Oracle Corporation
Corporate Bias Rating
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Risk Level:
Summary:
Oracle 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, Oracle 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. Oracle 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. Oracle 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 supported the Equality Act and opposed laws like Florida's Parental Rights in Education Act. Oracle Subsidiary, Cerner Corporation has promoted the Equality Act as well as the CEO Action for Diversity and Inclusion pledge and mandates "unconscious bias trainings for managers". Oracle Advertising was a partner of the Global Disinformation Index before disaffiliating in 2023. Oracle continues to embrace ESG principles and embed ESG metrics into its business and its supplier relations, being a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, Oracle receives a High Risk rating.
Board Bias
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CEO of Oracle Corporation
Safra A. Catz
Summary:
Headquartered in Austin, Texas, Oracle Corporation is a member of the Fortune 250 operating in the Technology Hardware and Equipment industry. Safra A. Catz and Lawrence E. 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 $13,482,397 to Republican causes and $2,841,937 to Democratic causes. Under their tenure, Oracle Corporation currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$13,482,397
$2,841,937
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
11/15/23 | Social | Arjuna Capital | Racial and Gender Pay Gaps | against | 31.44% |
11/15/23 | Governance | Kenneth Steiner | Independent Board Chair | against | 22.64% |
In the News
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Oracle Corporation