Pinnacle West Capital

Arizona
Diversified Financials, Utilities

Corporate Bias Rating

Expand Summary

Risk Level:

Rating - Caution
Medium Risk

Summary:

By complying with Human Rights Campaign’s controversial demands, Pinnacle West Capital 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. Pinnacle West Capital does not provide its employees with protections against viewpoint discrimination. However, it has not publicly terminated business relationships based on views or beliefs. The company discriminates against religious organizations in its charitable giving, integrates ESG into all its business practices, and is committed to carbon neutrality by 2050. However, it has not used its corporate funds or political contributions for ideological purposes. For these reasons, Pinnacle West Capital receives a Medium Risk rating.

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