Honeywell

North Carolina
Capital Goods

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

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.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

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.

Risk Level
Rationale

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).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Honeywell does not discriminate against religious organizations in its charitable giving. Honeywell’s charitable giving primarily revolves around STEM education and disaster relief (1)(2).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Honeywell does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

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).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Honeywell is a copper sponsor of Out & Equal (1). Honeywell pledged $2.8 million toward racial justice in response to the death of George Floyd (2).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Honeywell has donated to the Equality PAC, Progressive Americans for Democracy (1)(2)(3).

All links were last accessed and all information was updated on:
December 5, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/19/23GovernanceJohn CheveddenIndependent Board ChairmanAgainst44.40%
5/19/23EnvironmentalFranciscan Sisters of AlleganyEnvironmental and Health Impact ReportAgainst12.80%
4/25/22SocialLisette Cooper 2015 TrustClimate Lobbying ReportAgainst39.15%
4/25/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against38.88%
4/25/22EnvironmentalFranciscan Sisters of AlleganyReport on Environmental and Social Due DiligenceAgainst21.09%
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