Intel

California
Semiconductors and Semiconductor Equipment

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Intel vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, but 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. The company funds the Human Rights Campaign (HRC), Black Lives Matter (BLM), and the National LGBT Chamber of Commerce. Intel signed a letter in support of the Equality Act. However, it does not discriminate against religious organizations in its charitable giving. For these reasons, Intel receives a "Medium 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

Intel has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Corporate Equality Index from the HRC. Among other requirements, this means Intel has pledged to vet vendors based on LGBTQ policies (1)(2)(3).

Criteria

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

Risk Level
Rationale

Intel permits charitable donations to religious organizations as long as “the donation is specifically designated for a secular community outreach program” or is not used for strictly religious purposes (1)(2).

Criteria

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

Risk Level
Rationale

Intel does not protect its employees from viewpoint discrimination (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

Intel 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 (1)(2). The company signed open letters in support of the Equality Act and transgender participation in girls’ and women’s sports (3)(4). Intel has also advocated for progressive-led legislation such as the George Floyd Justice in Policing Act (5). The company apologized for asking its suppliers to avoid China’s Xinjiang region, where the Uyghur genocide continues (6). Intel signed an open letter opposing a Florida bill that would prevent teaching gender identity and sexual orientation in schools to kids in K-3rd grade (7). CEO Patrick Gelsinger is a member of the Business Roundtable, but has not supported ideological initiatives (8).

Criteria

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

Risk Level
Rationale

Intel is a Gold Partner of the HRC (1). Intel has pledged $7 million to the Black Lives Matter movement and related partners (2)(3)(4). Intel is a Silver sponsor of Out and Equal and a founding corporate partner of the National LGBT Chamber of Commerce (5)(6).

Criteria

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

Risk Level
Rationale

Intel suspended PAC donations to election objectors but has since continued donating in a bipartisan manner (1)(2).

All links were last accessed and all information was updated on:
June 12, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/11/23GovernanceJohn 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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