Johnson & Johnson
Corporate Bias Rating
Expand Summary
Risk Level:
Summary:
Johnson & Johnson scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Johnson & Johnson (J&J), 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. J&J 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. J&J pledged $10 million to BLM and related causes, is a corporate partner of the HRC, and a founding member of the PGLE. J&J is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation. J&J has donated to the Equality PAC and lobbies in an ideological manner. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, J&J receives a High Risk rating.
Board Bias
Expand Summary
CEO of Johnson & Johnson
Joaquin B. Duato
Summary:
Headquartered in New Brunswick, New Jersey, Johnson & Johnson is a member of the Fortune 250 operating in the Pharmaceuticals Biotechnology and Life Sciences industry. Joaquin B. Duato and Joaquin B. Duato 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 $128,600 to Republican causes and $158,900 to Democratic causes. Under their tenure, Johnson & Johnson currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$128,600
$158,900
Republican
Democrat
Shareholder Proposals
Expand Summary
Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/31/23 | Social | Jubitz Foundation | Shareholder proposal to discontinue the development of a non-lethal TASER drone system | Against | 0.00% |
4/27/23 | Governance | Hal Scott/Doris Behr 2012 Irrevocable Trust | Adopt Federal Securities Laws Mandatory Arbitration Bylaw | against | 0.00% |
4/27/23 | Social | Oxfam America, Inc. | Vaccine Pricing Report | Against | 31.30% |
4/27/23 | Social | Mercy Investment Services, Inc. | Impact of Extended Patent Exclusivities on Product Access | Against | 14.20% |
4/28/22 | Social | Mercy Investment Services | Third Party Racial Equity Audit | Against | 62.64% |
4/28/22 | Governance | Vermont Pension Investment Committee | Adopt Policy to Include Legal & Compliance Costs in Incent. Compensation Metrics | Against | 47.71% |
4/28/22 | Social | SHARE (Sharehldr Assoc for Research & Educ | Third Party Report on Lobbying Activities Alignment with Public Statements | Against | 43.26% |
4/28/22 | Social | Oxfam America, Inc. | Report on Government Financial Support & Access to COVID-19 Vaccines | Against | 33.80% |
4/28/22 | Social | Tulipshare Ltd. | Discontinue Global Sales of Baby Powder Containing Talc | Against | 15.63% |
4/28/22 | Governance | Myra K. Young | Consider Pay Disparity Between Executives and Other Employees | Against | 10.83% |
4/28/22 | Social | Harrington Investments, Inc. | Report on Public Health Costs of Protecting Vaccine Technology | Against | 8.68% |
4/28/22 | Social | National Legal and Policy Center | Request for Charitable Donations Disclosure | Against | 4.07% |
4/28/22 | Social | National Center for Public Policy Research | Civil Rights, Equity, Diversity & Inclusion Audit | Against | 2.74% |