Public Service Enterprise Group (PSEG)

New Jersey
Utilities

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Public Service Enterprise Group (PSEG) vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, though the company has not publicly terminated business relationships based on views or beliefs. The company committed $1 million to racial justice organizations, though it is unclear if this money went to ideologically-driven groups. PSEG supports the LGBT movement and is a corporate partner of the National LGBT Chamber of Commerce. The company is committed to carbon neutrality by 2040 and discriminates against religious organizations in its charitable giving. However, it has not used its PAC contributions for ideological purposes. 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 views or beliefs.

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 provide protections against 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). The company is a Ceres Network Member, committed to net zero carbon emissions by 2040 (3)(4).

Criteria

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

Risk Level
Rationale

PSEG 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 (1)(2). The company¬†is a corporate partner of the National LGBT Chamber of Commerce (3). PSEG also pledged to donate $10,000 to local colleges and high schools to “affirm” LGBTQ students (4).

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:
September 20, 2023

Company reports are intended for educational use only. Full Disclaimer

Generate Reports
Clear
Toast