Corprate Bias Ratings
RTX, formerly Raytheon Technologies, vets vendors for LGBTQ policies and does not provide viewpoint protections for its employees. RTX has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care" for its employees and their children. Raytheon is a platinum partner of the Human Rights Campaign (HRC) and pledged $25 million to racial justice organizations including the National Urban League and the Equal Justice Initiative. RTX CEO signed the CEO Action for Diversity & Inclusion pledge, and the company allegedly requires employees to participate in critical race theory training. Raytheon is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. RTX may discriminate against certain religious charities. For these reasons, RTX receives a High Risk rating.
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.
In 2022, Raytheon Technologies company received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). However, it has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
RTX’s charitable giving guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender identity, thereby excluding some religious charities (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Raytheon’s CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (1)(2). The company’s CEO is also a member of the Business Roundtable, and former Raytheon CEO Thomas A. Kennedy signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (3)(4). There are multiple reports that Raytheon incorporates critical race theory into mandatory employee training (5)(6)(7).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Raytheon has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). The company is a platinum national corporate partner of the HRC (3). Raytheon pledged $25 million to racial justice causes, including the National Urban League and the Equal Justice Initiative (4)(5). United Technologies, which merged with Raytheon in 2020, made donations to Planned Parenthood through its employee charitable giving program (5). United Technologies was also a corporate partner of the NGLCC (6). Raytheon is a Gold sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (7)(8).
All links were last accessed and all information was updated on:
November 3, 2023
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|Date||ESG Category||Proponent||Summary of Resolution||Mgmt Rec||Total Vote % in Favor|
|5/2/23||Governance||John Chevedden||Independent Board Chair||Against||43.10%|
|5/2/23||Environmental||Minnesota Valley Trust||Greenhouse Gas Reduction Plan||Against||37.80%|