Illinois Tool Works (ITW)
Corprate Bias Ratings
Risk Level:
Summary:
Illinois Tool Works (ITW) vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, though the company has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care" for its employees and their children. ITW has funded the National Urban League and is a brass sponsor of Out and Equal. For these reasons, ITW 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.
ITW received a score of 100 on the Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBT policies (1). There are no known cases of ITW publicly terminating business relationships due to views or beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
All religious organizations were identified as ineligible by ITW for employee matching through Double the Donation (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
ITW does not provide protections against viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
ITW raised $300,000 for the National Urban League in 2020 (1)(2). ITW is a brass partner of Out & Equal, an LGBTQ organization (3). ITW has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (4)(5).
Uses corporate political contributions for ideological, non-business purposes.
ITW does not operate a PAC at this time (1).
All links were last accessed and all information was updated on:
October 2, 2023
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Voting History
| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/5/23 | Governance | John Chevedden | Independent Board Chair | Against | 19.20% |
| 5/6/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 33.91% |