Netflix

Los Gatos, California
Media and Entertainment

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Netflix often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Netflix 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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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.

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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
6/6/24GovernanceThe Mount St. Scholastica- Benedictine SistersAmendments to the Code of Ethics and report on board members’ compliance with the amended codeAgainst5.55%
6/6/24GovernanceJohn CheveddenSpecial Shareholder Meeting ImprovementAgainst45.63%
6/6/24SocialAFL-CIO Equity Index FundsReport on Netflix's Use of Artificial IntelligenceAgainst43.06%
6/6/24GovernanceNational Center for Public Policy ResearchCorporate Financial Sustainability ReportAgainst0.41%
6/6/24GovernanceThe New York City Carpenters Pension FundDirector Election Resignation Bylaw ProposalAgainst16.33%
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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