International Paper

DS Smith
Memphis, Tennessee
Materials

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

International Paper often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. International Paper occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled 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

International Paper has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria

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

Risk Level
Rationale

International Paper’s charitable giving guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender identity, thereby excluding some religious charities (1).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

International Paper is an affirmative action employer: “International Paper also maintains affirmative action programs to implement its equal employment opportunity commitment.” (1). International Paper does not provide viewpoint protections for its employees (2).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

International Paper’s CEO is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders (1)(2). Otherwise, there are no publicly known cases of International Paper using its reputation to advance ideological causes or policies (3).

Criteria

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

Risk Level
Rationale

International Paper has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
Rationale

International Paper has donated to the Equality PAC but has not lobbied for ideological purposes (1)(2)(3).

Board Bias

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CEO of International Paper

Mark S. Sutton

Mark S. Sutton

Summary:

Headquartered in Memphis, Tennessee, International Paper is a member of the Fortune 250 operating in the Materials industry. Mark S. Sutton serves as CEO/President and Chairman, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $397,450 to Republican causes and $184,409 to Democratic causes. Under their tenure, International Paper currently holds a 'Medium Risk' risk rating.

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Political Contributions of Leadership:

$397,450

$184,409

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/13/24GovernanceJohn CheveddenShareholder Proposal Concerning Shareowner Opportunity to Vote on Excessive Golden ParachutesAgainst34.38%
5/13/24SocialThe Comptroller of the State of New York, Thomas P DiNapoliShareowner Proposal Concerning a Report on the Company’s LGBTQ+ Equity and Inclusion EffortsAgainst21.24%
5/8/23SocialSteve MilloyShareowner Proposal Concerning a Report on Operations in ChinaAgainst2.14%
5/8/23GovernanceKenneth SteinerIndependent Board ChairAgainst32.10%
5/8/23SocialSteven MilloyReport on Operations in ChinaAgainst1.90%
5/9/22GovernanceN/A - UndisclosedRequire Independent Board ChairAgainst32.63%
5/9/22EnvironmentalN/A - UndisclosedReport on Costs and Benefits of Evironmental Related ExpedituresAgainst1.46%
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