Norfolk Southern


Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk


Norfolk Southern scored an 50 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Norfolk Southern increases the risk of dividing employees, alienating customers and harming shareholders. The company uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Norfolk Southern does not donate to faith-based institutions or provide viewpoint protections for its employees. However, it has not publicly terminated business relationships due to views or beliefs. The company also has a supplier diversity program that preferences supplier relationships according to ownership, such as LGBTQ-owned companies. Norfolk Southern supports the Equality Act, and it has donated to the Equality PAC. However, Norfolk Southern has not funded ideological organizations hostile to freedom of expression. For these reasons, Norfolk Southern receives a Medium Risk rating.

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Shareholder Proposals

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ESG Category
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/11/23GovernanceJohn CheveddenSpecial Shareholder Meeting Improvementagainst45.42%
5/12/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against44.79%
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