Public Service Enterprise Group

New Jersey
Utilities

Risk Level:

Rating - Caution
Medium Risk

Summary:

Public Service Enterprise Group (PSEG) has not terminated business relationships due to ideological differences, though it does vet suppliers according to LGBTQ policies. The company does not have viewpoint protections for its employees. PSEG discriminates against faith-based organizations in its giving while using corporate funds to promote LGBTQ agendas in schools. For these reasons, PSEG receives a "Medium Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

PSEG received a score of 90 on the Corporate Equality Index from the Human Rights Campaign (1). Among other requirements, this means PSEG vets suppliers according to LGBTQ policies. There are no publicly known cases of PSEG terminating business relationships due to political or religious differences.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

PSEG will not donate funds to “events benefiting sectarian purpose organizations that promote religious doctrines or exclude participants based on religion” (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

PSEG does not protect employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

PSEG hosted the True Diversity Film Series in support of the Black Lives Matter and LGBTQ Pride movements (1)(2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

PSEG pledged to donate $10,000 to local colleges and high schools to “affirm” LGBTQ students (1). It also committed to donating $1 million to various racial justice organizations. While corporate donations are not necessarily ideological in nature, the organizations receiving the donations have not been disclosed (2).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

PSEG’s PAC donates in a bipartisan manner (1).

All links were last accessed and all information was updated on:
March 24, 2023

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