Intel

California
Semiconductors and Semiconductor Equipment

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

By complying with Human Rights Campaign's controversial demands, Intel increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. 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 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 and provides a benefits package for employees which covers travel/lodging costs for an abortion. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, Intel 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

Intel received a score of 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2).

Criteria

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

Risk Level
Rationale

Intel‘s HRC CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2).

Criteria

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

Risk Level
Rationale

Intel‘s HRC 2023 CEI rating indicates the company forces employees to attend multiple, controversial trainings on gender identity, sexual orientation, transgender issues, and divisive racial ideology. The company provides gender transition guidelines for its employees and specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2). Intel does not protect its employees from viewpoint discrimination (3).

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‘s HRC 2023 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy (1)(2). By doing so, the company risks dividing employees, alienating customers and harming shareholders. The company signed open letters in support of the Equality Act (3). Intel opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces (4)(5). The company has also advocated for progressive-led legislation such as the George Floyd Justice in Policing Act (6). The company apologized for asking its suppliers to avoid China’s Xinjiang region, where the Uyghur genocide continues (7). Intel opposed the Florida Parental Rights in Education Act, which would prohibit teaching gender identity and sexual orientation to kids in K-3rd grade (8). CEO Patrick Gelsinger is a member of the Business Roundtable but has not supported ideological initiatives (9).

Criteria

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

Risk Level
Rationale

Intel provides a benefits package for employees which covers travel/lodging costs for an abortion (1). The company‘s HRC 2023 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology (2)(3). By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders. Intel is a Gold Partner of the HRC (4). Intel has pledged $7 million to the Black Lives Matter movement and related partners (5)(6)(7). Intel is a Silver sponsor of Out and Equal and a founding corporate partner of the National LGBT Chamber of Commerce (8)(9).

Criteria

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

Risk Level
Rationale

Inte‘s HRC 2023 CEI rating indicates the company publicly advocated for controversial sex and gender ideology through local, state or federal legislation or initiatives (1)(2). By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders. Intel suspended PAC donations to election objectors but has since continued donating in a bipartisan manner (3)(4).

All links were last accessed and all information was updated on:
February 22, 2024

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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