Public Storage

California
Commercial and Professional Services

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Public Storage has implemented sustainability clauses into its supplier contracts, and the company does not provide its employees with viewpoint protection. Public Storage has not publicly terminated business relationships based on views or beliefs. The company signed onto the CEO for Action & Diversity pledge. However, Public Storage does not discriminate against religious organizations in its charitable giving and has not used its corporate dollars for ideological purposes. For these reasons, Public Storage receives a Lower 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

Public Storage has not publicly fired customers, suppliers, or vendors based on views or beliefs. Public Storage has implemented ESG into its business practices and screened potential suppliers for ESG policy (1).

Criteria

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

Risk Level
Rationale

Public Storage offers an employee matching program but does not outline its donation guidelines. Public Storage also makes charitable contributions that do not discriminate based on religion (1).

Criteria

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

Risk Level
Rationale

Public Storage does not provide viewpoint protections for its employees (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

The CEO of Public Storage has signed the CEO Action for Diversity and Inclusion Pledge (1). Public Storage posted in celebration of Pride Month to its corporate LinkedIn account (2).

Criteria

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

Risk Level
Rationale

Public Storage has not used corporate funds to advance ideological causes, organizations, or policies.

Criteria

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

Risk Level
N/A
Rationale

Public Storage does not operate a PAC at this time (1).

All links were last accessed and all information was updated on:
October 21, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/2/23EnvironmentalAs You Sow on behalf of Longview Largecap 500 Index Fund and Handlery Hotels Inc.Shareholder Proposal Regarding Greenhouse Gas Reduction TargetsAgainst34.70%
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