Corprate Bias Ratings
A lawsuit filed in October 2021 alleges that Honeywell requires critical race theory-influenced training for all employees under threat of termination. Honeywell does not provide its employees with protections against viewpoint discrimination. Honeywell is a copper sponsor of Out & Equal, supports the Equality Act, and has funded the Equality PAC. Honeywell is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. However, it does not discriminate against religious organizations in its charitable giving. For these reasons, Honeywell receives a High 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.
Lawsuits were filed against the company by a former employee who claimed he was fired for refusing to take mandatory critical race theory training for employees (1)(2). Honeywell’s Supplier Code of Business Conduct mandates its supplier be free of “unlawful discrimination”, meaning it likely vets vendors for LGBTQ policies (3).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Honeywell signed onto an open letter in support of the Equality Act (1). Internal allegations of the use of critical race theory in employee training have recently surfaced (2)(3). CEO Darius Adamczyk is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (4)(5).
All links were last accessed and all information was updated on:
December 5, 2023
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|Date||ESG Category||Proponent||Summary of Resolution||Mgmt Rec||Total Vote % in Favor|
|5/19/23||Governance||John Chevedden||Independent Board Chairman||Against||44.40%|
|5/19/23||Environmental||Franciscan Sisters of Allegany||Environmental and Health Impact Report||Against||12.80%|
|4/25/22||Social||Lisette Cooper 2015 Trust||Climate Lobbying Report||Against||39.15%|
|4/25/22||Governance||John Chevedden||Special Meetings - Reduce Ownership Req. to 10%||Against||38.88%|
|4/25/22||Environmental||Franciscan Sisters of Allegany||Report on Environmental and Social Due Diligence||Against||21.09%|