Policy Center | Report on the Use of Child Labor in Connection with Electric Vehicles | Against | 22.04% |
6/13/22 | Governance | John Lauve | Require Independent Board Chair | Against | 20.40% |
In the News
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AbbVie , Amgen , Bank of America (Merrill Lynch) , Caterpillar , Citigroup , Citizens Financial , Coca-Cola (Coke) , Colgate-Palmolive , CVS Health , Delta Air Lines , General Motors (GM) , JPMorgan Chase , Morgan Stanley (E-Trade) , Prudential Financial , Robert Half , Sherwin Williams , Uber , United Parcel Service (UPS) , Wells Fargo