PPG Industries
Corporate Bias Rating
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Risk Level:
Summary:
PPG Industries 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, PPG Industries 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. PPG Industries 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. The company lobbied the Pennsylvania state legislature to add sexual orientation and gender identity to the state's list of protected classes. PPG pledged to pay over $20 million to "address systemic racism". For these reasons, PPG Industries receives a High Risk rating.
Board Bias
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CEO of PPG Industries
Timothy K. Knavish
Summary:
Headquartered in Pittsburgh, Pennsylvania, PPG Industries is a member of the Fortune 250 operating in the Materials industry. Timothy K. Knavish and Michael H. McGarry 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 $500 to Republican causes and $1,800 to Democratic causes. Under their tenure, PPG Industries currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$500
$1,800
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
4/18/24 | Governance | John Chevedden | Shareholder Right to Call a Special Shareholder Meeting | Against | 0.00% |
4/20/23 | Governance | AFL-CIO | Independent Board Chair | Against | 39.80% |
4/19/22 | Governance | AFL-CIO | Consider Pay Disparity Between CEO and Other Employees | Against | 9.84% |