Lowe’s Home Improvement

Mooresville, North Carolina
Real Estate

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Lowe's has not publicly terminated business relationships based on views or beliefs. Lowe’s 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, Lowe's 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. Lowe's 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 does not provide its employees with protections against viewpoint discrimination. The company offers critical race theory and signed the OneTen pledge to emphasize race in hiring. Lowe's is a corporate partner of the National LGBT Chamber of Commerce and has donated to the Equality PAC. However, the company does not discriminate against charitable organizations based on views or beliefs. For these reasons, Lowe's receives a High Risk rating.

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Board Bias

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CEO of Lowe’s Home Improvement

Marvin R. Ellison

Marvin R. Ellison

Summary:

Headquartered in Mooresville, North Carolina, Lowe’s Home Improvement is a member of the Fortune 250 operating in the Real Estate industry. Marvin R. Ellison and Marvin R. Ellison 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 $165,905 to Republican causes and $1,027,697 to Democratic causes. Under their tenure, Lowe’s Home Improvement currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$165,905

$1,027,697

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/5/23SocialRacial Equity AuditAgainst42.24%
4/5/23Socialindigenous peoples rightsAgainst26.67%
4/5/23Environmentalthe circular economyAgainst10.81%
4/5/23EnvironmentalFossil Fuel Financing PolicyAgainst6.76%
4/5/23Environmentaladvisory vote on environmental policiesAgainst18.76%
4/5/23Environmentalabsolute greenhouse gas reduction goalsAgainst17.17%
4/5/23EnvironmentalTCFD Reporting for M&A and Direct LendingAgainst7.15%
5/26/23GovernanceJohn CheveddenIndependent Board ChairmanAgainst22.90%
5/27/22SocialArjuna CapitalReport on Median Gender/Racial Pay GapAgainst58.01%
5/27/22SocialInt'l Brotherhood of TeamstersReport on Risks from Company Vendors that Misclassify Emplyees as Independent ContractorsAgainst35.71%
5/27/22GovernanceJohn CheveddenProxy Access AmendmentsAgainst32.28%
5/27/22SocialEducational Foundation of AmericaReport on Risks of State Policies Restricting Reproductive Health CareAgainst32.21%
5/27/22SocialNational Center for Public Policy ResearchCivil Rights and Non-Discrimination AuditAgainst1.95%
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