Netflix

Los Gatos, California
Media and Entertainment

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Netflix has boycotted entire states because of political policies but has recently stood up to activist pressure to cancel a show from a famous off-color comedian, Dave Chappelle. Shortly thereafter, Netflix updated its corporate guidelines to allow for more free speech on its platform, signaling to future employees that the company will not cave to cancel culture pressure. Netflix scored a 65 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Netflix increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Netflix 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. The company has donated to Planned Parenthood. Netflix also offers comprehensive "non-binary-inclusive care" and pledged over $200 million to BLM and related causes. The company supports the Equality Act and has also denounced state efforts to reform its election processes. Netflix is a corporate partner of the National LGBT Chamber of Commerce (NGLCC) and promotes LGBTQ ideology on its platform. However, the company does not appear to discriminate against charitable organizations based on views or beliefs and has not lobbied for ideological purposes. For these reasons, Netflix receives a Medium Risk rating.

Board Bias

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CEO of Netflix

Greg Peters

Greg Peters

CEO of Netflix

Ted Sarandos

Ted Sarandos

Summary:

Headquartered in Los Gatos, California, Netflix is a member of the Fortune 250 operating in the Media and Entertainment industry. Greg Peters, Ted Sarandos and Reed Hastings 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 $422,110 to Republican causes and $3,111,853 to Democratic causes. Under their tenure, Netflix currently holds a 'Medium Risk' risk rating.

Political Contributions of Leadership:

$422,110

$3,111,853

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
6/1/23SocialThe Comptroller of the State of New YorkPolicy on Freedom of AssociationAgainst3512.00%
6/1/23EnvironmentalAs You Sow Foundation FundA report on the Company's 401(K) PlanAgainst8.35%
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