Progressive
Corporate Bias Rating
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Risk Level:
Summary:
Progressive 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. Progressive 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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CEO of Progressive
Tricia Griffith
Summary:
Headquartered in Mayfield, Ohio, Progressive is a member of the Fortune 250 operating in the Insurance industry. Tricia Griffith and Lawton W. Fitt 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 $99,375 to Republican causes and $50,200 to Democratic causes. Under their tenure, Progressive currently holds a 'Medium Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$99,375
$50,200
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/10/24 | Social | National Center for Public Policy Research | Report to Shareholders on Risks Created by the Company's Diversity, Equity, and Inclusion Efforts | Against | 1.37% |
In the News
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Ally Financial , Amazon , American Airlines Group , Expedia Group , IBM , Meta Platforms , Paramount Global , Progressive , Southwest Airlines , Target , Alaska Airlines , Anheuser-Busch InBev (AB InBev) , BlackRock , CrowdStrike Holdings, Inc. , Dick’s Sporting Goods , Hasbro , The Hershey Company (Hershey’s) , Hy-Vee , Kellanova (Kellogg’s) , Kontoor , Lyft , Macy’s , Mars Inc. , Mattel , McDonald’s , Microsoft , Morgan Stanley , Nike , Nordstrom , PricewaterhouseCoopers (PwC) , Salesforce , Sanofi , Shake Shack Inc. , Starbucks , Twilio , Tyson Foods , Unilever , Walt Disney , Williams-Sonoma , Yum! Brands
Shearman & Sterling LLP , Debevoise & Plimpton LLP , Cooley LLP , Goodwin Procter , Hogan Lovells , Kirkland & Ellis , Latham & Watkins LLP , McDermott Will & Emery , Milbank LLP , Morgan Lewis & Bockius , Morrison & Foerster LLP , Perkins Coie LLP , Reed Smith LLP , Ropes & Gray , Sidley Austin , Simpson Thacher & Bartlett , Skadden, Arps, Slate, Meagher & Flom LLP , White & Case , Wilmer Cutler Pickering Hale & Dorr LLP (WilmerHale)
American Express , Intel , General Electric , Progressive , Ford Motor Co. , Duke Energy