Home Depot

Atlanta, Georgia
Retailing

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Home Depot does not provide viewpoint protections for its employees but has not publicly canceled business relationships based on views or beliefs. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, and philanthropic support. Home Depot forces employees to undergo multiple ideological trainings and uses its corporate funds and political influence to support controversial sex and gender ideologies and organizations. The company requires all associates complete training on unconscious bias. Home Depot supports the Equality Act and ESG within its business practices. The company is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. Home Depot’s former CEO, Craig Menear, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company pledged $15 million to BLM and related causes. Home Depot funds the Human Rights Campaign (HRC) and Rainbow PUSH Coalition. The company donated to the Equality PAC and has lobbied for the Equality Act. For these reasons, The Home Depot receives a High Risk rating.

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Board Bias

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CEO of Home Depot

Edward P. "Ted" Decker

Edward P. "Ted" Decker

Summary:

Headquartered in Atlanta, Georgia, Home Depot is a member of the Fortune 250 operating in the Retailing industry. Edward P. "Ted" Decker and Edward P. "Ted" Decker 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 $1,030,885 to Republican causes and $497,188 to Democratic causes. Under their tenure, Home Depot currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$1,030,885

$497,188

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/16/24SocialAmerican Family AssociationReport on Respecting Workforce Civil LibertiesAgainst1.88%
5/16/24GovernanceDomini Impact Equity FundShareholder Proposal Regarding Biodiversity Impact And Dependence AssessmentAgainst15.69%
5/16/24GovernanceJohn CheveddenImprove Clawback Policy for Unearned Executive PayAgainst29.99%
5/16/24GovernanceTara Health FoundationPolitical Expenditures Misalignment with Company ValuesAgainst11.79%
5/16/24SocialNational Center for Public Policy ResearchCorporate Giving ReportAgainst1.85%
5/18/23GovernanceJohn CheveddenAmend Shareholder Written Consent RightsAgainst37.00%
5/18/23GovernanceTara Health FoundationCreate Analysis of Congruency of Political ContributionsAgainst31.00%
5/18/23GovernanceNational Legal and Policy CenterCreate Independent Chair of the BoardAgainst26.10%
5/18/23GovernanceAmerican Conservative Values ETFCreate a Senior Management Commitment to Avoid Political SpeechAgainst1.70%
5/18/23GovernanceNational Center for Public Policy ResearchRecission of racial equity audit proposal voteAgainst0.90%
5/19/22EnvironmentalGreen Century Capital ManagementReport on Efforts to Eliminate Deforestation in Supply ChainAgainst64.66%
5/19/22SocialSEIU Master TrustOversee and Report on Racial Equity AuditAgainst62.77%
5/19/22SocialTara Health FoundationReport on Congruency of Political Spending with Company Values and PrioritiesAgainst42.60%
5/19/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against38.41%
5/19/22GovernanceNational Legal and Policy CenterRequire Independent Board ChairAgainst23.95%
5/19/22GovernanceNorthstar Asset ManagementReport on Steps to Improve Gender and Racial Equity on the BoardAgainst13.59%
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