Intel

Santa Clara, California
Semiconductors and Semiconductor Equipment

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Intel scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Intel increases the risk of dividing employees, alienating customers and harming shareholders. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Intel 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. The company provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. The company provides unconscious bias training for its employees. Intel supports the Equality Act, a controversial bill. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Intel opposed legislation in Iowa intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. The company has also advocated for progressive-led legislation such as the George Floyd Justice in Policing Act. Intel apologized for asking its suppliers to avoid China's Xinjiang region, where the Uyghur genocide continues. The company opposed the Florida Parental Rights in Education Act, which would prohibit teaching gender identity and sexual orientation to kids in K-3rd grade. CEO Patrick Gelsinger is a member of the Business Roundtable but has not supported ideological initiatives. Intel signed an amicus brief in opposition to the 2016 North Carolina bathroom bill HB2, which required people to use the bathroom of their biological sex. The company’s CEO, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. Intel is a Gold sponsor of the HRC. The company has pledged $7 million to the Black Lives Matter movement and related partners. Intel is a Silver sponsor of Out and Equal and a founding corporate partner of the NGLCC. The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. Intel has donated to the Equality PAC. For these reasons, Intel receives a High Risk rating.

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Board Bias

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CEO of Intel

Patrick Gelsinger

Patrick Gelsinger

Summary:

Headquartered in Santa Clara, California, Intel is a member of the Fortune 250 operating in the Semiconductors and Semiconductor Equipment industry. Patrick Gelsinger and Frank D. Yeary 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 $339,590 to Republican causes and $817,130 to Democratic causes. Under their tenure, Intel currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$339,590

$817,130

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/7/24GovernanceJohn CheveddenShareholder Opportunity to Vote on Excessive Golden ParachutesAgainstN/A
5/7/24EnvironmentalNational Center for Public Policy ResearchCreation of Board Committee on Corporate SustainabilityAgainstN/A
5/7/24SocialAmerican Family AssociationReport on Risk of Opposing State Abortion RegulationAgainstN/A
5/11/23SocialThe National Center for Public Policy ResearchStockholder proposal requesting commission and publication of a third review of Intel's China business ESG congruence, if properly presented at the meetingAgainst5.00%
5/11/23GovernanceJohn CheveddenRequesting Adoption of an Executive Stock Retention Period Policy and ReportingAgainst26.20%
5/11/23SocialThe National Center for Public Policy ResearchThird Party Review of Intel’s China Business ESG CongruenceAgainst4.30%
5/12/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against32.97%
5/12/22SocialNorthstar Asset ManagementReport on Third-Party Civil Rights AuduitAgainst16.29%
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